RAINTREE PARK 1

Area Intelligence
2022
Median Price
RM 517,000
PSF: RM 390

Residential PSF Trends

Median Price

RM 517,000

PSF: RM 390

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 15 subsale transactions in 2022, with a median price of RM 517K 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 517K, with most transactions falling within a stable range of RM 458K to RM 560K, and a typical market range of RM 461K to RM 560K.

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 390, though individual units vary from RM 310 to RM 470 in the core range. The broader market spans RM 334.00 to RM 446.00, indicating diverse property characteristics. The spread of RM 112.00 (IQR) and deviation of RM 80 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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RAINTREE PARK 1, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

15 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 498,000
JALAN RAINTREE 2
1,281 sqft · RM 389 PSF
RM 517,000
JALAN RAINTREE 4
1,281 sqft · RM 404 PSF
RM 530,000
JALAN RAINTREE 4
1,281 sqft · RM 414 PSF
RM 535,000
LORONG RAINTREE 3
1,281 sqft · RM 418 PSF
RM 500,000
JALAN RAINTREE 3
1,281 sqft · RM 390 PSF
RM 550,000
JALAN RAINTREE 4
1,281 sqft · RM 429 PSF
1,550 sqft
Town House
RM 450,000
Level 1
1,542 sqft · RM 292 PSF
1,800 sqft
RM 560,000
JALAN RAINTREE 3
1,808 sqft · RM 310 PSF
RM 393,000
Level D
1,798 sqft · RM 219 PSF
1,900 sqft
Town House
RM 368,000
Level G
1,884 sqft · RM 195 PSF
RM 440,000
Level 1
1,905 sqft · RM 231 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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