RAINTREE PARK2

Area Intelligence
2021
Median Price
RM 750,000
PSF: RM 287

Residential PSF Trends

Median Price

RM 750,000

PSF: RM 287

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 750K and a median price per square foot (PSF) of RM 287.

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 750K, with most transactions falling within a stable range of RM 661K to RM 809K, and a typical market range of RM 675K to RM 809K.

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 287, with most transactions between RM 272 and RM 302. The usual range is RM 238.00 to RM 336.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 15, 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

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Transactions

3 transactions grouped by size

2,300 sqft
Double Storey Terraced
RM 598,000
JALAN RAINTREE 6
2,282 sqft · RM 262 PSF
2,500 sqft
Double Storey Semi-D
RM 750,000
JALAN RAINTREE 9
2,519 sqft · RM 298 PSF
2,800 sqft
Double Storey Semi-D
RM 809,000
LORONG RAINTREE 7
2,820 sqft · RM 287 PSF

No Properties For Sale

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

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