Wellesley Residences

Penang, Seberang Perai Utara, Bandar Butterworth

Property Transactions

2 subsales grouped by size

Median
RM285,000
PSF
RM450
Period
transactions middle 50% (P25–P75)
650 sqft
Condo
RM270,000
Level 27
667 sqft · RM405 PSF
RM300,000
Level 11
667 sqft · RM450 PSF
Legend Recent Highest Price Highest PSF

Selling in Wellesley Residences? Homes here sold for a median of RM285,000.

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Market Snapshot

Residential

RM285,000

RM428 psf

Median transaction price

Average

Does WELLESLEY RESIDENCES rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Wellesley Residences, Seberang Perai Utara, Penang

Wellesley Residences in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM285K and a median price per square foot (PSF) of RM450.

Nothing is listed in Wellesley Residences right now. Browse properties for sale in Bandar Butterworth and properties for rent in Bandar Butterworth nearby, then use the 2 sales recorded here to judge whether an asking price is fair.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM285K, with most transactions falling within a stable range of RM270K to RM300K, and a typical market range of RM278K to RM293K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM450, with most transactions between RM428 and RM473. The usual range is RM438.75 to RM461.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM22.50 and an average deviation (MAD) of RM23 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.