Taman Molek
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Molek
|
RM765,000
|
RM308
|
2,486 sqft
|
|
|
|
Jalan Molek
|
RM850,000
|
RM343
|
2,479 sqft
|
|
|
Jalan Bagan Ajam
|
RM990,000
|
RM377
|
2,626 sqft
|
|
|
Jalan Bagan Ajam
|
RM865,000
|
RM315
|
2,749 sqft
|
|
|
Lorong Molek 1
|
RM650,000
|
RM232
|
2,798 sqft
|
|
|
Jalan Molek
|
RM1,220,000
|
RM289
|
4,225 sqft
|
|
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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
RM850,000
RM308 psfMedian transaction price
RM990,000
RM705 psfMedian transaction price
Does TAMAN MOLEK rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Taman Molek, Butterworth, Pulau Pinang, Malaysia
MapsTaman Molek in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM858K and a median price per square foot (PSF) of RM315.
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 RM858K, with most transactions falling within a stable range of RM745K to RM970K, and a typical market range of RM771K to RM944K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM315, with most transactions between RM288 and RM342. The usual range is RM293.55 to RM335.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM42.25 and an average deviation (MAD) of RM27 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.