Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by size · Semi-D →

Period
transactions middle 50% (P25–P75)
RM610,000
Tkt Laksamana 2
3,040 sqft · RM201 PSF
RM612,000
Tkt Laksamana 4
3,040 sqft · RM201 PSF
RM578,000
Tkt Laksamana 4
3,040 sqft · RM190 PSF
RM685,000
Lorong Laksamana 3
3,040 sqft · RM225 PSF
RM680,000
Lorong Laksamana 3
3,040 sqft · RM224 PSF
3,150 sqft
Semi-D
RM720,000
Tkt Laksamana 2
3,154 sqft · RM228 PSF
RM618,000
Tingkat Laksamana 2
3,199 sqft · RM193 PSF
RM624,000
Tingkat Laksamana 2
3,199 sqft · RM195 PSF
RM800,000
Tkt Laksamana 2
3,199 sqft · RM250 PSF
3,300 sqft
Semi-D
RM817,000
Jalan Teluk Air Tawar
3,315 sqft · RM246 PSF
RM700,000
Jalan Teluk Air Tawar
3,315 sqft · RM211 PSF
3,550 sqft
Semi-D
RM600,000
Jalan Laksamana
3,554 sqft · RM169 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM680,000

RM224 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 RM652K and a median price per square foot (PSF) of RM211.

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 RM652K, with most transactions falling within a stable range of RM607K to RM697K, and a typical market range of RM605K to RM699K.

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 RM211, with most transactions between RM194 and RM228. The usual range is RM195.55 to RM226.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM31.25 and an average deviation (MAD) of RM17 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.