OCEAN VIEW RESIDENCES
Residential Market
Median Price
RM 338,000
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 9 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 361.
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 338K, with most transactions falling within a stable range of RM 310K to RM 380K, and a typical market range of RM 310K to RM 374K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 361, with most transactions between RM 325 and RM 397. The usual range is RM 330.00 to RM 392.00, showing that most units are priced quite close to each other. With an IQR of RM 62.00 and MAD of RM 36, 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
9 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 415,000
|
RM 443.00
|
936 sqft
|
Oct 2024
|
||
RM 315,000
|
RM 336.00
|
936 sqft
|
Oct 2024
|
||
RM 380,000
|
RM 406.00
|
936 sqft
|
Sep 2024
|
||
RM 310,000
|
RM 331.00
|
936 sqft
|
Sep 2024
|
||
RM 315,000
|
RM 336.00
|
936 sqft
|
Aug 2024
|
||
RM 315,000
|
RM 336.00
|
936 sqft
|
Aug 2024
|
||
RM 342,000
|
RM 365.00
|
936 sqft
|
Jul 2024
|
||
RM 338,000
|
RM 361.00
|
936 sqft
|
Apr 2024
|
RM 420,000
|
RM 379.00
|
1,109 sqft
|
Aug 2024
|