Penang
Timur Laut
Georgetown
OCEAN VIEW (BANDAR SRI PINANG)

OCEAN VIEW (BANDAR SRI PINANG)

Area Intelligence

Median Price

RM 438,500

PSF: RM 503

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Residential PSF Trends

Median Price

RM 438,500

PSF: RM 503

OCEAN VIEW (BANDAR SRI PINANG) in Timur Laut, Penang recorded 26 subsale transactions between 2021 and 2025, with a median price of RM 439K and a median price per square foot (PSF) of RM 503.

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 439K, with most transactions falling within a stable range of RM 500K to RM 479K, and a typical market range of RM 500K to RM 457K.

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

For price per square foot, the median is RM 503, with most transactions between RM 457 and RM 549. The usual range is RM 479.25 to RM 525.75, 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 46 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

OSM