OCEAN VIEW RESIDENCES

Area Intelligence

2025

Median Price

RM 390,000

PSF: RM 416

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 416

Commercial PSF Trends

Median Price

RM 320,000

RM 283 PSF

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2025, with a median price of RM 390K and a median price per square foot (PSF) of RM 416.

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 390K, with most transactions falling within a stable range of RM 353K to RM 428K, and a typical market range of RM 355K to RM 425K.

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

For price per square foot, the median is RM 416, with most transactions between RM 380 and RM 452. The usual range is RM 380.00 to RM 452.00, 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

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