WELLESLEY RESIDENCES

Area Intelligence
2023
Median Price
RM 460,000
PSF: RM 365

Residential PSF Trends

Median Price

RM 460,000

PSF: RM 365

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2023, with a median price of RM 460K and a median price per square foot (PSF) of RM 365.

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 460K, with most transactions falling within a stable range of RM 413K to RM 507K, and a typical market range of RM 388K to RM 507K.

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

For price per square foot, the median is RM 365, with most transactions between RM 333 and RM 397. The usual range is RM 313.50 to RM 416.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 32, 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

11 transactions grouped by size

1,150 sqft
Condo/Apartment
RM 430,000
Level 22
1,152 sqft · RM 373 PSF
RM 388,000
Level 23
1,152 sqft · RM 337 PSF
RM 378,000
Level 7
1,152 sqft · RM 328 PSF
RM 368,000
Level 14
1,152 sqft · RM 320 PSF
RM 495,000
Level 7
1,152 sqft · RM 430 PSF
RM 465,000
Level 19
1,152 sqft · RM 404 PSF
1,300 sqft
Condo/Apartment
RM 450,000
Level 20
1,324 sqft · RM 340 PSF
RM 460,000
Level 8
1,324 sqft · RM 347 PSF
RM 490,000
Level 12
1,324 sqft · RM 370 PSF
RM 507,000
Level 24
1,324 sqft · RM 383 PSF
RM 483,000
Level 25
1,324 sqft · RM 365 PSF

No Properties For Sale

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

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