OCEAN VIEW RESIDENCES

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 370.

This area contains both residential and commercial properties. View 26 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 RM 360K, with most transactions falling within a stable range of RM 320K to RM 400K, and a typical market range of RM 325K to RM 396K.

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

For price per square foot, the median is RM 370, with most transactions between RM 336 and RM 404. The usual range is RM 339.00 to RM 401.00, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 34, 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. Moderate transaction volume may require patience when buying or selling.