SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 524K and a median price per square foot (PSF) of RM 331.
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 524K, with most transactions falling within a stable range of RM 454K to RM 594K, and a typical market range of RM 304K to RM 744K.
Most transactions involved town house, with moderate diversity in property types available.
For price per square foot, the median is RM 331, with most transactions between RM 308 and RM 354. The usual range is RM 308.25 to RM 353.75, 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.
