Ocean View (Bandar Sri Pinang)

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

Property Transactions

5 subsales found

Median
RM460,000
PSF
RM528

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM460,000
Level 10
872 sqft RM528 PSF
RM405,000
Level 6
872 sqft RM465 PSF
RM465,000
Level 2
872 sqft RM533 PSF
RM760,000
Level 11
1,227 sqft RM619 PSF
RM430,000
Level 8
872 sqft RM493 PSF
Legend Recent Highest Price Highest PSF

Selling in Ocean View (Bandar Sri Pinang)? Homes here sold for a median of RM460,000.

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Market Snapshot

Residential

RM460,000

RM528 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 5 subsale transactions in 2023, with a median price of RM460K and a median price per square foot (PSF) of RM528.

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 RM460K, with most transactions falling within a stable range of RM405K to RM590K, and a typical market range of RM441K to RM479K.

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

For price per square foot, the median is RM528, with most transactions between RM475 and RM580. The usual range is RM504.35 to RM550.85, showing that most units are priced quite close to each other. A typical spread (IQR) of RM46.50 and an average deviation (MAD) of RM52 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.