Area Intelligence

OCEAN VIEW RESIDENCES

2 properties
2025
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Median Price
RM 395,000
PSF: RM 422

Residential Market

Median Price

RM 395,000

IQR: RM 66
MAD: RM 36
RM 422 PSF 2.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 320,000

RM 283 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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OCEAN VIEW RESIDENCES, Seberang Perai Utara, Penang

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Transactions

2 properties found

Condo/Apartment
RM 390,000
936 sqft Jan 2025
RM 416.00 PSF
Condo/Apartment
RM 400,000
936 sqft Jan 2025
RM 427.00 PSF