Ocean View Residences
Jalan Harbour Place, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
Jalan Harbour Place, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
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Selling in Ocean View Residences? Homes here sold for a median of RM370,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Bandar Butterworth
Market Snapshot
ResidentialRM380,000
RM406 psfMedian transaction price
Does OCEAN VIEW RESIDENCES rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Ocean View Residences, Jalan Harbour Place, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
MapsOcean View Residences in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2023, with a median price of RM370K and a median price per square foot (PSF) of RM355.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM370K, with most transactions falling within a stable range of RM350K to RM390K, and a typical market range of RM348K to RM393K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM355, with core pricing between RM302 and RM409. Market pricing typically extends from RM300.75 to RM409.25, reflecting moderate variation in unit pricing. The spread of RM108.50 (IQR) and deviation of RM54 (MAD) suggest moderate price variations reflecting different property features.
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.