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Penang, Seberang Perai Selatan, 15

RAINTREE PARK2

Area Intelligence
2023
Median Price
RM 530,000
PSF: RM 376
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Residential PSF Trends

Median Price

RM 530,000

PSF: RM 376

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 376.

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 457K to RM 603K, 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.

The median PSF stands at RM 376, with core pricing between RM 314 and RM 438. Market pricing typically extends from RM 327.00 to RM 425.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 62 (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

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 498,000
JALAN RAINTREE 6
1,324 sqft · RM 376 PSF
RM 530,000
JALAN RAINTREE 7
1,324 sqft · RM 400 PSF
RM 565,000
JALAN RAINTREE 5
1,324 sqft · RM 427 PSF
RM 575,000
JALAN RAINTREE 6
1,324 sqft · RM 434 PSF
1,550 sqft
Town House
RM 450,000
Level 1
1,542 sqft · RM 292 PSF
1,650 sqft
Town House
RM 420,000
Level 1
1,629 sqft · RM 258 PSF
1,800 sqft
Double Storey Terraced
RM 650,000
JALAN RAINTREE 7
1,819 sqft · RM 357 PSF

No Properties For Sale

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

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