TAMAN MOLEK

Area Intelligence
1 subsale transactions
2022
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Median Price
RM 850,000
PSF: RM 343

Residential PSF Trends

Median Price

RM 850,000

PSF: RM 343

Commercial PSF Trends

Median Price

RM 990,000

RM 705 PSF

TAMAN MOLEK in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 343.

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.

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 343, with most transactions between RM 343 and RM 343. The usual range is RM 321.88 to RM 364.13, 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 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. 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

1 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
2,500 sqft
Double Storey Semi-D
RM 850,000
JALAN MOLEK
2,479 sqft · RM 343.00 PSF
Apr 2022