WELLESLEY RESIDENCES

Area Intelligence
2024
Median Price
RM 308,000
PSF: RM 462

Residential PSF Trends

Median Price

RM 308,000

PSF: RM 462

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 308K and a median price per square foot (PSF) of RM 462.

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 308K, with most transactions falling within a stable range of RM 296K to RM 320K, and a typical market range of RM 283K to RM 320K.

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

For price per square foot, the median is RM 462, with most transactions between RM 443 and RM 481. The usual range is RM 410.50 to RM 513.50, 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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Transactions

5 transactions grouped by size

650 sqft
Condo/Apartment
RM 300,000
Level 11
667 sqft · RM 450 PSF
RM 310,000
Level 22
667 sqft · RM 465 PSF
RM 308,000
Level 20
667 sqft · RM 462 PSF
RM 283,000
Level 21
667 sqft · RM 424 PSF
RM 320,000
Level 11
667 sqft · RM 480 PSF

No Properties For Sale

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

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