Penang
Seberang Perai Selatan
15
RAINTREE PARK 1

RAINTREE PARK 1

Area Intelligence

2023

Median Price

RM 540,000

PSF: RM 390

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Residential PSF Trends

Median Price

RM 540,000

PSF: RM 390

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 11 subsale transactions in 2023, with a median price of RM 540K and a median price per square foot (PSF) of RM 390.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 390, with most transactions between RM 390 and RM 390. The usual range is RM 334.00 to RM 446.00, showing that most units are priced quite close to each other. With an IQR of RM 112.00 and MAD of RM 0, 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.

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RAINTREE PARK 1, Seberang Perai Selatan, Penang

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Transactions

2 transactions found

Popular Ranges

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

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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

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RM 500,000

JALAN RAINTREE 2

1,281 sqft • RM 390.00 PSF

Sep 2023

RM 500,000

JALAN RAINTREE 3

1,281 sqft • RM 390.00 PSF

Jun 2023

Road	Price	Land PSF	Land	Date	Type
JALAN RAINTREE 2	RM 500,000	RM 390.00	1,281 sqft	Sep 2023	Double Storey Terraced
JALAN RAINTREE 3	RM 500,000	RM 390.00	1,281 sqft	Jun 2023	Double Storey Terraced