Wellspring Residence in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,875 and 1,924 sqft, with a median price of RM604K and a median price per square foot (PSF) of RM317.

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 RM604K, with most transactions falling within a stable range of RM597K to RM611K, and a typical market range of RM597K to RM611K.

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

For price per square foot, the median is RM317, with most transactions between RM313 and RM321. The usual range is RM276.78 to RM357.28, showing that most units are priced quite close to each other. With an IQR of RM80.50 and MAD of RM4, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.