Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

9 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
3,050 sqft
Semi-D
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
3,150 sqft
Semi-D
RM720,000
Tkt Laksamana 2
3,154 sqft · RM228 PSF
3,200 sqft
Semi-D
RM618,000
Tingkat Laksamana 2
3,199 sqft · RM193 PSF
RM624,000
Tingkat Laksamana 2
3,199 sqft · RM195 PSF
3,300 sqft
Semi-D
RM817,000
Jalan Teluk Air Tawar
3,315 sqft · RM246 PSF
RM700,000
Jalan Teluk Air Tawar
3,315 sqft · RM211 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM624,000

RM201 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 9 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM624K 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 RM624K, with most transactions falling within a stable range of RM578K to RM695K, and a typical market range of RM578K to RM671K.

Within the Single Storey Semi-D category, 1 - 1 1/2 storey semi-detached dominated the market, though some variety exists in the market.

For price per square foot, the median is RM201, with most transactions between RM183 and RM219. 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 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.