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Penang, Seberang Perai Tengah, Mukit Mertajam

SUNWAY WELLESLEY 2

Area Intelligence
2024
Median Price
RM 582,500
PSF: RM 356
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Residential PSF Trends

Median Price

RM 580,000

PSF: RM 355

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 555K to RM 610K, and a typical market range of RM 538K to RM 630K.

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 340 and RM 372. The usual range is RM 333.28 to RM 378.78, 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 16 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.

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SUNWAY WELLESLEY 2, Seberang Perai Tengah, Penang

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Transactions

7 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,650 sqft
Town House
RM 585,000
Level G
1,647 sqft · RM 355 PSF
RM 580,000
Level G
1,625 sqft · RM 357 PSF
RM 560,000
Level G
1,636 sqft · RM 342 PSF
RM 538,000
Level 1
1,647 sqft · RM 327 PSF
RM 600,000
Level G
1,647 sqft · RM 364 PSF
RM 630,000
Level 1
1,647 sqft · RM 383 PSF
RM 570,000
Level G
1,647 sqft · RM 346 PSF

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There are currently no properties listed for sale in this area.

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