Raintree Park 1
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Raintree 1
|
RM 580,000
|
RM 359
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 614,000
|
RM 380
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 600,000
|
RM 372
|
1,615 sqft
|
|
|
Jalan Raintree 1
|
RM 770,000
|
RM 358
|
2,153 sqft
|
|
|
|
Jalan Raintree 3
|
RM 695,000
|
RM 323
|
2,153 sqft
|
|
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Market Snapshot
ResidentialRM 614,000
RM 359 psfMedian transaction price
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
MapsRaintree Park 1 in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 614K and a median price per square foot (PSF) of RM 359.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 614K, with most transactions falling within a stable range of RM 580K to RM 685K, and a typical market range of RM 580K to RM 672K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 359, with most transactions between RM 339 and RM 379. The usual range is RM 304.38 to RM 413.63, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.