Taman Teluk Molek

13050 Butterworth, Pulau Pinang, Malaysia

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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 0 subsale transactions in 2026, with a median price of RM652K and a median price per square foot (PSF) of RM206.

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 RM652K, with most transactions falling within a stable range of RM607K to RM697K, and a typical market range of RM605K to RM699K.

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 RM206, with most transactions between RM189 and RM223. The usual range is RM190.38 to RM221.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM31.25 and an average deviation (MAD) of RM17 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.