Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

5 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM610,000
Tkt Laksamana 2
3,040 sqft RM201 PSF
RM612,000
Tkt Laksamana 4
3,040 sqft RM201 PSF
RM578,000
Tkt Laksamana 4
3,040 sqft RM190 PSF
RM685,000
Lorong Laksamana 3
3,040 sqft RM225 PSF
RM680,000
Lorong Laksamana 3
3,040 sqft RM224 PSF
Legend Recent Highest Price Highest PSF

Posts about Taman Teluk Molek

What’s happening in Taman Teluk Molek?

No posts about Taman Teluk Molek yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM612,000

RM201 psf

Median transaction price

Loading map...

Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Teluk Molek in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 3,025 and 3,074 sqft, with a median price of RM612K and a median price per square foot (PSF) of RM201.

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 RM612K, with most transactions falling within a stable range of RM578K to RM654K, and a typical market range of RM578K to RM659K.

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 RM201, with most transactions between RM187 and RM215. The usual range is RM185.70 to RM216.95, showing that most units are priced quite close to each other. A typical spread (IQR) of RM31.25 and an average deviation (MAD) of RM14 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.