Taman Molek

Butterworth, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Period
transactions middle 50% (P25–P75)
2,750 sqft
Semi-D
RM800,000
Lorong. Molek 1
2,768 sqft · RM289 PSF
11,750 sqft
4-Sty Shop
RM2,800,000
Jalan Bagan Ajam
11,765 sqft · RM238 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM800,000

RM289 psf

Median transaction price

RM2,800,000

RM532 psf

Median transaction price

Average

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Taman Molek
© OpenStreetMap · CARTO

Taman Molek, Butterworth, Pulau Pinang, Malaysia

Maps

Taman Molek in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.80 million and a median price per square foot (PSF) of RM289.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.80 million, with most transactions falling within a stable range of RM800K to RM2.80 million, and a typical market range of RM1.30 million to RM2.30 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM289, though individual units vary from RM168 to RM411 in the core range. The broader market spans RM228.25 to RM349.75, indicating diverse property characteristics. A wider spread (IQR: RM121.50) and deviation (MAD: RM122) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.