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 |
|---|
|
Jalan Raintree 7
|
RM 523,000
|
RM 395
|
1,324 sqft
|
|
|
Jalan Raintree 7
|
RM 650,000
|
RM 403
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 490,000
|
RM 303
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 585,000
|
RM 362
|
1,615 sqft
|
|
|
|
Jalan Raintree 7
|
RM 530,000
|
RM 328
|
1,615 sqft
|
|
|
|
Jalan Raintree 5
|
RM 565,000
|
RM 350
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 575,000
|
RM 356
|
1,615 sqft
|
|
|
Jalan Raintree 6
|
RM 498,000
|
RM 286
|
1,744 sqft
|
|
|
Jalan Raintree 6
|
RM 500,000
|
RM 262
|
1,905 sqft
|
|
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Market Snapshot
ResidentialRM 565,000
RM 351 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 17 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 565K and a median price per square foot (PSF) of RM 351.
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 565K, with most transactions falling within a stable range of RM 500K to RM 630K, and a typical market range of RM 490K to RM 641K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 351, with core pricing between RM 304 and RM 397. Market pricing typically extends from RM 299.55 to RM 401.55, reflecting moderate variation in unit pricing. With an IQR of RM 102.00 and MAD of RM 47, 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.