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 6
|
RM 540,000
|
RM 334
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 598,000
|
RM 370
|
1,615 sqft
|
|
|
Jalan Raintree 9
|
RM 750,000
|
RM 298
|
2,519 sqft
|
|
|
Lorong Raintree 7
|
RM 809,000
|
RM 287
|
2,820 sqft
|
|
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Market Snapshot
ResidentialRM 674,000
RM 316 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree 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.