Raintree Park2
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Raintree 9
|
RM 650,000
|
RM 302
|
2,153 sqft
|
|
|
|
Lorong Raintree 10
|
RM 665,000
|
RM 307
|
2,164 sqft
|
|
|
|
Lorong Raintree Park 9
|
RM 695,000
|
RM 321
|
2,164 sqft
|
|
|
|
Lorong Raintree 8
|
RM 674,000
|
RM 312
|
2,164 sqft
|
|
|
Jalan Raintree 9
|
RM 750,000
|
RM 298
|
2,519 sqft
|
|
|
Lorong Raintree 8
|
RM 700,000
|
RM 248
|
2,820 sqft
|
|
|
|
Lorong Raintree 10
|
RM 680,000
|
RM 242
|
2,809 sqft
|
|
|
|
Lorong Raintree 7
|
RM 809,000
|
RM 287
|
2,820 sqft
|
|
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Market Snapshot
ResidentialRM 687,500
RM 300 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 8 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 688K and a median price per square foot (PSF) of RM 300.
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 688K, with most transactions falling within a stable range of RM 650K to RM 736K, and a typical market range of RM 650K to RM 764K.
Within the Double Storey Semi-D category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 300, with most transactions between RM 272 and RM 327. The usual range is RM 248.85 to RM 350.85, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 27, 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.