OCEAN VIEW RESIDENCES

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 395K and a median price per square foot (PSF) of RM 357.

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 395K, with most transactions falling within a stable range of RM 342K to RM 448K, and a typical market range of RM 360K to RM 431K.

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

The median PSF stands at RM 357, with core pricing between RM 308 and RM 405. Market pricing typically extends from RM 325.50 to RM 387.50, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 48, 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. Limited transaction history suggests carefully evaluating comparable sales data.