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

5 subsales grouped by size · 2-Sty Terrace →

Median
RM 745,000
PSF
RM 346
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 498,000
Jalan Raintree 1
1,615 sqft · RM 308 PSF
1,900 sqft
Townhouse
RM 430,000
Level 1
1,884 sqft · RM 228 PSF
2,150 sqft
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
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 745,000

RM 346 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 5 subsale transactions in 2024, with a median price of RM 745K and a median price per square foot (PSF) of RM 346.

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 687K to RM 803K.

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

The median PSF stands at RM 346, with core pricing between RM 288 and RM 404. Market pricing typically extends from RM 291.44 to RM 400.69, reflecting moderate variation in unit pricing. The spread of RM 109.25 (IQR) and deviation of RM 58 (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.