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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Raintree 1
|
RM 580,000
|
RM 359
|
1,615 sqft
|
|
2-Sty Terrace |
|
Jalan Raintree 1
|
RM 614,000
|
RM 380
|
1,615 sqft
|
|
2-Sty Terrace |
|
Jalan Raintree 1
|
RM 770,000
|
RM 358
|
2,153 sqft
|
|
Semi-D |
|
Jalan Raintree 3
|
RM 695,000
|
RM 323
|
2,153 sqft
|
|
Semi-D |
|
Jalan Raintree 1
|
RM 600,000
|
RM 372
|
1,615 sqft
|
|
2-Sty Terrace |
|
Level 1
|
RM 480,000
|
RM 255
|
1,884 sqft
|
|
Townhouse |
| 2024 | |||||
|
Jalan Raintree 1
|
RM 790,000
|
RM 367
|
2,153 sqft
|
|
Semi-D |
|
Jalan Raintree 2
|
RM 745,000
|
RM 346
|
2,153 sqft
|
|
Semi-D |
|
Jalan Raintree 1
|
RM 498,000
|
RM 308
|
1,615 sqft
|
|
2-Sty Terrace |
|
Jalan Raintree 4
|
RM 850,000
|
RM 395
|
2,153 sqft
|
|
Semi-D |
|
Level 1
|
RM 430,000
|
RM 228
|
1,884 sqft
|
|
Townhouse |
| 2023 | |||||
|
Jalan Raintree 1
|
RM 684,000
|
RM 318
|
2,153 sqft
|
|
Semi-D |
|
Jalan Raintree 3
|
RM 590,000
|
RM 365
|
1,615 sqft
|
|
2-Sty Terrace |
|
Level 1
|
RM 520,000
|
RM 276
|
1,884 sqft
|
|
Townhouse |
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Market Snapshot
ResidentialRM 537,500
RM 387 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 48 subsale transactions between 2021 and 2026, with a median price of RM 538K and a median price per square foot (PSF) of RM 318.
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 538K, with most transactions falling within a stable range of RM 483K to RM 593K, and a typical market range of RM 480K to RM 595K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 318, with core pricing between RM 263 and RM 372. Market pricing typically extends from RM 263.11 to RM 372.36, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 55 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.