Penang
Seberang Perai Utara
Butterworth
OCEAN VIEW RESIDENCES

Penang, Seberang Perai Utara, Butterworth

OCEAN VIEW RESIDENCES

Area Intelligence

2023

Median Price

RM 370,000

PSF: RM 359

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 380,000

PSF: RM 374

Commercial PSF Trends

Median Price

RM 320,000

RM 283 PSF

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 359.

This area contains both residential and commercial properties. View 27 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 329K to RM 411K, and a typical market range of RM 335K to RM 405K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 359, with core pricing between RM 314 and RM 403. Market pricing typically extends from RM 322.50 to RM 394.50, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 45, 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.

Loading map...

OCEAN VIEW RESIDENCES, Seberang Perai Utara, Penang

OSM

Track location

Transactions

8 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

950 sqft

Condo/Apartment

950 sqft

Condo/Apartment

RM 400,000

Level 13

936 sqft · RM 427 PSF

Oct 2023

RM 360,000

Level 14

936 sqft · RM 384 PSF

Jul 2023

RM 310,000

Level 21

936 sqft · RM 331 PSF

Jul 2023

Level 13	RM 400,000	RM 427	936 sqft	Oct 2023
Level 14	RM 360,000	RM 384	936 sqft	Jul 2023
Level 21	RM 310,000	RM 331	936 sqft	Jul 2023

1,100 sqft

Condo/Apartment

1,100 sqft

Condo/Apartment

RM 420,000

Level 15

1,109 sqft · RM 379 PSF

Jul 2023

RM 415,000

Level 22

1,109 sqft · RM 374 PSF

Jul 2023

RM 330,000

Level 23

1,109 sqft · RM 298 PSF

Jun 2023

RM 380,000

Level 28

1,109 sqft · RM 343 PSF

Apr 2023

Level 15	RM 420,000	RM 379	1,109 sqft	Jul 2023
Level 22	RM 415,000	RM 374	1,109 sqft	Jul 2023
Level 23	RM 330,000	RM 298	1,109 sqft	Jun 2023
Level 28	RM 380,000	RM 343	1,109 sqft	Apr 2023