OCEAN VIEW RESIDENCES

Area Intelligence
Single Storey Terraced
Median Price
RM 362,500
PSF: RM 372

Residential PSF Trends

Median Price

RM 365,000

PSF: RM 374

Commercial PSF Trends

Median Price

RM 320,000

RM 283 PSF

OCEAN VIEW RESIDENCES in Seberang Perai Utara, Penang recorded 0 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 363K and a median price per square foot (PSF) of RM 372.

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 325K to RM 400K, and a typical market range of RM 327K to RM 398K.

Within the Single Storey Terraced category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 372, with most transactions between RM 336 and RM 408. The usual range is RM 336.00 to RM 408.00, 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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