Molek Pine 3, Taman Molek, Johor Bahru

Molek Pine 3 is a freehold condominium that is located in Taman Molek, Johor Bahru. There are 248 units available at this condominium with built-up from 1,367 sf to 1,704 sf. It was developed by Kuok Group (aka Berinda Properties) with a launch price at about RM500 psf, and was completed around 2013.

Kuok Group (aka Berinda Properties) is a medium-scale property development group, and it has built about 17 property projects in Malaysia. Other similar projects by the same developer are Molek Pine, Molek Pine 2, Molek Pine 4, Molek Pine 5 and Molek Ria.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,367 sf - 1,704 sf
Market Price
RM630,000 - RM670,000
Total Units
248 Units
Completion Date
2013
Launch Price
About RM500 psf

The only amenities nearby this condominium are some schools. Few of the schools here include SA Taman Molek, SK Taman Molek and SMK Taman Molek.

The current rental yield of Molek Pine 3 is around 4.88%, compared to 6.32% 2 years ago in Q4 2022. The highest rental yield ever recorded was 7.07% in Q4 2015; while the lowest one was 4.29% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Molek Pine 3 is 2-bedroom / 1,376 sf with a median price of RM460 psf. For price wise, the most expensive one is 2-bedroom / 1,376 sf with a median price of RM460 psf; while the cheapest one is 3-bedroom / 1,704 sf with a median price of RM380 psf.

Latest Molek Pine 3 sale listings:

DateProperty TypeBuilt-upPrice
6 Jul 2024Condominium1,400 sfRM680,000
14 Jun 2024Condominium2,200 sfRM980,000
7 Jun 2024Condominium2,219 sfRM850,000
7 Jun 2024Condominium2,219 sfRM950,000
9 Mar 2024Condominium1,376 sfRM628,000
9 Mar 2024Condominium1,376 sfRM600,000
9 Mar 2024Condominium1,376 sfRM615,000
9 Mar 2024Condominium1,497 sfRM649,000
12 Feb 2024Condominium1,701 sfRM650,000
5 Jan 2024Condominium2,127 sfRM848,000

Latest Molek Pine 3 rental listings:

DateProperty TypeBuilt-upRental
5 Sep 2024Low-Cost Flat1,376 sfRM3,000
4 Sep 2024Low-Cost Flat1,344 sfRM3,000
4 Sep 2024Low-Cost Flat1,344 sfRM3,000
8 Aug 2024Condominium1,344 sfRM3,300
1 Jul 2024Condominium1,400 sfRM3,300
5 Jul 2024Condominium1,376 sfRM3,300
20 Jun 2024Condominium1,374 sfRM3,200
31 Mar 2024Low-Cost Flat1,367 sfRM2,900
20 Feb 2024Condominium1,700 sfRM3,300
21 Jan 2024Low-Cost Flat1,367 sfRM2,500
0 user comments on Molek Pine 3