TMN WELLESLEY (SG. BAKAP)

TMN WELLESLEY (SG. BAKAP) in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 420K and a median price per square foot (PSF) of RM 50.

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 420K, with most transactions falling within a stable range of RM 320K to RM 520K, and a typical market range of RM 316K to RM 524K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 50, though individual units vary from RM 37 to RM 63 in the core range. The broader market spans RM 37.88 to RM 61.13, indicating diverse property characteristics. A wider spread (IQR: RM 23.25) and deviation (MAD: RM 13) indicate significant PSF variations, likely due to diverse property types or conditions.

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.