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 |
|---|
|
Level 1
|
RM 370,000
|
RM 240
|
1,542 sqft
|
|
|
Level 1
|
RM 450,000
|
RM 276
|
1,629 sqft
|
|
Posts about Raintree Park2
No posts about Raintree Park2 yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
ResidentialRM 410,000
RM 258 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 410K and a median price per square foot (PSF) of RM 258.
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 410K, with most transactions falling within a stable range of RM 370K to RM 450K, and a typical market range of RM 370K to RM 450K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 258, with most transactions between RM 240 and RM 276. The usual range is RM 207.10 to RM 309.10, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 18, 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.