RAINTREE PARK2

RAINTREE PARK2 in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 531K and a median price per square foot (PSF) of RM 328.

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 531K, with most transactions falling within a stable range of RM 490K to RM 579K, and a typical market range of RM 490K to RM 606K.

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 328, with most transactions between RM 298 and RM 357. The usual range is RM 279.00 to RM 376.00, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 30, 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.