Taman Molek
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
Property Type
| LIST.MY · Taman Molek | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Jalan Molek
|
RM1,220,000
|
RM289
|
4,225 sqft
|
|
Bungalow |
|
Jalan Molek
|
RM765,000
|
RM308
|
2,486 sqft
|
|
Semi-D |
|
Jalan Bagan Ajam
|
RM990,000
|
RM377
|
2,626 sqft
|
|
2-Sty Shop |
|
Lorong Molek 1
|
RM650,000
|
RM232
|
2,798 sqft
|
|
Semi-D |
Selling in Taman Molek? Homes here sold for a median of RM877,500.
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Taman Molek
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 Butterworth
Market Snapshot
RM765,000
RM289 psfMedian transaction price
RM990,000
RM377 psfMedian transaction price
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Taman Molek, Butterworth, Pulau Pinang, Malaysia
MapsTaman 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.