Wellesley Residences
Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 24
|
RM 313,000
|
RM 469
|
667 sqft
|
|
|
|
Level 11
|
RM 368,000
|
RM 551
|
667 sqft
|
|
|
Level 23
|
RM 368,000
|
RM 402
|
915 sqft
|
|
|
|
Level 28
|
RM 335,000
|
RM 366
|
915 sqft
|
|
|
Level 6
|
RM 495,000
|
RM 430
|
1,152 sqft
|
|
|
|
Level 9
|
RM 380,000
|
RM 330
|
1,152 sqft
|
|
|
|
Level 12
|
RM 495,000
|
RM 430
|
1,152 sqft
|
|
|
|
Level 28
|
RM 385,000
|
RM 334
|
1,152 sqft
|
|
|
Level 10
|
RM 550,000
|
RM 415
|
1,324 sqft
|
|
|
|
Level 18
|
RM 490,000
|
RM 370
|
1,324 sqft
|
|
|
|
Level 6
|
RM 420,000
|
RM 317
|
1,324 sqft
|
|
|
|
Level 21
|
RM 388,000
|
RM 293
|
1,324 sqft
|
|
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Market Snapshot
ResidentialRM 388,000
RM 402 psfMedian transaction price
Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
MapsWellesley Residences in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2022, with a median price of RM 388K and a median price per square foot (PSF) of RM 402.
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 388K, with most transactions falling within a stable range of RM 313K to RM 522K, and a typical market range of RM 316K to RM 461K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 402, with core pricing between RM 335 and RM 470. Market pricing typically extends from RM 350.72 to RM 453.72, reflecting moderate variation in unit pricing. The spread of RM 103.00 (IQR) and deviation of RM 68 (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. Limited transaction history suggests carefully evaluating comparable sales data.