PropMedian Data Research

WELLESLEY RESIDENCES Transaction Price & PSF

WELLESLEY RESIDENCES Condominium/Apartment Residential Property Market | residential | Data through September 2025

Transactions
43
Property types
1
Data period
January 2021 - September 2025

This PropMedian market article examines the residential segment for WELLESLEY RESIDENCES in Pulau Pinang, focusing on how transaction benchmarks can be interpreted by readers without asserting guaranteed outcomes.

Market overview

The dataset shows activity concentrated in the Condominium/Apartment category within the Seberang Perai Utara district and Butterworth mukim, centered on the WELLESLEY RESIDENCES scheme. The information indicates a dominant local submarket and varying activity patterns across the sampled period, reflecting typical fluctuations in residential transaction activity within this scheme and district.

Property type benchmarks

The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.

Condominium/Apartment

Transactions
43
Median price
RM385,000
Median parcel area
915 sqft
Median parcel PSF
RM415.42 psf
Parcel PSF coverage
86.0%

Within the residential segment, this category represents the primary form of dwelling in the dataset associated with the WELLESLEY RESIDENCES scheme. The data suggest that activity and price dispersion in this category are the main focus of observed transactions in the sample, reinforcing its central role in the local market snapshot.

How to interpret this market

Readers can use transaction benchmarks as a reference framework for typical activity within the residential segment of this scheme and category. Remember that individual properties may differ in features such as size, layout, condition or location within the scheme, which can influence outcomes beyond benchmark observations.

Explore the underlying market

View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.

View Seberang Perai Utara property data

Frequently asked questions

What property type is represented in this market snapshot?

Condominium/Apartment is the property type shown for the residential segment within the WELLESLEY RESIDENCES dataset.

Which scheme is the focus of this snapshot?

The focus is on the WELLESLEY RESIDENCES scheme in Seberang Perai Utara, Butterworth, Pulau Pinang, within the residential segment.

How should I use the benchmarks with a specific property?

Treat benchmarks as a guide for typical activity in the residential segment of this scheme, while acknowledging that a specific property may vary in features that influence price or transaction dynamics.

Summary

Overall, readers should compare property types separately and use transaction benchmarks to understand the market context for the residential segment in this scheme. Avoid extrapolating beyond the observed data and refrain from predicting future movements.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

WELLESLEY RESIDENCES Price & PSF | PropMedian