RAINTREE PARK2
Residential Market
Median Price
RM 650,000
PSF Trends (2021-2025)
RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 491.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 491, with most transactions between RM 491 and RM 491. The usual range is RM 442.50 to RM 539.50, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 0, 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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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
JALAN RAINTREE 7
|
RM 650,000
|
RM 491.00
|
1,324 sqft
|
Jan 2025
|