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 7
|
RM 523,000
|
RM 395
|
1,324 sqft
|
|
|
Jalan Raintree 6
|
RM 490,000
|
RM 303
|
1,615 sqft
|
|
|
|
Jalan Raintree 6
|
RM 585,000
|
RM 362
|
1,615 sqft
|
|
|
Level G
|
RM 539,000
|
RM 331
|
1,629 sqft
|
|
|
|
Level 1
|
RM 539,000
|
RM 331
|
1,629 sqft
|
|
|
|
Level 1
|
RM 523,000
|
RM 321
|
1,629 sqft
|
|
|
|
Level 1
|
RM 500,000
|
RM 307
|
1,629 sqft
|
|
|
Lorong Raintree 9
|
RM 650,000
|
RM 302
|
2,153 sqft
|
|
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Market Snapshot
ResidentialRM 531,000
RM 326 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree 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 326.
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 607K.
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 326, with most transactions between RM 296 and RM 356. The usual range is RM 274.92 to RM 376.92, showing that most units are priced quite close to each other. With an IQR of RM 102.00 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.