WELLESLEY RESIDENCES

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 22 subsale transactions between 2021 and 2025, with a median price of RM 455K and a median price per square foot (PSF) of RM 356.

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 455K, with most transactions falling within a stable range of RM 380K to RM 530K, and a typical market range of RM 383K to RM 528K.

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

The median PSF stands at RM 356, with core pricing between RM 303 and RM 409. Market pricing typically extends from RM 304.50 to RM 407.50, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 53, 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. Moderate transaction volume may require patience when buying or selling.