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 |
|---|
|
Level 1
|
RM 370,000
|
RM 240
|
1,542 sqft
|
|
|
|
Level 1
|
RM 450,000
|
RM 292
|
1,542 sqft
|
|
|
|
Level 1
|
RM 396,000
|
RM 257
|
1,542 sqft
|
|
|
Level 1
|
RM 450,000
|
RM 276
|
1,629 sqft
|
|
|
|
Level G
|
RM 539,000
|
RM 331
|
1,629 sqft
|
|
|
|
Level 1
|
RM 539,000
|
RM 331
|
1,629 sqft
|
|
|
|
Level 1
|
RM 523,000
|
RM 321
|
1,629 sqft
|
|
|
|
Level 1
|
RM 500,000
|
RM 307
|
1,629 sqft
|
|
|
|
Level 1
|
RM 420,000
|
RM 258
|
1,629 sqft
|
|
|
|
Level 1
|
RM 439,000
|
RM 269
|
1,629 sqft
|
|
|
|
Level 1
|
RM 495,000
|
RM 304
|
1,629 sqft
|
|
|
Level 1
|
RM 400,000
|
RM 212
|
1,884 sqft
|
|
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Market Snapshot
ResidentialRM 450,000
RM 284 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 12 Town House properties subsale transactions between 2021 and 2026, with a median price of RM 450K and a median price per square foot (PSF) of RM 284.
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 450K, with most transactions falling within a stable range of RM 394K to RM 506K, and a typical market range of RM 374K to RM 526K.
Within the Town House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 284, with core pricing between RM 248 and RM 320. Market pricing typically extends from RM 233.00 to RM 335.00, reflecting moderate variation in unit pricing. With an IQR of RM 102.00 and MAD of RM 36, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.