TAMAN TELUK MOLEK

Area Intelligence
2024
Median Price
RM 758,500
PSF: RM 229

Residential PSF Trends

Median Price

RM 758,500

PSF: RM 229

TAMAN TELUK MOLEK in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 759K and a median price per square foot (PSF) of RM 229.

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 759K, with most transactions falling within a stable range of RM 700K to RM 817K, and a typical market range of RM 712K to RM 805K.

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 229, with most transactions between RM 211 and RM 246. The usual range is RM 212.88 to RM 244.13, 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 18 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.

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TAMAN TELUK MOLEK, Seberang Perai Utara, Penang

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Transactions

2 transactions found

RM 817,000
JALAN TELUK AIR TAWAR
3,315 sqft RM 246.00 PSF
RM 700,000
JALAN TELUK AIR TAWAR
3,315 sqft RM 211.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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