Raintree Garden

Semi-Detached
Cangkat Kenari 3, 11900 Sungai Ara, Penang
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IOI Properties Group Berhad
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Developer of Raintree Garden, IOI Properties Group Berhad

Raintree Garden is quiet residential neighbourhood in Sungai Ara, Penang. Established some time in 2008, the development consists of pleasant and spacious semi-detached homes, built over freehold land in a slightly hilly terrain.

There are 2 variants of semi-detached homes at Raintree Garden, namely Type A and Type B. Both are 2-storey homes with built-up spaces of 3,300 sf, but differ in terms of layout design. Type A has 5 bedrooms and 4 bathrooms while Type B offers 6 bedrooms and 5 bathrooms. Needless to say, the homes are ample to fit a family of any size. They also have wide porches, giving them a welcoming appearance and also make them seem larger than they are.

Upon the launch of Raintree Garden, the homes were priced at RM700,000. Within a short span of a few years, their value has increased tremendously, with subsale prices, as of 2016, starting from RM2.98 million. Most of the homes are also occupied, with few to none being available for rent.

Given its location quite uphill, Raintree Garden will require a short drive down to the town area where there are amenities like eateries, convenience stores, clinics and more housed in the commercial hubs around. More amenities are within quick reach in the town of Bayan Baru nearby, about a 15 minute’s drive and even a Giant hypermarket. Queensbay Mall is an additional 5 minutes from there, along with the Bayan Bay commercial hub.

Schools in the vicinities of Raintree Garden are also few, with most being about or less than 10 minutes’ drive away. These include SK Seri Relau, the Chung Hwa Chinese Secondary School, the Straits International School, SK Bayan Lepas, SJK (C) Chung Shan, and SJK (C) Heng Ee (branch) among others.

Accessibility wise, Raintree Garden is quite some distance from major roads like Jalan Dato Ismail Hashim and Jalan Tun Dr. Awang, which are the main routes leading to the towns of Bayan Baru and Bayan Lepas. As such, this may be good in the sense that traffic is not too busy around the neighbourhood while on another note, most amenities are located along these main roads.

Other prominent access ways which are not too far from Raintree Garden include Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway which lead to Bayan Lepas, Bayan Baru and even Georgetown (approximately 40 minutes away), as well as Jalan Permatang Damar Laut which links to Batu Maung and the second Penang bridge.

NIL
Security
Yes
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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2008
(Year of Completion)
This project was completed 11 years ago
  • From RM 700,000
  • From RM 2,980,000
  • NIL
  • NIL
Built Up
3,300 sq ft - 3,800 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storey
2
Total Units
NIL
Parking
Min. 2

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Raintree Garden 2008 From RM 700,000 RM 957,000 - RM 957,000
RM 341 psf - RM 341 psf
Stramax Residences 2018 RM 1,388,800 - RM 1,839,800 NIL
1 For Sale in Raintree Garden

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Raintree Garden 2008 RM 957,000 - RM 957,000
RM 341 psf - RM 341 psf
NIL NIL NIL
Cypress Villa Nov 2015 RM 956,593 - RM 956,593
RM 270 psf - RM 270 psf
NIL NIL NIL
Taman Sungai Ara 2015 RM 1,100,000 - RM 1,100,000
RM 314 psf - RM 314 psf
NIL NIL NIL
Regency Heights Mar 2007 RM 548,000 - RM 680,000
RM 435 psf - RM 523 psf
RM 1,000 - RM 1,000 NIL 2.54 %
Sunrise Garden 2005 RM 440,000 - RM 580,000
RM 400 psf - RM 528 psf
RM 1,200 - RM 1,200 NIL 2.75 %
Vistaria Condominium 2004 RM 410,000 - RM 530,000
RM 390 psf - RM 520 psf
RM 1,000 - RM 1,000 NIL 2.66 %
Pearl Garden 1998 RM 420,000 - RM 700,000
RM 281 psf - RM 433 psf
RM 1,200 - RM 1,200 NIL 2.38 %
1 For Sale in Raintree Garden 1 For Sale in Cypress Villa 1 For Sale in Taman Sungai Ara 7 For Sale in Regency Heights 20 For Rent in Regency Heights 7 For Sale in Sunrise Garden 5 For Rent in Sunrise Garden

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 sq ft - - -
500 - 1,000 sq ft - - -
1,000 - 1,500 sq ft RM 481 psf - -
1,500 - 2,500 sq ft - RM 972 psf -
2,500 - 4,000 sq ft - - -
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 442 psf
Non Landed Properties
RM 536 psf
Landed Properties
RM 329 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 70,000
    Loan Amount ( 90 %) RM 630,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (3,300 sq ft)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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    Cleanliness
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