Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size · Semi-D →

RM 610,000
Tkt Laksamana 2
3,040 sqft · RM 201 PSF
RM 612,000
Tkt Laksamana 4
3,040 sqft · RM 201 PSF
RM 578,000
Tkt Laksamana 4
3,040 sqft · RM 190 PSF
RM 685,000
Lorong Laksamana 3
3,040 sqft · RM 225 PSF
RM 680,000
Lorong Laksamana 3
3,040 sqft · RM 224 PSF
3,150 sqft
Semi-D
RM 720,000
Tkt Laksamana 2
3,154 sqft · RM 228 PSF
RM 618,000
Tingkat Laksamana 2
3,199 sqft · RM 193 PSF
RM 624,000
Tingkat Laksamana 2
3,199 sqft · RM 195 PSF
RM 800,000
Tkt Laksamana 2
3,199 sqft · RM 250 PSF
3,300 sqft
Semi-D
RM 817,000
Jalan Teluk Air Tawar
3,315 sqft · RM 246 PSF
RM 700,000
Jalan Teluk Air Tawar
3,315 sqft · RM 211 PSF
3,550 sqft
Semi-D
RM 600,000
Jalan Laksamana
3,554 sqft · RM 169 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 680,000

RM 224 psf

Median transaction price

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Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Teluk Molek in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 652K and a median price per square foot (PSF) of RM 211.

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 652K, with most transactions falling within a stable range of RM 607K to RM 697K, and a typical market range of RM 605K to RM 699K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 211, with most transactions between RM 194 and RM 228. The usual range is RM 195.55 to RM 226.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.25 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.