Raintree Park2

Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 674,000
PSF
RM 316
Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM 540,000
Jalan Raintree 6
1,615 sqft · RM 334 PSF
RM 598,000
Jalan Raintree 6
1,615 sqft · RM 370 PSF
2,500 sqft
Semi-D
RM 750,000
Jalan Raintree 9
2,519 sqft · RM 298 PSF
2,800 sqft
Semi-D
RM 809,000
Lorong Raintree 7
2,820 sqft · RM 287 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 674,000

RM 316 psf

Median transaction price

Raintree Park2
© OpenStreetMap · CARTO

Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Raintree Park2 in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2021, with a median price of RM 674K and a median price per square foot (PSF) of RM 316.

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 674K, with most transactions falling within a stable range of RM 565K to RM 783K, and a typical market range of RM 598K to RM 750K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 316, with core pricing between RM 283 and RM 349. Market pricing typically extends from RM 265.11 to RM 367.11, reflecting moderate variation in unit pricing. With an IQR of RM 102.00 and MAD of RM 33, 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.