Area Intelligence

TMN MOLEK

4 properties
2023
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Median Price
RM 877,500
PSF: RM 299

Residential Market

Median Price

RM 765,000

IQR: RM 26
MAD: RM 19
RM 289 PSF 4.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 990,000

RM 705 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MOLEK in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 878K and a median price per square foot (PSF) of RM 299.

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 RM 878K, with most transactions falling within a stable range of RM 659K to RM 1.10 million, and a typical market range of RM 791K to RM 964K.

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

Price per square foot shows a median of RM 299, though individual units vary from RM 111 to RM 486 in the core range. The broader market spans RM 277.38 to RM 319.63, indicating diverse property characteristics. A wider spread (IQR: RM 42.25) and deviation (MAD: RM 188) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN MOLEK, Seberang Perai Utara, Penang

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Transactions

4 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 990,000
JLN BAGAN AJAM
1,405 sqft · RM 705.00 PSF
Aug 2023
2,500 sqft
1 units Double Storey Semi-D
RM 765,000
JALAN MOLEK
2,486 sqft · RM 308.00 PSF
Aug 2023
2,800 sqft
1 units Double Storey Semi-D
RM 650,000
LRG MOLEK 1
2,798 sqft · RM 232.00 PSF
Mar 2023
4,200 sqft
1 units Detached
RM 1,220,000
JALAN MOLEK
4,225 sqft · RM 289.00 PSF
Dec 2023