LIST

Penang, Seberang Perai Selatan, 15

RAINTREE PARK2

Area Intelligence
2022
Median Price
RM 497,500
PSF: RM 341
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Residential PSF Trends

Median Price

RM 497,500

PSF: RM 341

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2022, with a median price of RM 498K and a median price per square foot (PSF) of RM 341.

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 498K, with most transactions falling within a stable range of RM 438K to RM 557K, and a typical market range of RM 422K to RM 566K.

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 341, though individual units vary from RM 266 to RM 416 in the core range. The broader market spans RM 292.00 to RM 390.00, indicating diverse property characteristics. The spread of RM 98.00 (IQR) and deviation of RM 75 (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

Track location

Transactions

8 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 530,000
JALAN RAINTREE 6
1,324 sqft · RM 400 PSF
RM 530,000
JALAN RAINTREE PARK 6
1,324 sqft · RM 400 PSF
RM 500,000
JALAN RAINTREE 6
1,324 sqft · RM 378 PSF
1,350 sqft
Double Storey Terraced
RM 566,000
JALAN RAINTREE PARK 6
1,335 sqft · RM 424 PSF
1,550 sqft
Town House
RM 396,000
Level 1
1,542 sqft · RM 257 PSF
1,650 sqft
Town House
RM 439,000
Level 1
1,629 sqft · RM 269 PSF
RM 495,000
Level 1
1,629 sqft · RM 304 PSF
1,900 sqft
Town House
RM 400,000
Level 1
1,884 sqft · RM 212 PSF

No Properties For Sale

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

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