Penang
Seberang Perai Utara
7
TAMAN TELUK MOLEK

TAMAN TELUK MOLEK

Area Intelligence

2022

Median Price

RM 612,000

PSF: RM 201

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Residential PSF Trends

Median Price

RM 612,000

PSF: RM 201

TAMAN TELUK MOLEK in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 612K and a median price per square foot (PSF) of RM 201.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 201, with most transactions between RM 201 and RM 201. The usual range is RM 185.38 to RM 216.63, 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 0 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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