LIST

Penang, Seberang Perai Utara, Butterworth

OCEAN VIEW RESIDENCES

Area Intelligence
2024
Median Price
RM 326,500
PSF: RM 349
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Residential PSF Trends

Median Price

RM 326,500

PSF: RM 349

Commercial PSF Trends

Median Price

RM 320,000

RM 283 PSF

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2024, with a median price of RM 327K and a median price per square foot (PSF) of RM 349.

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 327K, with most transactions falling within a stable range of RM 289K to RM 364K, and a typical market range of RM 291K to RM 362K.

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

The median PSF stands at RM 349, with core pricing between RM 313 and RM 385. Market pricing typically extends from RM 312.50 to RM 384.50, reflecting moderate variation in unit pricing. 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

8 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

No Properties For Sale

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

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