Sunway Wellesley @ Precint

1, Jln Muthu Palaniappan, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size · 3-Sty Shop →

Median
RM 725,000
PSF
RM 501
Price Size
Period
transactions middle 50% (P25–P75)
1,250 sqft
1-Sty Shop
RM 590,000
Persiaran Sunway Wellesley
1,238 sqft · RM 477 PSF
1,350 sqft
3-Sty Shop
RM 700,000
Persiaran Sunway Wellesley
1,335 sqft · RM 524 PSF
1,750 sqft
3-Sty Shop
RM 750,000
Persiaran Sunway Wellesley
1,733 sqft · RM 433 PSF
2,000 sqft
3-Sty Shop
RM 1,700,000
Persiaran Sunway Wellesley
2,013 sqft · RM 845 PSF
Legend Recent Highest Price Highest PSF

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Sunway Wellesley @ Precint 3
© OpenStreetMap · CARTO

Sunway Wellesley @ Precint, 1, Jln Muthu Palaniappan, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Sunway Wellesley @ Precint in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 725K and a median price per square foot (PSF) of RM 501.

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 725K, with most transactions falling within a stable range of RM 590K to RM 1.17 million, and a typical market range of RM 590K to RM 1.06 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 501, though individual units vary from RM 339 to RM 663 in the core range. The broader market spans RM 364.92 to RM 636.17, indicating diverse property characteristics. A wider spread (IQR: RM 271.25) and deviation (MAD: RM 162) indicate significant PSF variations, likely due to diverse property types or conditions.

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.