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 |
|---|
|
Level 1
|
RM 450,000
|
RM 292
|
1,542 sqft
|
|
|
Level D
|
RM 393,000
|
RM 219
|
1,798 sqft
|
|
|
Level 1
|
RM 480,000
|
RM 255
|
1,884 sqft
|
|
|
|
Level 1
|
RM 430,000
|
RM 228
|
1,884 sqft
|
|
|
|
Level 1
|
RM 520,000
|
RM 276
|
1,884 sqft
|
|
|
|
Level G
|
RM 368,000
|
RM 195
|
1,884 sqft
|
|
|
|
Level 1
|
RM 440,000
|
RM 231
|
1,905 sqft
|
|
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Market Snapshot
ResidentialRM 440,000
RM 231 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 7 Town House properties subsale transactions between 2021 and 2026, with a median price of RM 440K and a median price per square foot (PSF) of RM 231.
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 440K, with most transactions falling within a stable range of RM 393K to RM 487K, and a typical market range of RM 382K to RM 498K.
Within the Town House category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 231, with core pricing between RM 200 and RM 262. Market pricing typically extends from RM 176.33 to RM 285.58, reflecting moderate variation in unit pricing. With an IQR of RM 109.25 and MAD of RM 31, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.