Ocean View (Bandar Sri Pinang)

The Ocean View, Bandar Sri Pinang, Jelutong, Penang, Malaysia

Property Transactions

10 subsales found

Median
RM449,000
PSF
RM509

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM440,000
Level 3
872 sqft RM505 PSF
RM415,000
Level 8
872 sqft RM476 PSF
RM490,000
Level 10
872 sqft RM562 PSF
RM430,000
Level 11
872 sqft RM493 PSF
RM500,000
Level 4
872 sqft RM573 PSF
RM448,000
Level 7
872 sqft RM514 PSF
RM480,000
Level 7
872 sqft RM551 PSF
RM400,000
Level 4
872 sqft RM459 PSF
RM450,000
Level 8
893 sqft RM504 PSF
RM450,000
Level 4
872 sqft RM516 PSF
Legend Recent Highest Price Highest PSF

Selling in Ocean View (Bandar Sri Pinang)? Homes here sold for a median of RM449,000.

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Market Snapshot

Residential

RM449,000

RM509 psf

Median transaction price

Ocean View (Bandar Sri Pinang)
© OpenStreetMap · CARTO

The Ocean View, Bandar Sri Pinang, Jelutong, Penang, Malaysia

Maps

Ocean View (Bandar Sri Pinang) in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM449K and a median price per square foot (PSF) of RM509.

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 RM449K, with most transactions falling within a stable range of RM419K to RM479K, and a typical market range of RM430K to RM468K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM509, with most transactions between RM474 and RM544. The usual range is RM485.99 to RM532.49, showing that most units are priced quite close to each other. A typical spread (IQR) of RM46.50 and an average deviation (MAD) of RM35 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.