OCEAN VIEW (BANDAR SRI PINANG)
Residential Market
Median Price
RM 397,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
20 properties
Median Price
RM 449,000
-3.1% CAGR
Median PSF
RM 509.50
-3.1% CAGR
Condo/Apartment
4 properties
Median Price
RM 510,500
-24.7% CAGR
Median PSF
RM 522.50
-7.2% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Flat | 20 |
RM 449,000
±11K MAD
|
-3.08% |
RM 509.50
±19 MAD
|
-3.10% | |
| Condo/Apartment | 4 |
RM 510,500
±72K MAD
|
-24.72% |
RM 522.50
±20 MAD
|
-7.20% |
OCEAN VIEW (BANDAR SRI PINANG) in Timur Laut, Penang recorded 1 subsale transactions in 2025, with a median price of RM 397K and a median price per square foot (PSF) of RM 455.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 455, with most transactions between RM 455 and RM 455. The usual range is RM 433.13 to RM 476.88, 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 0 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 397,000
|
RM 455.00
|
872 sqft
|
Jan 2025
|