Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
3,050 sqft
Semi-D
RM680,000
Lorong Laksamana 3
3,040 sqft · RM224 PSF
3,200 sqft
Semi-D
RM800,000
Tkt Laksamana 2
3,199 sqft · RM250 PSF
3,550 sqft
Semi-D
RM600,000
Jalan Laksamana
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 3 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM680K and a median price per square foot (PSF) of RM224.

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 RM680K, with most transactions falling within a stable range of RM600K to RM762K, and a typical market range of RM633K to RM727K.

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

The median PSF stands at RM224, with core pricing between RM190 and RM258. Market pricing typically extends from RM208.07 to RM239.32, reflecting moderate variation in unit pricing. The spread of RM31.25 (IQR) and deviation of RM34 (MAD) suggest moderate price variations reflecting different property features.

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.