Taman Molek
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bandar Butterworth
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Market Snapshot
RM800,000
RM289 psfMedian transaction price
RM2,800,000
RM532 psfMedian transaction price
Does TAMAN MOLEK rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Taman Molek, Butterworth, Pulau Pinang, Malaysia
MapsTaman Molek in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 2,725 and 2,774 sqft, with a median price of RM800K 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.
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 RM289, with most transactions between RM289 and RM289. The usual range is RM228.25 to RM349.75, showing that most units are priced quite close to each other. With an IQR of RM121.50 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
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.