Penang
Seberang Perai Selatan
4
TAMAN WELLESLEY (SUNGAI. BAKAP)

TAMAN WELLESLEY (SUNGAI. BAKAP)

Area Intelligence

Median Price

RM 500,000

PSF: RM 59

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Residential PSF Trends

Median Price

RM 500,000

PSF: RM 59

TAMAN WELLESLEY (SUNGAI. BAKAP) in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 500K 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 500K, with most transactions falling within a stable range of RM 420K to RM 500K, and a typical market range of RM 396K to RM 500K.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 59, with core pricing between RM 50 and RM 69. Market pricing typically extends from RM 47.38 to RM 70.63, reflecting moderate variation in unit pricing. The spread of RM 23.25 (IQR) and deviation of RM 10 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN WELLESLEY (SUNGAI. BAKAP), Seberang Perai Selatan, Penang

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