WELLESLEY RESIDENCES

Area Intelligence

2025

Median Price

RM 372,500

PSF: RM 471

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Residential PSF Trends

Median Price

RM 372,500

PSF: RM 471

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2025, priced between RM 300K and RM 500K, with a median price of RM 373K and a median price per square foot (PSF) of RM 471.

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 373K, with most transactions falling within a stable range of RM 303K to RM 442K, and a typical market range of RM 300K to RM 445K.

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

For price per square foot, the median is RM 471, with most transactions between RM 452 and RM 490. The usual range is RM 419.50 to RM 522.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 19, 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.

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WELLESLEY RESIDENCES, Seberang Perai Utara, Penang

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