LIST

Penang, Seberang Perai Tengah, Mukit Mertajam

SUNWAY WELLESLEY @ PRECINT 3

Area Intelligence
2022
Median Price
RM 700,000
PSF: RM 477
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Commercial PSF Trends

Median Price

RM 700,000

RM 477 PSF

SUNWAY WELLESLEY @ PRECINT 3 in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 700K and a median price per square foot (PSF) of RM 477.

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 700K, with most transactions falling within a stable range of RM 633K to RM 750K, and a typical market range of RM 590K to RM 750K.

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

For price per square foot, the median is RM 477, with most transactions between RM 440 and RM 514. The usual range is RM 341.38 to RM 612.63, showing that most units are priced quite close to each other. With an IQR of RM 271.25 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

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 @ PRECINT 3, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
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

No Properties For Sale

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

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