RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 500K 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. The median price is RM 500K, with most transactions falling within a stable range of RM 449K to RM 551K, and a typical market range of RM 444K to RM 557K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 390, with core pricing between RM 345 and RM 435. Market pricing typically extends from RM 334.00 to RM 446.00, reflecting moderate variation in unit pricing. With an IQR of RM 112.00 and MAD of RM 45, 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. Moderate transaction volume may require patience when buying or selling.