TAMAN MOLEK in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 878K and a median price per square foot (PSF) of RM 299.
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 878K, with most transactions falling within a stable range of RM 765K to RM 1.06 million, and a typical market range of RM 791K to RM 964K.
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 RM 299, though individual units vary from RM 107 to RM 490 in the core range. The broader market spans RM 277.38 to RM 319.63, indicating diverse property characteristics. A wider spread (IQR: RM 42.25) and deviation (MAD: RM 192) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
