TAMAN MOLEK

Area Intelligence
6 subsale transactions
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Median Price
RM 857,500
PSF: RM 312

Residential PSF Trends

Median Price

RM 850,000

PSF: RM 308

Commercial PSF Trends

Median Price

RM 990,000

RM 705 PSF

TAMAN MOLEK in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 858K and a median price per square foot (PSF) of RM 312.

This area contains both residential and commercial properties. View 5 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 RM 858K, with most transactions falling within a stable range of RM 745K to RM 970K, and a typical market range of RM 771K to RM 944K.

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

For price per square foot, the median is RM 312, with most transactions between RM 285 and RM 339. The usual range is RM 290.38 to RM 332.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 42.25 and an average deviation (MAD) of RM 27 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MOLEK, Seberang Perai Utara, Penang

OSM

Transactions

6 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 990,000
JALAN BAGAN AJAM
1,405 sqft · RM 705.00 PSF
Aug 2023
2,500 sqft
Double Storey Semi-D
RM 765,000
JALAN MOLEK
2,486 sqft · RM 308.00 PSF
Aug 2023
RM 850,000
JALAN MOLEK
2,479 sqft · RM 343.00 PSF
Apr 2022
2,750 sqft
Double Storey Semi-D
RM 865,000
JALAN BAGAN AJAM
2,749 sqft · RM 315.00 PSF
Oct 2024
2,800 sqft
Double Storey Semi-D
RM 650,000
LORONG MOLEK 1
2,798 sqft · RM 232.00 PSF
Mar 2023
4,200 sqft
Bungalow
RM 1,220,000
JALAN MOLEK
4,225 sqft · RM 289.00 PSF
Dec 2023