WELLESLEY RESIDENCES

Area Intelligence
2025
Median Price
RM 315,000
PSF: RM 470

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 470

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2025, with a median price of RM 315K and a median price per square foot (PSF) of RM 470.

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 385K, 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 470, with most transactions between RM 451 and RM 489. The usual range is RM 418.50 to RM 521.50, 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.

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.

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WELLESLEY RESIDENCES, Seberang Perai Utara, Penang

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Transactions

4 transactions grouped by size

650 sqft
Condo/Apartment
RM 315,000
Level 14
667 sqft · RM 472 PSF
RM 300,000
Level 11
667 sqft · RM 450 PSF
900 sqft
Condo/Apartment
RM 460,000
Level 21
915 sqft · RM 503 PSF
RM 430,000
Level 9
915 sqft · RM 470 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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