SUNWAY WELLESLEY 2

Area Intelligence
2023
Median Price
RM 550,000
PSF: RM 336

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 336

SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 336.

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 550K, with most transactions falling within a stable range of RM 498K to RM 919K, and a typical market range of RM 498K to RM 770K.

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

Price per square foot shows a median of RM 336, though individual units vary from RM 258 to RM 414 in the core range. The broader market spans RM 313.25 to RM 358.75, indicating diverse property characteristics. The spread of RM 45.50 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.

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

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
2,600 sqft
Double Storey Semi-D
RM 1,230,000
LINTANG SUNWAY WELLESLEY 3
2,616 sqft · RM 470 PSF
2,800 sqft
Double Storey Semi-D
RM 1,450,000
LINTANG SUNWAY WELLESLEY 3
2,788 sqft · RM 520 PSF
RM 1,000,000
LINTANG SUNWAY WELLESLEY 3
2,788 sqft · RM 359 PSF

No Properties For Sale

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

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