Area Intelligence

SUNWAY WELLESLEY @ PRECINT 3

1 properties
Single Storey Shop
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Median Price
RM 590,000
PSF: RM 477

Commercial Market

Median Price

RM 590,000

IQR: RM 271
MAD: RM 142
RM 477 PSF 34.1%

PSF Trends (2021-2025)

SUNWAY WELLESLEY @ PRECINT 3 in Seberang Perai Tengah, Penang recorded 1 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 590K 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.

Within the Single Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 477, with most transactions between RM 477 and RM 477. 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 0, 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.

Area Location

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SUNWAY WELLESLEY @ PRECINT 3, Seberang Perai Tengah, Penang

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Transactions

1 properties grouped by size

1,250 sqft
1 units Single Storey Shop
RM 590,000
PERSIARAN SUNWAY WELLESLEY
1,238 sqft · RM 477.00 PSF
Feb 2022