OCEAN VIEW (BANDAR SRI PINANG)

OCEAN VIEW (BANDAR SRI PINANG) in Timur Laut, Penang recorded 4 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 439K and a median price per square foot (PSF) of RM 503.

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 RM 439K, with most transactions falling within a stable range of RM 405K to RM 583K, and a typical market range of RM 422K to RM 455K.

Within the Condo/Apartment category, flats dominated the market, though some variety exists in the market.

The median PSF stands at RM 503, with core pricing between RM 445 and RM 561. Market pricing typically extends from RM 481.13 to RM 524.88, reflecting moderate variation in unit pricing. With an IQR of RM 43.75 and MAD of RM 58, 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.