OCEAN VIEW RESIDENCES
Residential Market
Median Price
RM 362,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 320,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
26 properties
Median Price
RM 371,250
+2.9% CAGR
Median PSF
RM 375.50
+3.8% CAGR
Shop/Retail Lot
1 properties
Median Price
RM 320,000
Median PSF
RM 283.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 26 |
RM 371,250
±16K MAD
|
+2.90% |
RM 375.50
±8 MAD
|
+3.79% | |
| Shop/Retail Lot | 1 |
RM 320,000
|
- |
RM 283.00
|
- |
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.
Filter by type, year, price, and size
Transactions
27 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Condo/Apartment |
|
RM 390,000
|
RM 416.00
|
936 sqft
|
Jan 2025
|
| Condo/Apartment |
|
RM 400,000
|
RM 427.00
|
936 sqft
|
Jan 2025
|
| Condo/Apartment |
|
RM 415,000
|
RM 443.00
|
936 sqft
|
Oct 2024
|
| Condo/Apartment |
|
RM 315,000
|
RM 336.00
|
936 sqft
|
Oct 2024
|
| Condo/Apartment |
|
RM 380,000
|
RM 406.00
|
936 sqft
|
Sep 2024
|
| Condo/Apartment |
|
RM 310,000
|
RM 331.00
|
936 sqft
|
Sep 2024
|
| Condo/Apartment |
|
RM 315,000
|
RM 336.00
|
936 sqft
|
Aug 2024
|
| Condo/Apartment |
|
RM 315,000
|
RM 336.00
|
936 sqft
|
Aug 2024
|
| Condo/Apartment |
|
RM 420,000
|
RM 379.00
|
1,109 sqft
|
Aug 2024
|
| Condo/Apartment |
|
RM 342,000
|
RM 365.00
|
936 sqft
|
Jul 2024
|
| Condo/Apartment |
|
RM 338,000
|
RM 361.00
|
936 sqft
|
Apr 2024
|
| Condo/Apartment |
|
RM 400,000
|
RM 427.00
|
936 sqft
|
Oct 2023
|
| Shop/Retail Lot |
|
RM 320,000
|
RM 283.00
|
1,130 sqft
|
Sep 2023
|
| Condo/Apartment |
|
RM 360,000
|
RM 384.00
|
936 sqft
|
Jul 2023
|
| Condo/Apartment |
|
RM 310,000
|
RM 331.00
|
936 sqft
|
Jul 2023
|
| Condo/Apartment |
|
RM 420,000
|
RM 379.00
|
1,109 sqft
|
Jul 2023
|
| Condo/Apartment |
|
RM 415,000
|
RM 374.00
|
1,109 sqft
|
Jul 2023
|
| Condo/Apartment |
|
RM 330,000
|
RM 298.00
|
1,109 sqft
|
Jun 2023
|
| Condo/Apartment |
|
RM 380,000
|
RM 343.00
|
1,109 sqft
|
Apr 2023
|
| Condo/Apartment |
|
RM 360,000
|
RM 384.00
|
936 sqft
|
Dec 2022
|
| Condo/Apartment |
|
RM 328,000
|
RM 296.00
|
1,109 sqft
|
Dec 2022
|
| Condo/Apartment |
|
RM 338,000
|
RM 305.00
|
1,109 sqft
|
Dec 2022
|
| Condo/Apartment |
|
RM 410,000
|
RM 370.00
|
1,109 sqft
|
Oct 2022
|
| Condo/Apartment |
|
RM 490,000
|
RM 442.00
|
1,109 sqft
|
Sep 2022
|
| Condo/Apartment |
|
RM 400,000
|
RM 427.00
|
936 sqft
|
Aug 2022
|
| Condo/Apartment |
|
RM 365,000
|
RM 390.00
|
936 sqft
|
Jul 2022
|
| Condo/Apartment |
|
RM 330,000
|
RM 352.00
|
936 sqft
|
Feb 2022
|