Raintree Park2

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

Property Transactions

12 subsales grouped by size

Median
RM 530,000
PSF
RM 316
Price Size
Period
transactions middle 50% (P25–P75)
1,550 sqft
Townhouse
RM 396,000
Level 1
1,542 sqft · RM 257 PSF
1,600 sqft
2-Sty Terrace
RM 566,000
Jalan Raintree Park 6
1,615 sqft · RM 351 PSF
RM 530,000
Jalan Raintree 6
1,615 sqft · RM 328 PSF
RM 740,000
Jalan Raintree 7
1,615 sqft · RM 458 PSF
RM 530,000
Jalan Raintree Park 6
1,615 sqft · RM 328 PSF
RM 635,000
Raintree Park Ii
1,615 sqft · RM 393 PSF
1,650 sqft
Townhouse
RM 439,000
Level 1
1,629 sqft · RM 269 PSF
RM 495,000
Level 1
1,629 sqft · RM 304 PSF
RM 500,000
Jalan Raintree 6
1,905 sqft · RM 262 PSF
RM 400,000
Level 1
1,884 sqft · RM 212 PSF
2,150 sqft
Semi-D
RM 695,000
Lorong Raintree Park 9
2,164 sqft · RM 321 PSF
RM 674,000
Lorong Raintree 8
2,164 sqft · RM 312 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 530,000

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 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.