Sale Price *

Average
RM 357 psf
Range
RM 302 - 382 psf

Rental Price **

Average
N/A
Range
N/A

Rental Yield **

5.03%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average
RM 357 psf
Range
RM 302 - 382 psf

Rental Price **

N/A
Range
N/A

Rental Yield **

5.03%

Rental income expressed as a percentage of the property's value.

Ocean View Residences, Butterworth Insights

Developer:PJ Development Holdings
Architect:
Main Contractor:
Land Size (sqm):
GFA (sqm):
Plot Ratio (Incl. Bonus):
Project Name:Ocean View Residences
Street Name:Off Jalan New Ferry, Butterworth, 12100, Penang
Postal Code:12100
Property Type:Condominium/Apartment
Tenure:
District/Planning Area:Butterworth
Completion:N/A
Number of Landed Units:0 units
Number of Non Landed Units:386 units
Sold Price Range/Average*:RM 302 psf - RM 382 psf / RM 357 psf
Leased Rental Range/Average**:
Implied rental yield**:5.03%
Historical High:RM 383 psf in Dec 2018 for a 1,109-sqft unit
Indicative Average Price from Historical High:%
Historical Low:RM 262 psf in Mar 2023 for a 1,109-sqft unit
Buyer Profile by Residential Status:
Buyer Profile by Purchaser Address:
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.
Amenities
24-hour Security
Jacuzzi
Sauna
Swimming Pool
Fitness Centre
Park and Garden
Banquet Hall
BBQ Area

About This Project

Ocean View Residences is a high-rise condominium situated in the township of Butterworth in Penang. This project was developed by PJ Development Holdings and was completed in the year 2012. This is part of the Harbour Place development that is scheduled to be completed in year 2017. Ocean View Residences consists of one 30-storey condominium tower with a total of 386 units. Built-up size for the units are 938 sq. ft. for a smaller unit and 1100 sq. ft. for a bigger unit. Facilities available at Ocean View Residences are swimming pool, Jacuzzi, gymnasium, Sauna, BBQ area, playground, basketball court and 24-hour security. This project is easily accessible via Lingkaran Luar Butterworth highway, Jalan Harbour Palace, Jalan Assumption, Jalan New Ferry and Jalan Sungai Nyior. Besides that, Butterworth bus station and ferry terminal are within close proximity from this project.

Sales Transaction of Ocean View Residences

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