Raintree Park2

Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

37 subsales grouped by size

Period
transactions middle 50% (P25–P75)
1,300 sqft
2-Sty Terrace
RM 523,000
Jalan Raintree 7
1,324 sqft · RM 395 PSF
1,550 sqft
Townhouse
RM 370,000
Level 1
1,542 sqft · RM 240 PSF
RM 450,000
Level 1
1,542 sqft · RM 292 PSF
RM 396,000
Level 1
1,542 sqft · RM 257 PSF
1,600 sqft
2-Sty Terrace
RM 650,000
Jalan Raintree 7
1,615 sqft · RM 403 PSF
RM 490,000
Jalan Raintree 6
1,615 sqft · RM 303 PSF
RM 585,000
Jalan Raintree 6
1,615 sqft · RM 362 PSF
RM 530,000
Jalan Raintree 7
1,615 sqft · RM 328 PSF
RM 565,000
Jalan Raintree 5
1,615 sqft · RM 350 PSF
RM 575,000
Jalan Raintree 6
1,615 sqft · RM 356 PSF
1,650 sqft
Townhouse
RM 450,000
Level 1
1,629 sqft · RM 276 PSF
RM 539,000
Level G
1,629 sqft · RM 331 PSF
RM 539,000
Level 1
1,629 sqft · RM 331 PSF
RM 523,000
Level 1
1,629 sqft · RM 321 PSF
37
transactions

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Market Snapshot

Residential

RM 539,000

RM 312 psf

Median transaction price

Raintree Park2
© OpenStreetMap · CARTO

Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Raintree Park2 in Seberang Perai Selatan, Penang recorded 37 subsale transactions between 2021 and 2026, with a median price of RM 539K and a median price per square foot (PSF) of RM 312.

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 539K, with most transactions falling within a stable range of RM 450K to RM 628K, and a typical market range of RM 463K to RM 615K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 312, with core pricing between RM 258 and RM 366. Market pricing typically extends from RM 260.53 to RM 362.53, reflecting moderate variation in unit pricing. The spread of RM 102.00 (IQR) and deviation of RM 54 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.