Taman Wellesley (Sungai. Bakap)
17, Jalan Wellesley, 14200 Sungai Jawi, Pulau Pinang, Malaysia
17, Jalan Wellesley, 14200 Sungai Jawi, Pulau Pinang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 650,000
|
RM 66
|
9,871 sqft
|
|
|
|
RM 340,000
|
RM 40
|
8,450 sqft
|
|
|
|
RM 500,000
|
RM 59
|
8,450 sqft
|
|
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17, Jalan Wellesley, 14200 Sungai Jawi, Pulau Pinang, Malaysia
MapsTaman Wellesley (Sungai. Bakap) in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 59.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 320K to RM 520K, and a typical market range of RM 316K to RM 524K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 59, though individual units vary from RM 46 to RM 72 in the core range. The broader market spans RM 47.55 to RM 70.80, indicating diverse property characteristics. The spread of RM 23.25 (IQR) and deviation of RM 13 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.