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 650,000
|
RM 403
|
1,615 sqft
|
|
|
Level 1
|
RM 450,000
|
RM 276
|
1,629 sqft
|
|
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Market Snapshot
ResidentialRM 550,000
RM 339 psfMedian transaction price
Villa Raintree II, Jalan Raintree, Kampung Cempedak, 14120 Simpang Ampat, Pulau Pinang, Malaysia
MapsRaintree Park2 in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 339.
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 550K, with most transactions falling within a stable range of RM 450K to RM 650K, and a typical market range of RM 474K to RM 626K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 339, with core pricing between RM 276 and RM 403. Market pricing typically extends from RM 288.39 to RM 390.39, 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.