Penang
Seberang Perai Selatan
15
RAINTREE PARK 1

RAINTREE PARK 1

Area Intelligence

2022

Median Price

RM 531,000

PSF: RM 317

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 531,000

PSF: RM 317

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 21 subsale transactions in 2022, with a median price of RM 531K and a median price per square foot (PSF) of RM 317.

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 531K, with most transactions falling within a stable range of RM 486K to RM 500K, and a typical market range of RM 475K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 317, though individual units vary from RM 241 to RM 393 in the core range. The broader market spans RM 261.00 to RM 373.00, indicating diverse property characteristics. The spread of RM 112.00 (IQR) and deviation of RM 76 (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.

Loading map...

RAINTREE PARK 1, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 450,000

Level 1

1,542 sqft • RM 292.00 PSF

Nov 2022

RM 498,000

JALAN RAINTREE 2

1,281 sqft • RM 389.00 PSF

Oct 2022

RM 368,000

Level G

1,884 sqft • RM 195.00 PSF

Aug 2022

RM 393,000

Level D

1,798 sqft • RM 219.00 PSF

Jun 2022

RM 500,000

JALAN RAINTREE 3

1,281 sqft • RM 390.00 PSF

May 2022

RM 440,000

Level 1

1,905 sqft • RM 231.00 PSF

Apr 2022

RM 438,000

JALAN RAINTREE 3

1,281 sqft • RM 342.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 1	RM 450,000	RM 292.00	1,542 sqft	Nov 2022	Town House
JALAN RAINTREE 2	RM 498,000	RM 389.00	1,281 sqft	Oct 2022	Double Storey Terraced
Level G	RM 368,000	RM 195.00	1,884 sqft	Aug 2022	Town House
Level D	RM 393,000	RM 219.00	1,798 sqft	Jun 2022	Town House
JALAN RAINTREE 3	RM 500,000	RM 390.00	1,281 sqft	May 2022	Double Storey Terraced
Level 1	RM 440,000	RM 231.00	1,905 sqft	Apr 2022	Town House
JALAN RAINTREE 3	RM 438,000	RM 342.00	1,281 sqft	Jan 2022	Double Storey Terraced