Area Intelligence

SUNWAY WELLESLEY 2

1 properties
3-Storey Storey Shop
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Median Price
RM 2,300,000
PSF: RM 1,484

Residential Market

Median Price

RM 560,000

IQR: RM 48
MAD: RM 23
RM 341 PSF 2.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,300,000

RM 1,484 PSF

PSF Trends (2021-2025)

SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 1,484.

This area contains both residential and commercial properties. View 25 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Within the 3-Storey Storey Shop category, town house dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 1,484, with most transactions between RM 1,484 and RM 1,484. The usual range is RM 1,460.13 to RM 1,507.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SUNWAY WELLESLEY 2, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 2,300,000
MEDAN SUNWAY WELLESLEY 1
1,550 sqft · RM 1,484.00 PSF
May 2024