SUNWAY WELLESLEY 2

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 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 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 732K.

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

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 312.13 to RM 359.88, indicating diverse property characteristics. The spread of RM 47.75 (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.