SUNWAY WELLESLEY @ PRECINT 3

Area Intelligence
Median Price
RM 1,070,000
PSF: RM 642

Commercial PSF Trends

Median Price

RM 1,070,000

RM 642 PSF

SUNWAY WELLESLEY @ PRECINT 3 in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 1.07 million and a median price per square foot (PSF) of RM 642.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.07 million, with most transactions falling within a stable range of RM 725K to RM 1.42 million, and a typical market range of RM 731K to RM 1.41 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 642, though individual units vary from RM 501 to RM 784 in the core range. The broader market spans RM 506.38 to RM 777.63, indicating diverse property characteristics. The spread of RM 271.25 (IQR) and deviation of RM 142 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SUNWAY WELLESLEY @ PRECINT 3, Seberang Perai Tengah, Penang

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Transactions

6 transactions grouped by size

1,250 sqft
Single Storey Shop
RM 590,000
PERSIARAN SUNWAY WELLESLEY
1,238 sqft · RM 477 PSF
1,350 sqft
3-Storey Shop
RM 700,000
PERSIARAN SUNWAY WELLESLEY
1,335 sqft · RM 524 PSF
1,750 sqft
3-Storey Shop
RM 750,000
PERSIARAN SUNWAY WELLESLEY
1,733 sqft · RM 433 PSF
1,850 sqft
3-Storey Shop
RM 1,390,000
PERSIARAN SUNWAY WELLESLEY
1,830 sqft · RM 760 PSF
RM 1,390,000
PERSIARAN SUNWAY WELLESLEY
1,830 sqft · RM 760 PSF
2,000 sqft
3-Storey Shop
RM 1,700,000
PERSIARAN SUNWAY WELLESLEY
2,013 sqft · RM 845 PSF

No Properties For Sale

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

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