Wellesley Residences, Butterworth

Wellesley Residences is a freehold apartment located in Butterworth, Seberang Perai. There are 401 units available at this project with built-up from 650 sf to 1,300 sf. It was developed by OSK Property Holdings Bhd (fka PJ Development or PJD) with a launch price at around RM300 psf, and was completed in about Jul 2014.

OSK Property Holdings Bhd (fka PJ Development or PJD) is a very big-sized real estate company listed on KLSE, and it has constructed around 54 real estate projects in Malaysia. Other similar projects by the same developer are Eclipse Residence, Endah Regal, Endah Ria, Hartamas Regency 2, Mirage Residence, Ocean View Residences, Solstice, USJ One Condominium, You Residences and You Vista.

Property Type
Apartment
Land Tenure
Freehold
Built-up
650 sf - 1,300 sf
Market Price
RM350,000 - RM560,000
Density
401 Units
Completed In
Jul 2014
Launch Price
About RM300 psf

This apartment has some amenities nearby, for example schools and universities. The following are some main schools here:

The current market prices for Wellesley Residences are from RM350,000 to RM560,000 (about RM430 psf); while the monthly rentals are from RM1,000 to RM1,700 (about RM2.00 psf). The highest median price psf ever recorded was RM460 psf in Q3 2018; while the lowest one was RM300 psf in Q1 2012.

The current rental yield of Wellesley Residences is around 3.52%, compared to 5.62% a year ago in Q3 2018. The highest rental yield ever recorded was 5.83% in Q3 2016; while the lowest one was 3.52% in Q3 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Wellesley Residences is 2-bedroom / 900 sf with a median price of RM430 psf. For price wise, the most expensive one is Studio / 650 sf with a median price of RM540 psf; while the cheapest one is 2-bedroom / 1,100 sf with a median price of RM390 psf.

Latest Wellesley Residences for sale listings:

DateTypeBuilt-upPrice
10-Sep-19Condominium900 sfRM410,000
10-Sep-19Condominium1,100 sfRM410,000
10-Sep-19Condominium1,100 sfRM430,000
10-Sep-19Condominium1,100 sfRM470,000
10-Sep-19Studio650 sfRM308,000
05-Sep-19Studio650 sfRM299,998
05-Sep-19Condominium947 sfRM385,000
30-Aug-19Condominium947 sfRM370,000
29-Aug-19Condominium950 sfRM410,000
15-Aug-19Condominium1,100 sfRM458,000

Latest Wellesley Residences for rent listings:

DateTypeBuilt-upRental
27-Aug-19Condominium900 sfRM1,500
26-Aug-19Condominium900 sfRM1,800
22-Aug-19Studio650 sfRM1,300
22-Aug-19Studio650 sfRM1,000
04-Aug-19Condominium650 sfRM1,400
01-Aug-19Condominium1,100 sfRM1,600
30-Jul-19Studio650 sfRM1,400
28-Jul-19Condominium1,200 sfRM1,500
27-Jul-19Condominium650 sfRM1,400
18-Jul-19Condominium900 sfRM2,600

0 user comments on Wellesley Residences: