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 396,000
|
RM 257
|
1,542 sqft
|
|
|
Jalan Raintree Park 6
|
RM 566,000
|
RM 351
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 530,000
|
RM 328
|
1,615 sqft
|
|
|
|
Jalan Raintree 7
|
RM 740,000
|
RM 458
|
1,615 sqft
|
|
|
|
Jalan Raintree Park 6
|
RM 530,000
|
RM 328
|
1,615 sqft
|
|
|
|
Raintree Park Ii
|
RM 635,000
|
RM 393
|
1,615 sqft
|
|
|
Level 1
|
RM 439,000
|
RM 269
|
1,629 sqft
|
|
|
|
Level 1
|
RM 495,000
|
RM 304
|
1,629 sqft
|
|
|
Jalan Raintree 6
|
RM 500,000
|
RM 262
|
1,905 sqft
|
|
2-Sty Terrace |
|
-
|
RM 400,000
|
RM 212
|
1,884 sqft
|
|
Townhouse |
|
Lorong Raintree Park 9
|
RM 695,000
|
RM 321
|
2,164 sqft
|
|
|
|
Lorong Raintree 8
|
RM 674,000
|
RM 312
|
2,164 sqft
|
|
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Market Snapshot
ResidentialRM 530,000
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 12 subsale transactions in 2022, with a median price of RM 530K 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 530K, with most transactions falling within a stable range of RM 420K to RM 640K, and a typical market range of RM 454K to RM 606K.
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 254 and RM 379. Market pricing typically extends from RM 265.38 to RM 367.38, reflecting moderate variation in unit pricing. The spread of RM 102.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.
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.