Wellesley Residences
Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 14
|
RM 315,000
|
RM 472
|
667 sqft
|
|
|
|
Level 11
|
RM 300,000
|
RM 450
|
667 sqft
|
|
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Market Snapshot
ResidentialRM 315,000
RM 472 psfMedian transaction price
Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
MapsWellesley Residences in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 315K and a median price per square foot (PSF) of RM 472.
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 RM 315K, with most transactions falling within a stable range of RM 300K to RM 387K, and a typical market range of RM 300K to RM 388K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 472, with most transactions between RM 450 and RM 494. The usual range is RM 420.51 to RM 523.51, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 22, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.