WELLESLEY RESIDENCES

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 43 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment 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 284K to RM 486K, and a typical market range of RM 313K to RM 458K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 393, with core pricing between RM 334 and RM 452. Market pricing typically extends from RM 341.50 to RM 444.50, reflecting moderate variation in unit pricing. The spread of RM 103.00 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.