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

11 subsales grouped by size · 2-Sty Terrace →

Median
RM 540,000
PSF
RM 318
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 590,000
Jalan Raintree 3
1,615 sqft · RM 365 PSF
RM 540,000
Jalan Raintree 3
1,615 sqft · RM 334 PSF
RM 500,000
Jalan Raintree 2
1,615 sqft · RM 310 PSF
RM 522,000
Jalan Raintree 1
1,615 sqft · RM 323 PSF
RM 500,000
Jalan Raintree 3
1,615 sqft · RM 310 PSF
RM 595,000
Jalan Raintree 1
1,615 sqft · RM 369 PSF
RM 508,000
Jalan Raintree 1
1,615 sqft · RM 315 PSF
1,900 sqft
Townhouse
RM 520,000
Level 1
1,884 sqft · RM 276 PSF
2,150 sqft
Semi-D
RM 684,000
Jalan Raintree 1
2,153 sqft · RM 318 PSF
RM 684,000
Jalan Raintree 3
2,153 sqft · RM 318 PSF
2,950 sqft
Semi-D
RM 830,000
Jalan Raintree 2
2,928 sqft · RM 283 PSF
Legend Recent Highest Price Highest PSF

Posts about Raintree Park 1

What’s happening in Raintree Park 1?

No posts about Raintree Park 1 yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM 540,000

RM 318 psf

Median transaction price

Loading map...

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 11 subsale transactions in 2023, with a median price of RM 540K 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 540K, with most transactions falling within a stable range of RM 500K to RM 640K, and a typical market range of RM 500K to RM 598K.

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

For price per square foot, the median is RM 318, with most transactions between RM 291 and RM 345. The usual range is RM 263.11 to RM 372.36, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 27, 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.