WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 0 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 385K and a median price per square foot (PSF) of RM 393.
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 385K, with most transactions falling within a stable range of RM 310K to RM 460K, and a typical market range of RM 313K to RM 458K.
Within the Double Storey Shop category, condominium/apartment dominated the market, with minimal variety in property types.
The median PSF stands at RM 393, with core pricing between RM 340 and RM 446. Market pricing typically extends from RM 341.50 to RM 444.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.
