GRAND OCEAN APARTMENT

GRAND OCEAN APARTMENT in Timur Laut, Penang recorded 9 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, 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 495K to RM 928K, and a typical market range of RM 536K to RM 664K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 507, with most transactions between RM 475 and RM 539. 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 32 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.