SUNWAY WELLESLEY 2

SUNWAY WELLESLEY 2 in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 723K and a median price per square foot (PSF) of RM 332.

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. The median price is RM 723K, with most transactions falling within a stable range of RM 490K to RM 955K, and a typical market range of RM 541K to RM 905K.

Most transactions involved town house, though some variety exists in the market.

For price per square foot, the median is RM 332, with most transactions between RM 299 and RM 365. The usual range is RM 308.13 to RM 355.88, 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 33 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.