Penang, Seberang Perai Tengah, Mukit Mertajam

SUNWAY WELLESLEY 2

Area Intelligence

Median Price

RM 547,500

PSF: RM 334

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Residential PSF Trends

Median Price

RM 545,000

PSF: RM 331

SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 548K and a median price per square foot (PSF) of RM 334.

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.

Most transactions involved town house, with moderate diversity in property types available.

For price per square foot, the median is RM 334, with most transactions between RM 334 and RM 334. The usual range is RM 310.75 to RM 356.25, 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 0 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. Moderate transaction volume may require patience when buying or selling.

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SUNWAY WELLESLEY 2, Seberang Perai Tengah, Penang

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