LIST

Penang, Seberang Perai Tengah, Mukit Mertajam

SUNWAY WELLESLEY 2

Area Intelligence
2023
Median Price
RM 522,500
PSF: RM 321
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Residential PSF Trends

Median Price

RM 522,500

PSF: RM 321

SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 523K and a median price per square foot (PSF) of RM 321.

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 523K, with most transactions falling within a stable range of RM 498K to RM 547K, and a typical market range of RM 498K to RM 550K.

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

For price per square foot, the median is RM 321, with most transactions between RM 308 and RM 334. The usual range is RM 298.25 to RM 343.75, 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 13 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

4 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
1,600 sqft
Town House
RM 498,000
Level 1
1,604 sqft · RM 311 PSF
1,650 sqft
Town House
RM 500,000
Level 1
1,636 sqft · RM 306 PSF
RM 550,000
Level 1
1,636 sqft · RM 336 PSF
RM 545,000
Level 1
1,647 sqft · RM 331 PSF

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

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