OCEAN VIEW (BANDAR SRI PINANG) in Timur Laut, Penang recorded 4 subsale transactions in 2025, with a median price of RM 413K and a median price per square foot (PSF) of RM 473.
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 413K, with most transactions falling within a stable range of RM 397K to RM 488K, and a typical market range of RM 397K to RM 431K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 473, with core pricing between RM 386 and RM 560. Market pricing typically extends from RM 449.75 to RM 496.25, reflecting moderate variation in unit pricing. The spread of RM 46.50 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.
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.
