OCEAN VIEW RESIDENCES

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 26 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 363K and a median price per square foot (PSF) of RM 372.

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 363K, with most transactions falling within a stable range of RM 318K to RM 407K, and a typical market range of RM 327K to RM 398K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 372, with core pricing between RM 329 and RM 415. Market pricing typically extends from RM 341.00 to RM 403.00, reflecting moderate variation in unit pricing. With an IQR of RM 62.00 and MAD of RM 43, 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.