Wellesley Residences

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

Property Transactions

13 subsales grouped by size

Median
RM388,000
PSF
RM402
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
Condo
RM313,000
Level 24
667 sqft · RM469 PSF
RM368,000
Level 11
667 sqft · RM551 PSF
900 sqft
Condo
RM368,000
Level 23
915 sqft · RM402 PSF
RM335,000
Level 28
915 sqft · RM366 PSF
1,150 sqft
Condo
RM495,000
Level 6
1,152 sqft · RM430 PSF
RM380,000
Level 9
1,152 sqft · RM330 PSF
RM495,000
Level 12
1,152 sqft · RM430 PSF
RM385,000
Level 28
1,152 sqft · RM334 PSF
1,300 sqft
Condo
RM550,000
Level 10
1,324 sqft · RM415 PSF
RM490,000
Level 18
1,324 sqft · RM370 PSF
RM420,000
Level 6
1,324 sqft · RM317 PSF
RM388,000
Level 21
1,324 sqft · RM293 PSF
2,000 sqft
Condo
RM850,000
Level 26
2,002 sqft · RM425 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM388,000

RM402 psf

Median transaction price

High

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

Maps

Wellesley Residences in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2022, with a median price of RM388K and a median price per square foot (PSF) of RM402.

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 RM388K, with most transactions falling within a stable range of RM313K to RM522K, and a typical market range of RM316K to RM461K.

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

The median PSF stands at RM402, with core pricing between RM335 and RM470. Market pricing typically extends from RM350.72 to RM453.72, reflecting moderate variation in unit pricing. The spread of RM103.00 (IQR) and deviation of RM68 (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.