Penang
Seberang Perai Selatan
15
RAINTREE PARK2

RAINTREE PARK2

Area Intelligence

Median Price

RM 680,000

PSF: RM 292

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Residential PSF Trends

Median Price

RM 680,000

PSF: RM 292

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 680K and a median price per square foot (PSF) of RM 292.

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 680K, with most transactions falling within a stable range of RM 624K to RM 736K, and a typical market range of RM 605K to RM 755K.

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 292, with most transactions between RM 266 and RM 318. The usual range is RM 243.00 to RM 341.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 26, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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RAINTREE PARK2, Seberang Perai Selatan, Penang

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Transactions

11 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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RM 650,000

LORONG RAINTREE 9

2,153 sqft • RM 302.00 PSF

Jun 2024

RM 700,000

LORONG RAINTREE 8

2,820 sqft • RM 248.00 PSF

Jul 2023

RM 665,000

LORONG RAINTREE 10

2,164 sqft • RM 307.00 PSF

Apr 2023

RM 680,000

LORONG RAINTREE 10

2,809 sqft • RM 242.00 PSF

Feb 2023

RM 695,000

LORONG RAINTREE PARK 9

2,164 sqft • RM 321.00 PSF

Aug 2022

RM 740,000

JALAN RAINTREE 7

2,906 sqft • RM 255.00 PSF

Jun 2022

RM 674,000

LORONG RAINTREE 8

2,164 sqft • RM 312.00 PSF

May 2022

RM 635,000

RAINTREE PARK II

2,174 sqft • RM 292.00 PSF

Jan 2022

RM 809,000

LORONG RAINTREE 7

2,820 sqft • RM 287.00 PSF

Dec 2021

RM 750,000

JALAN RAINTREE 9

2,519 sqft • RM 298.00 PSF

Nov 2021

RM 598,000

JALAN RAINTREE 6

2,282 sqft • RM 262.00 PSF

Oct 2021

Road	Price	Land PSF	Land	Date	Type
LORONG RAINTREE 9	RM 650,000	RM 302.00	2,153 sqft	Jun 2024	Double Storey Semi-D
LORONG RAINTREE 8	RM 700,000	RM 248.00	2,820 sqft	Jul 2023	Double Storey Semi-D
LORONG RAINTREE 10	RM 665,000	RM 307.00	2,164 sqft	Apr 2023	Double Storey Semi-D
LORONG RAINTREE 10	RM 680,000	RM 242.00	2,809 sqft	Feb 2023	Double Storey Semi-D
LORONG RAINTREE PARK 9	RM 695,000	RM 321.00	2,164 sqft	Aug 2022	Double Storey Semi-D
JALAN RAINTREE 7	RM 740,000	RM 255.00	2,906 sqft	Jun 2022	Double Storey Terraced
LORONG RAINTREE 8	RM 674,000	RM 312.00	2,164 sqft	May 2022	Double Storey Semi-D
RAINTREE PARK II	RM 635,000	RM 292.00	2,174 sqft	Jan 2022	Double Storey Terraced
LORONG RAINTREE 7	RM 809,000	RM 287.00	2,820 sqft	Dec 2021	Double Storey Semi-D
JALAN RAINTREE 9	RM 750,000	RM 298.00	2,519 sqft	Nov 2021	Double Storey Semi-D
JALAN RAINTREE 6	RM 598,000	RM 262.00	2,282 sqft	Oct 2021	Double Storey Terraced