SUNWAY WELLESLEY 2

Area Intelligence
2024
Median Price
RM 580,000
PSF: RM 355

Residential PSF Trends

Median Price

RM 575,000

PSF: RM 351

SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2024, with a median price of RM 580K and a median price per square foot (PSF) of RM 355.

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 580K, with most transactions falling within a stable range of RM 499K to RM 1.12 million, and a typical market range of RM 499K to RM 800K.

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

Price per square foot shows a median of RM 355, though individual units vary from RM 0 to RM 713 in the core range. The broader market spans RM 332.25 to RM 377.75, indicating diverse property characteristics. A wider spread (IQR: RM 45.50) and deviation (MAD: RM 358) indicate significant PSF variations, likely due to diverse property types or conditions.

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

9 transactions grouped by size

1,550 sqft
3-Storey Shop
RM 2,300,000
MEDAN SUNWAY WELLESLEY 1
1,550 sqft · RM 1,484 PSF
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 499,000
Level 1
1,625 sqft · RM 307 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

No Properties For Sale

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

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