Taman Teluk Molek
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tingkat Laksamana 2
|
RM 618,000
|
RM 193
|
3,199 sqft
|
|
|
|
Tingkat Laksamana 2
|
RM 624,000
|
RM 195
|
3,199 sqft
|
|
|
Jalan Teluk Air Tawar
|
RM 817,000
|
RM 246
|
3,315 sqft
|
|
|
|
Jalan Teluk Air Tawar
|
RM 700,000
|
RM 211
|
3,315 sqft
|
|
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Market Snapshot
ResidentialRM 662,000
RM 203 psfMedian transaction price
Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Teluk Molek in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 662K and a median price per square foot (PSF) of RM 203.
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 662K, with most transactions falling within a stable range of RM 618K to RM 742K, and a typical market range of RM 618K to RM 709K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 203, with core pricing between RM 182 and RM 225. Market pricing typically extends from RM 187.50 to RM 218.75, reflecting moderate variation in unit pricing. With an IQR of RM 31.25 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
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.