Selling in Ocean View (Bandar Sri Pinang)? Homes here sold for a median of RM440,000.
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Ocean View (Bandar Sri Pinang)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM440,000
RM493 psfMedian transaction price
The Ocean View, Bandar Sri Pinang, Jelutong, Penang, Malaysia
MapsOcean View (Bandar Sri Pinang) in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM440K and a median price per square foot (PSF) of RM493.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM440K, with most transactions falling within a stable range of RM430K to RM450K, and a typical market range of RM430K to RM450K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM493, with most transactions between RM481 and RM504. The usual range is RM469.25 to RM515.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM46.50 and an average deviation (MAD) of RM11 indicate a highly stable PSF trend across properties.
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.