WELLESLEY RESIDENCES

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2025, with a median price of RM 365K and a median price per square foot (PSF) of RM 460.

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 365K, with most transactions falling within a stable range of RM 290K to RM 441K, and a typical market range of RM 295K to RM 435K.

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

For price per square foot, the median is RM 460, with most transactions between RM 435 and RM 485. The usual range is RM 410.38 to RM 509.63, showing that most units are priced quite close to each other. With an IQR of RM 99.25 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.