Penang
Seberang Perai Selatan
15
RAINTREE PARK2

RAINTREE PARK2

Area Intelligence

2022

Median Price

RM 684,500

PSF: RM 302

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 684,500

PSF: RM 302

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 685K and a median price per square foot (PSF) of RM 302.

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 685K, with most transactions falling within a stable range of RM 647K to RM 722K, and a typical market range of RM 635K to RM 740K.

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 302, with most transactions between RM 277 and RM 327. The usual range is RM 253.00 to RM 351.00, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 25, 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.

Loading map...

RAINTREE PARK2, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

2,150 sqft

RM 695,000

LORONG RAINTREE PARK 9

2,164 sqft · RM 321 PSF

Aug 2022

RM 674,000

LORONG RAINTREE 8

2,164 sqft · RM 312 PSF

May 2022

RM 635,000

RAINTREE PARK II

2,174 sqft · RM 292 PSF

Jan 2022

LORONG RAINTREE PARK 9	RM 695,000	RM 321	2,164 sqft	Aug 2022	Double Storey Semi-D
LORONG RAINTREE 8	RM 674,000	RM 312	2,164 sqft	May 2022	Double Storey Semi-D
RAINTREE PARK II	RM 635,000	RM 292	2,174 sqft	Jan 2022	Double Storey Terraced