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. The median price is RM 612K, with most transactions falling within a stable range of RM 578K to RM 652K, and a typical market range of RM 578K to RM 659K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 201, with core pricing between RM 181 and RM 221. Market pricing typically extends from RM 185.38 to RM 216.63, reflecting moderate variation in unit pricing. With an IQR of RM 31.25 and MAD of RM 20, 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.

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TAMAN TELUK MOLEK, Seberang Perai Utara, Penang

OSM

Track location

Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

3,050 sqft

Single Storey Semi-D

3,050 sqft

Single Storey Semi-D

RM 612,000

TKT LAKSAMANA 4

3,040 sqft · RM 201 PSF

Sep 2022

RM 578,000

TKT LAKSAMANA 4

3,040 sqft · RM 190 PSF

Aug 2022

RM 685,000

LORONG LAKSAMANA 3

3,040 sqft · RM 225 PSF

Mar 2022

TKT LAKSAMANA 4	RM 612,000	RM 201	3,040 sqft	Sep 2022
TKT LAKSAMANA 4	RM 578,000	RM 190	3,040 sqft	Aug 2022
LORONG LAKSAMANA 3	RM 685,000	RM 225	3,040 sqft	Mar 2022