Penang
Seberang Perai Selatan
15
RAINTREE PARK2

RAINTREE PARK2

Area Intelligence

2022

Median Price

RM 530,000

PSF: RM 308

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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 308

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 308.

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 530K, with most transactions falling within a stable range of RM 420K to RM 640K, and a typical market range of RM 455K to RM 605K.

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

Price per square foot shows a median of RM 308, though individual units vary from RM 243 to RM 373 in the core range. The broader market spans RM 259.00 to RM 357.00, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 65 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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RAINTREE PARK2, Seberang Perai Selatan, Penang

OSM

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Transactions

12 transactions grouped by size

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

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 530,000

JALAN RAINTREE 6

1,324 sqft · RM 400 PSF

Sep 2022

RM 530,000

JALAN RAINTREE PARK 6

1,324 sqft · RM 400 PSF

Jun 2022

RM 500,000

JALAN RAINTREE 6

1,324 sqft · RM 378 PSF

May 2022

JALAN RAINTREE 6	RM 530,000	RM 400	1,324 sqft	Sep 2022
JALAN RAINTREE PARK 6	RM 530,000	RM 400	1,324 sqft	Jun 2022
JALAN RAINTREE 6	RM 500,000	RM 378	1,324 sqft	May 2022

1,350 sqft

Double Storey Terraced

1,350 sqft

Double Storey Terraced

RM 566,000

JALAN RAINTREE PARK 6

1,335 sqft · RM 424 PSF

Sep 2022

JALAN RAINTREE PARK 6

RM 566,000

RM 424

1,335 sqft

Sep 2022

1,550 sqft

Town House

1,550 sqft

Town House

RM 396,000

Level 1

1,542 sqft · RM 257 PSF

Oct 2022

Level 1

RM 396,000

RM 257

1,542 sqft

Oct 2022

1,650 sqft

Town House

1,650 sqft

Town House

RM 439,000

Level 1

1,629 sqft · RM 269 PSF

Dec 2022

RM 495,000

Level 1

1,629 sqft · RM 304 PSF

Aug 2022

Level 1	RM 439,000	RM 269	1,629 sqft	Dec 2022
Level 1	RM 495,000	RM 304	1,629 sqft	Aug 2022

1,900 sqft

Town House

1,900 sqft

Town House

RM 400,000

Level 1

1,884 sqft · RM 212 PSF

Jan 2022

Level 1

RM 400,000

RM 212

1,884 sqft

Jan 2022

2,150 sqft

RM 695,000

LORONG RAINTREE PARK 9

2,164 sqft · RM 321 PSF

Aug 2022

RM 674,000

LORONG RAINTREE 8

2,164 sqft · RM 312 PSF

May 2022

RM 635,000

RAINTREE PARK II

2,174 sqft · RM 292 PSF

Jan 2022

LORONG RAINTREE PARK 9	RM 695,000	RM 321	2,164 sqft	Aug 2022	Double Storey Semi-D
LORONG RAINTREE 8	RM 674,000	RM 312	2,164 sqft	May 2022	Double Storey Semi-D
RAINTREE PARK II	RM 635,000	RM 292	2,174 sqft	Jan 2022	Double Storey Terraced