Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM618,000
Tingkat Laksamana 2
3,199 sqft RM193 PSF
RM624,000
Tingkat Laksamana 2
3,199 sqft RM195 PSF
RM800,000
Tkt Laksamana 2
3,199 sqft RM250 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM624,000

RM195 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 3 subsale transactions between 2021 and 2026, sized between 3,175 and 3,224 sqft, with a median price of RM624K and a median price per square foot (PSF) of RM195.

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 RM624K, with most transactions falling within a stable range of RM618K to RM708K, and a typical market range of RM618K to RM671K.

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

The median PSF stands at RM195, with core pricing between RM169 and RM221. Market pricing typically extends from RM179.45 to RM210.70, reflecting moderate variation in unit pricing. With an IQR of RM31.25 and MAD of RM26, the PSF demonstrates reasonable consistency across the market.

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.