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, Sea View Condominium, Solstice, Wellesley Residences, Woodsbury and You Vista.

Property Type
Land Tenure
938 sf - 2,100 sf
Market Price
RM320,000 - RM610,000
Total Units
386 Units
Completion Date
Jun 2012
Launch Price
About RM230 psf

This condominium has some amenities nearby, for example, schools and universities. The following are some of the major schools here:

The current rental yield of Ocean View Residences is around 2.92%, compared to 4.24% 2 years ago in Q4 2021. The highest rental yield ever recorded was 7.65% in Q3 2013; while the lowest one was 2.92% 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 RM340 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.

Latest Ocean View Residences sale listings:

DateProperty TypeBuilt-upPrice
18 Jul 2023Condominium936 sfRM365,000
6 Apr 2023Condominium936 sfRM370,000
7 Mar 2022Condominium938 sfRM340,000
7 Mar 2022Condominium1,100 sfRM360,000

Latest Ocean View Residences rental listings:

DateProperty TypeBuilt-upRental
10 Sep 2023Condominium936 sfRM999
8 Sep 2023Condominium938 sfRM1,002
24 Aug 2023Single Room-NA-RM650
24 Aug 2023Condominium938 sfRM950
19 Aug 2023Master Room-NA-RM800
6 Sep 2022Condominium1,000 sfRM1,000
22 Feb 2022Condominium938 sfRM1,200
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