Taman Teluk Molek
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 610,000
|
RM 201
|
3,040 sqft
|
|
Semi-D |
|
RM 720,000
|
RM 228
|
3,154 sqft
|
|
Semi-D |
|
RM 800,000
|
RM 250
|
3,199 sqft
|
|
Semi-D |
|
RM 618,000
|
RM 193
|
3,199 sqft
|
|
|
|
RM 624,000
|
RM 195
|
3,199 sqft
|
|
|
RM 817,000
|
RM 246
|
3,315 sqft
|
|
|
|
RM 700,000
|
RM 211
|
3,315 sqft
|
|
|
RM 612,000
|
RM 201
|
3,040 sqft
|
|
|
|
RM 578,000
|
RM 190
|
3,040 sqft
|
|
|
RM 685,000
|
RM 225
|
3,040 sqft
|
|
Semi-D |
|
RM 680,000
|
RM 224
|
3,040 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 680,000
RM 224 psfMedian transaction price
Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman 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.