Seberang Perai Utara, Penang · Freehold · 33 transactions
Median Price
RM380K
RM330K – RM400K
Median PSF
RM379
RM336 – RM411
Transactions
33
2022-02 to 2025-11
Size Range
936 – 1109
sq.ft (built-up)
Data-driven insights for OCEAN VIEW RESIDENCES
Earliest PSF (2022)
RM384
Current PSF (2025)
RM411
Capital Gain
+6.9%
Total Return (est.)
6.3% p.a.
| Capital appreciation (3 years) | +6.9% |
| Annualised capital return | +2.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 6.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +8.4% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 950 sqft | 23 | RM360K | RM384 |
| 1,100 sqft | 10 | RM415K | RM374 |
PSF Trend: Stable
PSF moved from RM384 (2022) to RM411 (2025)
Liquidity: Moderate
33 transactions over 3 years (~11/year)
4% above Seberang Perai Utara average
This project: RM379 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 6.3% p.a. (beats FD)
Capital gain (2.3% p.a.) + rental yield (~4% p.a.)
OCEAN VIEW RESIDENCES delivers a strong estimated total return of 6.3% p.a. — comprising +2.3% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Seberang Perai Utara average, suggesting fair market pricing. Best suited for long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | Condominium/Apartment | Freehold | 936 | RM299 | RM280K |
| Nov 2025 | Condominium/Apartment | Freehold | 936 | RM406 | RM380K |
| Nov 2025 | Condominium/Apartment | Freehold | 936 | RM427 | RM400K |
| Jul 2025 | Condominium/Apartment | Freehold | 936 | RM411 | RM385K |
| Jul 2025 | Condominium/Apartment | Freehold | 936 | RM342 | RM320K |
28 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 33 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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