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Taman Molek
Taman Molek, 13000 Butterworth, Penang
Terrace
Semi Detached
Shop
Office
Details:
Property Details
From RM420,000
From RM1,000
Built Up
From 1,300 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
NIL
Total Storeys
4
Total Units
NIL
Parking
Min. 1
Description
Taman Molek is a mixed development of commercial and residential properties located in Butterworth, Penang. The neighbourhood has been around for quite a number of years, with most of the homes retaining their original facade. However, there are several which have undergone extensive renovation. As such, the neighbourhood may appear messy.
There are terrace homes and semi-detached units within Taman Molek, all double-storey in height. The commercial phases of the neighbourhood also seem to have been established around the same time, with variants of 2-storey, 3-storey and 4-storey shop offices. A majority of the ground floor lots are taken up by automotive repairs, tyres, and accessories shops while there are a few other amenities like eateries and hair salons.
More amenities can found on Jalan Bagan Ajam, the main road on the peripheries of Taman Molek. Along the road, commercial shop lots house convenience stores, banks, pharmacies, launderettes, eateries, a post office and more.
The nearest school within proximity to Taman Molek is SK Bagan Jermal on the opposite side of the road. More choices will require a few minutes’ drive, such as SJK (C) Kwang Hwa Butterworth, SMJK Chung Ling Butterworth, SMK Bagan Jaya, SJK Mak Mandin, and SMK Kampong Kastam among others.
Jalan Bagan Ajam connects Taman Molek to the Butterworth town centre, just a little over 5 minutes away. Continuing down south, the road becomes Jalan Kampung Gajah until the Jalan Heng Choon Thian intersection, where it is then known as Jalan Bagan Luar before merging with the Butterworth Outer Ring Road (BORR). With that, Taman Molek is about 20 minutes from the town of Seberang Perai, as well as access to the North-South Expressway (NSE) and the first Penang bridge.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Taman Molek | 0 | From RM420,000 | From RM1,000 | NIL | NIL |
| Orange 3 | 2016 |
RM435,000
-
RM485,000
RM 326 psf - RM 363 psf |
RM1,200 - RM1,200 | NIL | 3.72 % |
| Mandarin Quarter | Mar 2012 | From RM680,000 | NIL | NIL | NIL |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 495,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 280 psf
Non Landed Properties
RM 26,353 psf
Landed Properties
RM 270 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 42,000 |
| Loan Amount ( 90 %) | RM 378,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(1,300 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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