WELLESLEY RESIDENCES

Area Intelligence
2021
Median Price
RM 373,500
PSF: RM 363

Residential PSF Trends

Median Price

RM 373,500

PSF: RM 363

WELLESLEY RESIDENCES in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2021, with a median price of RM 374K and a median price per square foot (PSF) of RM 363.

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 374K, with most transactions falling within a stable range of RM 305K to RM 444K, and a typical market range of RM 305K to RM 446K.

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

The median PSF stands at RM 363, with core pricing between RM 317 and RM 409. Market pricing typically extends from RM 311.50 to RM 414.50, reflecting moderate variation in unit pricing. With an IQR of RM 103.00 and MAD of RM 46, 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

6 transactions grouped by size

650 sqft
Condo/Apartment
RM 305,000
Level 15
667 sqft · RM 457 PSF
900 sqft
Condo/Apartment
RM 347,000
Level 10
915 sqft · RM 379 PSF
RM 310,000
Level 21
915 sqft · RM 339 PSF
1,150 sqft
Condo/Apartment
RM 400,000
Level 20
1,152 sqft · RM 347 PSF
1,300 sqft
Condo/Apartment
RM 415,000
Level 5
1,324 sqft · RM 313 PSF
RM 508,000
Level 28
1,324 sqft · RM 384 PSF

No Properties For Sale

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

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