Ocean View Residences, Butterworth

Ocean View Residences is a freehold condominium that is located in Butterworth, Seberang Perai. There are 386 units available at this condominium with built-up from 938 sf to 2,100 sf. It was developed by OSK Property Holdings Bhd (fka PJ Development / PJD) with a launch price at around RM230 psf, and was completed in around Jun 2012.

OSK Property Holdings Bhd (fka PJ Development / PJD) is a huge real estate company listed on KLSE, and it has constructed around 70 real estate projects in Malaysia. Other similar projects by the same developer are Eclipse Residence, Endah Regal, Endah Ria, Oakleaf Park, Park View Tower, Solstice, Wellesley Residences, Woodsbury, You Residences and You Vista.

The only amenities nearby this condominium are some schools. Some of the schools here are Brooksfield Education Private School, SK Convent Butterworth, SK Kuala Perai, SK Sungai Nyior and SMK Convent Butterworth.

The current rental yield of Ocean View Residences is around 4.19%, compared to 3.08% a year ago in Q1 2023. The highest rental yield ever recorded was 6.42% in Q4 2014; while the lowest one was 3.08% in Q1 2023. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Ocean View Residences is 3-bedroom / 938 sf with a median price of RM380 psf. For price wise, the most expensive one is 3-bedroom / 1,100 sf with a median price of RM400 psf; while the cheapest one is 5-bedroom / 2,100 sf with a median price of RM290 psf.