LIST

Penang, Seberang Perai Utara, Butterworth

TAMAN MOLEK

Area Intelligence
2023
Median Price
RM 765,000
PSF: RM 308
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Residential PSF Trends

Median Price

RM 707,500

PSF: RM 270

Commercial PSF Trends

Median Price

RM 990,000

RM 705 PSF

TAMAN MOLEK in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 765K and a median price per square foot (PSF) of RM 308.

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 765K, with most transactions falling within a stable range of RM 650K to RM 906K, and a typical market range of RM 679K to RM 851K.

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 308, though individual units vary from RM 101 to RM 515 in the core range. The broader market spans RM 286.88 to RM 329.13, indicating diverse property characteristics. A wider spread (IQR: RM 42.25) and deviation (MAD: RM 207) 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.

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TAMAN MOLEK, Seberang Perai Utara, Penang

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,400 sqft
Double Storey Shop
RM 990,000
JALAN BAGAN AJAM
1,405 sqft · RM 705 PSF
2,500 sqft
Double Storey Semi-D
RM 765,000
JALAN MOLEK
2,486 sqft · RM 308 PSF
2,800 sqft
Double Storey Semi-D
RM 650,000
LORONG MOLEK 1
2,798 sqft · RM 232 PSF

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There are currently no properties listed for sale in this area.

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