Taman Teluk Molek
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Laksamana 3
|
RM 680,000
|
RM 224
|
3,040 sqft
|
|
|
Tkt Laksamana 2
|
RM 800,000
|
RM 250
|
3,199 sqft
|
|
|
Jalan Laksamana
|
RM 600,000
|
RM 169
|
3,554 sqft
|
|
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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 3 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 680K and a median price per square foot (PSF) of RM 224.
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 680K, with most transactions falling within a stable range of RM 600K to RM 762K, and a typical market range of RM 633K to RM 727K.
Within the Double Storey Semi-D category, 1 - 1 1/2 storey semi-detached dominated the market, though some variety exists in the market.
The median PSF stands at RM 224, with core pricing between RM 190 and RM 258. Market pricing typically extends from RM 208.07 to RM 239.32, reflecting moderate variation in unit pricing. The spread of RM 31.25 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.
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.