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
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 6
|
RM 360,000
|
RM 384
|
936 sqft
|
|
Condo |
|
Level 7
|
RM 328,000
|
RM 296
|
1,109 sqft
|
|
Condo |
|
Level 20
|
RM 338,000
|
RM 305
|
1,109 sqft
|
|
Condo |
|
Level 13
|
RM 410,000
|
RM 370
|
1,109 sqft
|
|
Condo |
|
Level 11
|
RM 490,000
|
RM 442
|
1,109 sqft
|
|
Condo |
|
Level 8
|
RM 400,000
|
RM 427
|
936 sqft
|
|
Condo |
|
Level 27
|
RM 365,000
|
RM 390
|
936 sqft
|
|
Condo |
|
Level 20
|
RM 330,000
|
RM 352
|
936 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 362,500
RM 377 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 8 subsale transactions in 2022, with a median price of RM 363K and a median price per square foot (PSF) of RM 377.
This area contains both residential and commercial properties. View 30 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 363K, with most transactions falling within a stable range of RM 328K to RM 414K, and a typical market range of RM 328K to RM 398K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 377, with core pricing between RM 328 and RM 426. Market pricing typically extends from RM 340.87 to RM 413.37, reflecting moderate variation in unit pricing. With an IQR of RM 72.50 and MAD of RM 49, 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.