Penang
Seberang Perai Selatan
15
RAINTREE PARK2

RAINTREE PARK2

Area Intelligence

2024

Median Price

RM 650,000

PSF: RM 302

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Residential PSF Trends

Median Price

RM 650,000

PSF: RM 302

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM 650K 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.

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 302 and RM 302. 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 0, 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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