OCEAN VIEW RESIDENCES
Residential Market
Median Price
RM 395,000
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 2 subsale transactions in 2025, with a median price of RM 395K and a median price per square foot (PSF) of RM 422.
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 390K to RM 400K, and a typical market range of RM 390K to RM 400K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 422, with most transactions between RM 416 and RM 427. The usual range is RM 390.50 to RM 452.50, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 6, 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.
Filter by type, year, price, and size
Transactions
2 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
|