LIST

Penang, Seberang Perai Utara, Butterworth

OCEAN VIEW RESIDENCES

Area Intelligence
2024
Median Price
RM 338,000
PSF: RM 361
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Residential PSF Trends

Median Price

RM 338,000

PSF: RM 361

Commercial PSF Trends

Median Price

RM 320,000

RM 283 PSF

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 361.

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 338K, with most transactions falling within a stable range of RM 310K to RM 380K, and a typical market range of RM 310K to RM 373K.

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

For price per square foot, the median is RM 361, with most transactions between RM 325 and RM 397. The usual range is RM 325.00 to RM 397.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 36, 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.

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OCEAN VIEW RESIDENCES, Seberang Perai Utara, Penang

OSM

Track location

Transactions

9 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
950 sqft
Condo/Apartment
RM 415,000
Level 4
936 sqft · RM 443 PSF
RM 315,000
Level 29
936 sqft · RM 336 PSF
RM 380,000
Level 15
936 sqft · RM 406 PSF
RM 310,000
Level 26
936 sqft · RM 331 PSF
RM 315,000
Level 22
936 sqft · RM 336 PSF
RM 315,000
Level 28
936 sqft · RM 336 PSF
RM 342,000
Level 16
936 sqft · RM 365 PSF
RM 338,000
Level 16
936 sqft · RM 361 PSF
1,100 sqft
Condo/Apartment
RM 420,000
Level 10
1,109 sqft · RM 379 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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