Taman Molek

Butterworth, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM1,220,000
Jalan Molek
4,225 sqft RM289 PSF
RM765,000
Jalan Molek
2,486 sqft RM308 PSF
RM990,000
Jalan Bagan Ajam
2,626 sqft RM377 PSF
RM650,000
Lorong Molek 1
2,798 sqft RM232 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Molek? Homes here sold for a median of RM877,500.

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Market Snapshot

RM765,000

RM289 psf

Median transaction price

RM990,000

RM377 psf

Median transaction price

Average

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Taman Molek
© OpenStreetMap · CARTO

Taman Molek, Butterworth, Pulau Pinang, Malaysia

Maps

Taman Molek in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM878K and a median price per square foot (PSF) of RM298.

This area contains both residential and commercial properties. View 5 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM878K, with most transactions falling within a stable range of RM659K to RM1.10 million, and a typical market range of RM791K to RM964K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM298, with core pricing between RM247 and RM350. Market pricing typically extends from RM277.10 to RM319.35, reflecting moderate variation in unit pricing. The spread of RM42.25 (IQR) and deviation of RM52 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.