Taman Teluk Molek in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 3,275 and 3,324 sqft, with a median price of RM759K and a median price per square foot (PSF) of RM229.

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 RM759K, with most transactions falling within a stable range of RM700K to RM817K, and a typical market range of RM712K to RM805K.

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 RM229, with most transactions between RM211 and RM246. The usual range is RM213.20 to RM244.45, showing that most units are priced quite close to each other. A typical spread (IQR) of RM31.25 and an average deviation (MAD) of RM18 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.