Ocean View Residences
Jalan Harbour Place, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
Jalan Harbour Place, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 380,000
RM 406 psfMedian transaction price
Ocean View Residences, Jalan Harbour Place, Kampung Bagan Dalam, 12100 Butterworth, Pulau Pinang, Malaysia
MapsOcean View Residences in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 355.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 370K, with most transactions falling within a stable range of RM 350K to RM 390K, and a typical market range of RM 348K to RM 393K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 355, with core pricing between RM 302 and RM 409. Market pricing typically extends from RM 300.75 to RM 409.25, reflecting moderate variation in unit pricing. The spread of RM 108.50 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.
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.