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 580,000
|
RM 359
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 614,000
|
RM 380
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 600,000
|
RM 372
|
1,615 sqft
|
|
|
|
Jalan Raintree 1
|
RM 498,000
|
RM 308
|
1,615 sqft
|
|
|
|
Jalan Raintree 3
|
RM 590,000
|
RM 365
|
1,615 sqft
|
|
|
|
Jalan Raintree 3
|
RM 540,000
|
RM 334
|
1,615 sqft
|
|
|
Jalan Raintree 4
|
RM 530,000
|
RM 320
|
1,658 sqft
|
|
|
Jalan Raintree 4
|
RM 498,000
|
RM 264
|
1,884 sqft
|
|
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Market Snapshot
ResidentialRM 530,000
RM 323 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 29 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 530K and a median price per square foot (PSF) of RM 323.
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 530K, with most transactions falling within a stable range of RM 481K to RM 579K, and a typical market range of RM 472K to RM 588K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 323, with core pricing between RM 290 and RM 356. Market pricing typically extends from RM 268.68 to RM 377.93, reflecting moderate variation in unit pricing. With an IQR of RM 109.25 and MAD of RM 33, 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.