RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 384.
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 550K, with most transactions falling within a stable range of RM 476K to RM 624K, and a typical market range of RM 475K to RM 625K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 384, with core pricing between RM 330 and RM 438. Market pricing typically extends from RM 334.50 to RM 432.50, reflecting moderate variation in unit pricing. With an IQR of RM 98.00 and MAD of RM 54, 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.
