RAINTREE PARK 1

Area Intelligence
2024
Median Price
RM 745,000
PSF: RM 367

Residential PSF Trends

Median Price

RM 745,000

PSF: RM 367

RAINTREE PARK 1 in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2024, with a median price of RM 745K and a median price per square foot (PSF) of RM 367.

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 745K, with most transactions falling within a stable range of RM 578K to RM 850K, and a typical market range of RM 689K to RM 802K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 367, with core pricing between RM 306 and RM 428. Market pricing typically extends from RM 311.00 to RM 423.00, reflecting moderate variation in unit pricing. The spread of RM 112.00 (IQR) and deviation of RM 61 (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.

Loading map...

RAINTREE PARK 1, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

5 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 498,000
JALAN RAINTREE 1
1,281 sqft · RM 389 PSF
1,900 sqft
Town House
RM 430,000
Level 1
1,884 sqft · RM 228 PSF
2,150 sqft
Double Storey Semi-D
RM 790,000
JALAN RAINTREE 1
2,153 sqft · RM 367 PSF
RM 745,000
JALAN RAINTREE 2
2,153 sqft · RM 346 PSF
RM 850,000
JALAN RAINTREE 4
2,153 sqft · RM 395 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access