TAMAN WELLESLEY (BW/S.2)

TAMAN WELLESLEY (BW/S.2) in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 343.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 343, with most transactions between RM 343 and RM 343. The usual range is RM 196.25 to RM 489.75, showing that most units are priced quite close to each other. With an IQR of RM 293.50 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.