Wellesley Residences

Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 308,000
PSF
RM 462
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
Condo
RM 300,000
Level 11
667 sqft · RM 450 PSF
RM 310,000
Level 22
667 sqft · RM 465 PSF
RM 308,000
Level 20
667 sqft · RM 462 PSF
RM 283,000
Level 21
667 sqft · RM 424 PSF
RM 320,000
Level 11
667 sqft · RM 480 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 308,000

RM 462 psf

Median transaction price

High

Rental Yield Data

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Wellesley Residence, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia

Maps

Wellesley Residences in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 308K and a median price per square foot (PSF) of RM 462.

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 308K, with most transactions falling within a stable range of RM 296K to RM 320K, and a typical market range of RM 283K to RM 320K.

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

For price per square foot, the median is RM 462, with most transactions between RM 443 and RM 480. The usual range is RM 410.02 to RM 513.02, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 19, 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.