OCEAN VIEW RESIDENCES

Area Intelligence
Condo/Apartment
Median Price
RM 365,000
PSF: RM 374

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 27 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 365K and a median price per square foot (PSF) of RM 374.

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 365K, with most transactions falling within a stable range of RM 321K to RM 409K, and a typical market range of RM 330K to RM 400K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

The median PSF stands at RM 374, with core pricing between RM 331 and RM 417. Market pricing typically extends from RM 338.00 to RM 410.00, reflecting moderate variation in unit pricing. With an IQR of RM 72.00 and MAD of RM 43, 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. Moderate transaction volume may require patience when buying or selling.

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OCEAN VIEW RESIDENCES, Seberang Perai Utara, Penang

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Transactions

27 transactions grouped by size

950 sqft
Condo/Apartment
RM 388,000
Level 8
936 sqft · RM 414 PSF
RM 400,000
Level 19
936 sqft · RM 427 PSF
RM 390,000
Level 5
936 sqft · RM 416 PSF
RM 315,000
Level 29
936 sqft · RM 336 PSF
RM 415,000
Level 4
936 sqft · RM 443 PSF
RM 310,000
Level 26
936 sqft · RM 331 PSF
1,100 sqft
Condo/Apartment
RM 420,000
Level 10
1,109 sqft · RM 379 PSF
RM 415,000
Level 22
1,109 sqft · RM 374 PSF
RM 420,000
Level 15
1,109 sqft · RM 379 PSF
RM 330,000
Level 23
1,109 sqft · RM 298 PSF
RM 380,000
Level 28
1,109 sqft · RM 343 PSF
RM 338,000
Level 20
1,109 sqft · RM 305 PSF

No Properties For Sale

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

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