Taman Teluk Molek
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Tingkat Laksamana 2
|
RM 618,000
|
RM 193
|
3,199 sqft
|
|
Semi-D |
| 2023 | |||||
|
Tingkat Laksamana 2
|
RM 624,000
|
RM 195
|
3,199 sqft
|
|
Semi-D |
| 2022 | |||||
|
Tkt Laksamana 2
|
RM 800,000
|
RM 250
|
3,199 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 624,000
RM 195 psfMedian transaction price
Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Teluk Molek in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM 624K and a median price per square foot (PSF) of RM 195.
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 624K, with most transactions falling within a stable range of RM 618K to RM 708K, and a typical market range of RM 618K to RM 671K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 195, with core pricing between RM 169 and RM 221. Market pricing typically extends from RM 179.45 to RM 210.70, reflecting moderate variation in unit pricing. With an IQR of RM 31.25 and MAD of RM 26, 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.