LIST

Penang, Seberang Perai Selatan, 15

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. The median price is RM 540K, with most transactions falling within a stable range of RM 500K to RM 640K, and a typical market range of RM 500K to RM 597K.

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 326 and RM 454. Market pricing typically extends from RM 334.00 to RM 446.00, reflecting moderate variation in unit pricing. The spread of RM 112.00 (IQR) and deviation of RM 64 (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

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Transactions

11 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
1,300 sqft
Double Storey Terraced
RM 590,000
JALAN RAINTREE 3
1,281 sqft · RM 461 PSF
RM 540,000
JALAN RAINTREE 3
1,281 sqft · RM 422 PSF
RM 500,000
JALAN RAINTREE 2
1,281 sqft · RM 390 PSF
RM 522,000
JALAN RAINTREE 1
1,281 sqft · RM 408 PSF
RM 500,000
JALAN RAINTREE 3
1,281 sqft · RM 390 PSF
RM 595,000
JALAN RAINTREE 1
1,281 sqft · RM 465 PSF
RM 508,000
JALAN RAINTREE 1
1,281 sqft · RM 397 PSF
1,900 sqft
Town House
RM 520,000
Level 1
1,884 sqft · RM 276 PSF
2,150 sqft
Double Storey Semi-D
RM 684,000
JALAN RAINTREE 1
2,153 sqft · RM 318 PSF
RM 684,000
JALAN RAINTREE 3
2,153 sqft · RM 318 PSF
2,950 sqft
Double Storey Semi-D
RM 830,000
JALAN RAINTREE 2
2,928 sqft · RM 283 PSF

No Properties For Sale

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

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