Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

12 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM610,000
3,040 sqft
RM201 PSF · Semi-D
RM720,000
3,154 sqft
RM228 PSF · Semi-D
RM800,000
3,199 sqft
RM250 PSF · Semi-D
RM618,000
3,199 sqft
RM193 PSF
RM624,000
3,199 sqft
RM195 PSF
RM817,000
3,315 sqft
RM246 PSF
RM700,000
3,315 sqft
RM211 PSF
RM612,000
3,040 sqft
RM201 PSF
RM578,000
3,040 sqft
RM190 PSF
RM685,000
3,040 sqft
RM225 PSF · Semi-D
RM680,000
3,040 sqft
RM224 PSF · Semi-D
RM600,000
3,554 sqft
RM169 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM680,000

RM224 psf

Median transaction price

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Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Teluk Molek in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM652K and a median price per square foot (PSF) of RM211.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM652K, with most transactions falling within a stable range of RM607K to RM697K, and a typical market range of RM605K to RM699K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM211, with most transactions between RM194 and RM228. The usual range is RM195.55 to RM226.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM31.25 and an average deviation (MAD) of RM17 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.