Taman Teluk Molek
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tkt Laksamana 4
|
RM612,000
|
RM201
|
3,040 sqft
|
|
|
|
Tkt Laksamana 4
|
RM578,000
|
RM190
|
3,040 sqft
|
|
|
|
Lorong Laksamana 3
|
RM685,000
|
RM225
|
3,040 sqft
|
|
|
Tkt Laksamana 2
|
RM800,000
|
RM250
|
3,199 sqft
|
|
|
Jalan Laksamana
|
RM600,000
|
RM169
|
3,554 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 7
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Market Snapshot
ResidentialRM612,000
RM201 psfMedian transaction price
Taman Teluk Molek, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Teluk Molek in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, 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 RM693K, 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.
The median PSF stands at RM201, with core pricing between RM173 and RM229. Market pricing typically extends from RM185.70 to RM216.95, reflecting moderate variation in unit pricing. With an IQR of RM31.25 and MAD of RM28, 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.