Penang
Seberang Perai Utara
Butterworth
OCEAN VIEW RESIDENCES

Penang, Seberang Perai Utara, Butterworth

OCEAN VIEW RESIDENCES

Area Intelligence

2022

Median Price

RM 362,500

PSF: RM 387

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 362,500

PSF: RM 387

Commercial PSF Trends

Median Price

RM 320,000

RM 283 PSF

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 363K and a median price per square foot (PSF) of RM 387.

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 363K, with most transactions falling within a stable range of RM 338K to RM 387K, and a typical market range of RM 330K to RM 398K.

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

For price per square foot, the median is RM 387, with most transactions between RM 360 and RM 414. The usual range is RM 351.00 to RM 423.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 27, 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

4 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 360,000

Level 6

936 sqft · RM 384 PSF

Dec 2022

RM 400,000

Level 8

936 sqft · RM 427 PSF

Aug 2022

RM 365,000

Level 27

936 sqft · RM 390 PSF

Jul 2022

RM 330,000

Level 20

936 sqft · RM 352 PSF

Feb 2022

Level 6	RM 360,000	RM 384	936 sqft	Dec 2022
Level 8	RM 400,000	RM 427	936 sqft	Aug 2022
Level 27	RM 365,000	RM 390	936 sqft	Jul 2022
Level 20	RM 330,000	RM 352	936 sqft	Feb 2022