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Penang, Timur Laut, Georgetown

OCEAN VIEW (BANDAR SRI PINANG)

Area Intelligence
Median Price
RM 440,000
PSF: RM 504
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Residential PSF Trends

Median Price

RM 440,000

PSF: RM 504

OCEAN VIEW (BANDAR SRI PINANG) in Timur Laut, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 440K and a median price per square foot (PSF) of RM 504.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 420K to RM 460K, and a typical market range of RM 421K to RM 459K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 504, with most transactions between RM 480 and RM 528. The usual range is RM 480.75 to RM 527.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.50 and an average deviation (MAD) of RM 24 indicate a highly stable PSF trend across properties.

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 (BANDAR SRI PINANG), Timur Laut, Penang

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Transactions

27 transactions grouped by size

View Type

Grouped View Individual View
850 sqft
RM 580,000
Level 6
872 sqft · RM 665 PSF
RM 425,000
Level 8
872 sqft · RM 487 PSF
RM 400,000
Level 8
872 sqft · RM 459 PSF
RM 397,000
Level 9
872 sqft · RM 455 PSF
RM 430,000
Level 9
872 sqft · RM 493 PSF
RM 415,000
Level 8
872 sqft · RM 476 PSF
View 18 more transactions
900 sqft
Flat
RM 430,000
Level 9
893 sqft · RM 481 PSF
RM 450,000
Level 8
893 sqft · RM 504 PSF
1,250 sqft
Condo/Apartment
RM 760,000
Level 11
1,227 sqft · RM 619 PSF

No Properties For Sale

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

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