Raintree Park 1
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Raintree 1
|
RM 770,000
|
RM 358
|
2,153 sqft
|
|
|
|
Jalan Raintree 3
|
RM 695,000
|
RM 323
|
2,153 sqft
|
|
|
|
Jalan Raintree 1
|
RM 790,000
|
RM 367
|
2,153 sqft
|
|
|
|
Jalan Raintree 2
|
RM 745,000
|
RM 346
|
2,153 sqft
|
|
|
|
Jalan Raintree 4
|
RM 850,000
|
RM 395
|
2,153 sqft
|
|
|
|
Jalan Raintree 1
|
RM 684,000
|
RM 318
|
2,153 sqft
|
|
|
Jalan Raintree 2
|
RM 830,000
|
RM 283
|
2,928 sqft
|
|
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Market Snapshot
ResidentialRM 689,500
RM 318 psfMedian transaction price
6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia
MapsRaintree Park 1 in Seberang Perai Selatan, Penang recorded 12 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 690K and a median price per square foot (PSF) of RM 318.
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 690K, with most transactions falling within a stable range of RM 609K to RM 770K, and a typical market range of RM 632K to RM 747K.
Within the Double Storey Semi-D category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 318, with core pricing between RM 282 and RM 353. Market pricing typically extends from RM 263.11 to RM 372.36, reflecting moderate variation in unit pricing. With an IQR of RM 109.25 and MAD of RM 35, 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.