SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2024, with a median price of RM 583K and a median price per square foot (PSF) of RM 356.
This area contains both residential and commercial properties. View 26 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 583K, with most transactions falling within a stable range of RM 513K to RM 653K, and a typical market range of RM 362K to RM 803K.
Most transactions involved town house, with moderate diversity in property types available.
For price per square foot, the median is RM 356, with most transactions between RM 333 and RM 379. The usual range is RM 333.25 to RM 378.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.50 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
