Ocean View (Bandar Sri Pinang)

The Ocean View, Bandar Sri Pinang, Jelutong, Penang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM430,000
PSF
RM493

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM430,000
Level 9
872 sqft · RM493 PSF
RM415,000
Level 8
872 sqft · RM476 PSF
RM440,000
Level 2
872 sqft · RM505 PSF
RM437,000
Level 6
872 sqft · RM501 PSF
900 sqft
Flat
RM430,000
Level 9
893 sqft · RM481 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM430,000

RM493 psf

Median transaction price

Ocean View (Bandar Sri Pinang)
© OpenStreetMap · CARTO

The Ocean View, Bandar Sri Pinang, Jelutong, Penang, Malaysia

Maps

Ocean View (Bandar Sri Pinang) in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM430K and a median price per square foot (PSF) of RM493.

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 RM430K, with most transactions falling within a stable range of RM421K to RM439K, and a typical market range of RM415K to RM440K.

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

For price per square foot, the median is RM493, with most transactions between RM482 and RM504. The usual range is RM469.94 to RM516.44, showing that most units are priced quite close to each other. A typical spread (IQR) of RM46.50 and an average deviation (MAD) of RM11 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. Limited transaction history suggests carefully evaluating comparable sales data.