LIST

Penang, Timur Laut, Tanjung Bungah

GRAND OCEAN APARTMENT

Area Intelligence
2022
Median Price
RM 584,000
PSF: RM 500
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Residential PSF Trends

Median Price

RM 584,000

PSF: RM 500

GRAND OCEAN APARTMENT in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 584K and a median price per square foot (PSF) of RM 500.

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 584K, with most transactions falling within a stable range of RM 500K to RM 1.04 million, and a typical market range of RM 520K to RM 648K.

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

For price per square foot, the median is RM 500, with most transactions between RM 480 and RM 519. The usual range is RM 482.00 to RM 517.00, 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 20 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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GRAND OCEAN APARTMENT, Timur Laut, Penang

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,050 sqft
Condo/Apartment
RM 500,000
Level 10
1,055 sqft · RM 474 PSF
1,100 sqft
Condo/Apartment
RM 520,000
Level 13
1,076 sqft · RM 483 PSF
1,250 sqft
Condo/Apartment
RM 648,000
Level 15
1,249 sqft · RM 519 PSF
3,100 sqft
Condo/Apartment
RM 1,600,000
Level 18
3,100 sqft · RM 516 PSF

No Properties For Sale

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

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