Raintree Park2
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Raintree 7
|
RM 523,000
|
RM 395
|
1,324 sqft
|
|
|
Level 1
|
RM 370,000
|
RM 240
|
1,542 sqft
|
|
|
Jalan Raintree 7
|
RM 650,000
|
RM 403
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 490,000
|
RM 303
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 585,000
|
RM 362
|
1,615 sqft
|
|
|
Level 1
|
RM 450,000
|
RM 276
|
1,629 sqft
|
|
|
|
Level G
|
RM 539,000
|
RM 331
|
1,629 sqft
|
|
|
|
Level 1
|
RM 539,000
|
RM 331
|
1,629 sqft
|
|
|
|
Level 1
|
RM 523,000
|
RM 321
|
1,629 sqft
|
|
|
Lorong Raintree 9
|
RM 650,000
|
RM 302
|
2,153 sqft
|
|
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Market Snapshot
ResidentialRM 531,000
RM 326 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 531K and a median price per square foot (PSF) of RM 326.
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 450K to RM 612K, and a typical market range of RM 455K to RM 607K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 326, with core pricing between RM 278 and RM 374. Market pricing typically extends from RM 274.92 to RM 376.92, reflecting moderate variation in unit pricing. With an IQR of RM 102.00 and MAD of RM 48, 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.