GRAND OCEAN APARTMENT

Area Intelligence
Median Price
RM 574,000
PSF: RM 495

Residential PSF Trends

Median Price

RM 574,000

PSF: RM 495

GRAND OCEAN APARTMENT in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 574K and a median price per square foot (PSF) of RM 495.

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 574K, with most transactions falling within a stable range of RM 513K to RM 635K, and a typical market range of RM 510K to RM 638K.

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

For price per square foot, the median is RM 495, with most transactions between RM 461 and RM 529. The usual range is RM 477.50 to RM 512.50, 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 34 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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GRAND OCEAN APARTMENT, Timur Laut, Penang

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Transactions

8 transactions grouped by size

1,050 sqft
Condo/Apartment
RM 495,000
Level 7
1,055 sqft · RM 469 PSF
RM 500,000
Level 10
1,055 sqft · RM 474 PSF
1,100 sqft
Condo/Apartment
RM 625,000
Level 3
1,076 sqft · RM 581 PSF
RM 548,000
Level 15
1,076 sqft · RM 509 PSF
RM 520,000
Level 13
1,076 sqft · RM 483 PSF
1,250 sqft
Condo/Apartment
RM 600,000
Level 5
1,249 sqft · RM 481 PSF
RM 648,000
Level 15
1,249 sqft · RM 519 PSF
1,300 sqft
Condo/Apartment
RM 650,000
Level 2
1,281 sqft · RM 507 PSF

No Properties For Sale

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

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