GRAND OCEAN APARTMENT Property Investment Analysis

GRAND OCEAN APARTMENT in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 507.

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 600K, with most transactions falling within a stable range of RM 548K to RM 652K, and a typical market range of RM 536K to RM 664K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 507, with most transactions between RM 483 and RM 531. The usual range is RM 489.50 to RM 524.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.