Molek Pine 2, Taman Molek, Johor Bahru

Molek Pine 2 (also known as Molek Pine Tower 2) is a freehold apartment located in Taman Molek, Johor Bahru.The built-up available at this project is 1,190 sf to 1,469 sf. It was developed by Kuok Group.

Kuok Group is a mid-scale property development group, and it has developed about 12 property projects in Malaysia. Other similar projects by the same developer are Molek Pine, Molek Pine 3, Molek Pine 4 and Molek Pine 5.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,190 sf - 1,469 sf
Market Price
RM450,000 - RM650,000
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

This apartment has many amenities nearby, i.e. schools, universities and hospitals. The following are some of the main schools here:

As for universities, there are Pktm Synergy College and Universiti Utara Malaysia.

The current rental yield of Molek Pine 2 is around 5.49%, compared to 5.18% a year ago in Q1 2019. The highest rental yield ever recorded was 7.83% in Q4 2011; while the lowest one was 3.71% in Q4 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Molek Pine 2 is 2-bedroom / 1,190 sf with a median price of RM380 psf. For price wise, the most expensive one is 3-bedroom / 1,469 sf with a median price of RM440 psf; while the cheapest one is 2-bedroom / 1,190 sf with a median price of RM380 psf.

Latest Molek Pine 2 for sale listings:

DateTypeBuilt-upPrice
23 Nov 2020Condominium2,347 sfRM990,000
17 Nov 2020Condominium4,650 sfRM1,780,000
15 Oct 2020Condominium1,200 sfRM470,000
13 Oct 2020Condominium1,469 sfRM630,000
30 Sep 2020Condominium1,463 sfRM500,000
24 Sep 2020Condominium1,190 sfRM448,000
24 Sep 2020Condominium1,190 sfRM448,000
24 Sep 2020Condominium1,469 sfRM460,000
17 Sep 2020Condominium1,469 sfRM460,000
17 Sep 2020Condominium1,190 sfRM390,000

Latest Molek Pine 2 for rent listings:

DateTypeBuilt-upRental
23 Nov 2020Condominium1,469 sfRM1,500
23 Nov 2020Condominium2,347 sfRM3,000
23 Oct 2020Condominium1,400 sfRM1,599
9 Oct 2020Condominium1,470 sfRM1,900
6 Oct 2020Condominium1,100 sfRM1,500
3 Oct 2020Condominium-NA-RM1,500
1 Oct 2020Low-Cost Flat2,347 sfRM3,000
26 Sep 2020Condominium1,469 sfRM3,800
24 Sep 2020Condominium1,100 sfRM1,500
22 Sep 2020Condominium1,473 sfRM1,850
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