Raintree Park 1

6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia

Property Transactions

21 subsales grouped by size · 2-Sty Terrace →

Median
RM 531,000
PSF
RM 320
Price Size
Period
transactions middle 50% (P25–P75)
1,550 sqft
Townhouse
RM 450,000
Level 1
1,542 sqft · RM 292 PSF
1,600 sqft
2-Sty Terrace
RM 498,000
Jalan Raintree 2
1,615 sqft · RM 308 PSF
RM 517,000
Jalan Raintree 4
1,615 sqft · RM 320 PSF
RM 535,000
Lorong Raintree 3
1,615 sqft · RM 331 PSF
RM 611,000
Jalan Raintree 3
1,615 sqft · RM 378 PSF
RM 560,000
Jalan Raintree 3
1,615 sqft · RM 347 PSF
RM 550,000
Jalan Raintree 4
1,615 sqft · RM 341 PSF
+7 more
1,650 sqft
2-Sty Terrace
RM 530,000
Jalan Raintree 4
1,658 sqft · RM 320 PSF
1,800 sqft
Townhouse
RM 393,000
Level D
1,798 sqft · RM 219 PSF
1,900 sqft
Townhouse
RM 368,000
Level G
1,884 sqft · RM 195 PSF
RM 440,000
Level 1
1,905 sqft · RM 231 PSF
2,150 sqft
Semi-D
RM 640,000
Jalan Raintree 1
2,153 sqft · RM 297 PSF
RM 618,000
Jalan Raintree 2
2,153 sqft · RM 287 PSF
RM 640,000
Jalan Raintree 3
2,153 sqft · RM 297 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 531,000

RM 320 psf

Median transaction price

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6, Jalan Raintree 1, Villa Raintree 1, Raintree Park, 1, Villa Raintree 1, Bandar Tasek Mutiara, 14120 Simpang Ampat, Penang, Malaysia

Maps

Raintree Park 1 in Seberang Perai Selatan, Penang recorded 21 subsale transactions in 2022, with a median price of RM 531K and a median price per square foot (PSF) of RM 320.

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 531K, with most transactions falling within a stable range of RM 451K to RM 611K, and a typical market range of RM 473K to RM 589K.

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

The median PSF stands at RM 320, with core pricing between RM 269 and RM 370. Market pricing typically extends from RM 265.11 to RM 374.36, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 50 (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. Moderate transaction volume may require patience when buying or selling.