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Penang, Seberang Perai Selatan, 15

RAINTREE PARK2

Area Intelligence
2024
Median Price
RM 531,000
PSF: RM 328
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Residential PSF Trends

Median Price

RM 531,000

PSF: RM 328

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 531K and a median price per square foot (PSF) of RM 328.

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 531K, with most transactions falling within a stable range of RM 500K to RM 578K, and a typical market range of RM 500K to RM 606K.

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 328, with most transactions between RM 299 and RM 356. The usual range is RM 278.50 to RM 376.50, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 28, 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

OSM

Track location

Transactions

7 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Clear
1,300 sqft
Double Storey Terraced
RM 523,000
JALAN RAINTREE 7
1,324 sqft · RM 395 PSF
1,650 sqft
Town House
RM 539,000
Level G
1,629 sqft · RM 331 PSF
RM 539,000
Level 1
1,629 sqft · RM 331 PSF
RM 523,000
Level 1
1,629 sqft · RM 321 PSF
RM 500,000
Level 1
1,629 sqft · RM 307 PSF
1,800 sqft
Double Storey Terraced
RM 585,000
JALAN RAINTREE 6
1,808 sqft · RM 324 PSF
2,150 sqft
Double Storey Semi-D
RM 650,000
LORONG RAINTREE 9
2,153 sqft · RM 302 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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