OCEAN VIEW (BANDAR SRI PINANG)

OCEAN VIEW (BANDAR SRI PINANG) in Timur Laut, Penang recorded 20 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 444K and a median price per square foot (PSF) of RM 505.

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 444K, with most transactions falling within a stable range of RM 416K to RM 472K, and a typical market range of RM 428K to RM 460K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 505, with most transactions between RM 472 and RM 537. The usual range is RM 482.63 to RM 526.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.75 and an average deviation (MAD) of RM 33 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. Moderate transaction volume may require patience when buying or selling.