23 Houses for Sale at Raintree Park 2
Raintree Park 2 is a freehold mixed development. The development is located at Pearl City, Bandar Tasek Mutiara in Seberang Perai Selatan (Mainland - South), Penang. This project was completed in the year 2018. Raintree Park 2 was developed by Plamington Sdn Bhd and has a total of 400 unit available for sale or for rent. Raintree Park 2 aims to give its residents an affordable living lifestyle in Malaysia. It is a well-established residence that is suitable for those looking to own a comfortable living space. It is conducive for singles, couples and families as it is well secured and has easy access to many amenities in the surrounding area. Amenities in the area include schools, supermarkets and leisure spots. The mixed development is priced at an affordable price so that residents who are looking for a living space in this area can also consider living here. Residents of Raintree Park 2 can access the amenities in the surrounding area with ease. The distance from Raintree Park 2 to Penang city center is a 15 to 20 minutes’ drive via Jalan Permatang Tinggi/Route 1. Other amenities that residents can access easily are schools, restaurants, clinics and supermarkets that are in the vicinity. The closest schools to development is SMK Bandar Tasek Mutiara, Bilik Mesyuarat SK Bandar Tasek Mutiara, Sekolah Kebangsaan Bandar Tasek Mutiara SKBTM, Choo Choo Train Kindergarten and Pacific Simpang Ampat Early Intervention & Learning Centre. There are clinics in the area that residents can go to in case of any emergencies. Residents can enjoy a variety of dishes at the restaurants located in the vicinity. Some of the restaurants are Warung Nass Tang Kona, Jasmine Kitchen, Restoran Jom Makan Pearl City, Iman Tomyam N Western Food and Tashmi Villas Restaurant. Residents can also go for walks at Mutiara Playground which is located nearby the development instead of staying cooped up in their residence the whole day. Raintree Park 2 has several units and they vary in size and layout. The units are also decently sized and are hence suitable for a moderately sized family. There is a total of 400 units. The units consist of 3 bedrooms 2 bathrooms and 4 bedrooms 3 bathrooms. Singles and couples are also welcomed to live here as it is family centered and will be well secured to make sure the safety of residents is well secured. The development is located in an area that has easy access to the surrounding areas. There are a variety of facilities that residents of Raintree Park 2 can make use of such as children’s playground, jogging track, 24 hours security, wading pool, gymnasium room, multi-purpose hall and swimming pool. Residents don’t have to worry about parking space as each unit comes with covered car park. Residents with children don’t have to worry about losing their children as the playground is located in the development. Residents can also take a dip in the pool to cool off during hot days. Raintree Park 2 is a beautiful mixed development that allows its residents to enjoy an affordable living with seclusion from the outside world. Just as there was a variety of unit size and layouts, a variety in pricing is available. The selling price ranges up to RM 590,000. There are other developments in the area that residents can check out if they would like to. The developments in the area mainly consist of service residences, apartments and condominiums. Residents can check out Vervea @Aspen Vision city, Juru Heights, Sensasi Residential Suites, Vertu Resort @ Aspen Vision City, Taman Tambun Indah and Royale Infinity.
DeveloperPalmington Sdn Bhd
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Recent search data shows the project remains relevant to active buyer seekers in the area, drawing on 30 days of PropertyGuru search activity. This development continues to draw buyer interest in the local market, maintaining its position within the current property browsing landscape.
Pricing by Unit Types:- 3-Bedroom Units:
- Avg Asking Price: RM 450K
- Avg PSF: RM 231 psf
- Available Units: 1
- 4-Bedroom Units:
- Avg Asking Price: RM 788K
- Avg PSF: RM 387 psf
- Available Units: 17
- 5+ Bedroom Units:
- Avg Asking Price: RM 730K
- Avg PSF: RM 386 psf
- Available Units: 1
- SMK BANDAR TASEK MUTIARA (546m, 6-7 mins) — A very short walk from home, making it incredibly convenient for secondary school students to get to class daily.
- SK BANDAR TASEK MUTIARA (768m, 9-10 mins) — Primary school children can enjoy a quick commute, saving parents time during the morning school run.
- XCL INTERNATIONAL SCHOOL (1558m, 18-19 mins) — Provides a nearby option for families looking for international-standard education within the immediate neighborhood.
- KLINIK KESIHATAN BANDAR TASEK MUTIARA (1516m, 18-19 mins) — Essential public healthcare services are available nearby for routine medical check-ups and family wellness.
- PEARL CITY MALL (1606m, 19-20 mins) — The main local hub for grocery shopping, retail needs, and weekend family outings.
- C-MART (1649m, 19-20 mins) — A handy alternative for household supplies and daily essentials located just a short drive away.
- KEDAI MAKANAN DAN MINUMAN DOUBLE SEVEN (1924m, 23-24 mins) — A local spot to enjoy familiar flavors and casual meals with friends or family.
- MASJID TASEK MUTIARA (1669m, 20-21 mins) — Provides a nearby place for prayer and community activities for Muslim residents.
Highly attractive for: Young Families, Budget-Conscious Buyers, First-Time Homeowners
Raintree Park 2 exhibits a significant shift in price positioning alongside limited transaction volume in the current market cycle.
- PSF Appreciation: RM376.133 → RM196.391 over recent years (-47.79%) from 2023 - 2026
- Transactions: 2 sale transactions in the last 12 months, showing modest sale activity.
- PG Pulse Insight: The project has seen a downward PSF trend of -47.79% with modest sale activity, suggesting a period of price recalibration.
Published date: June 17, 2026








