Ocean View Residences, Butterworth

Ocean View Residences is a freehold apartment located in Butterworth, Seberang Perai. There are 386 units available at this project with built-up from 938 sf to 1,100 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 about Jun 2012.

OSK Property Holdings Bhd (fka PJ Development / PJD) is a very large-sized real estate company listed on KLSE, and it has constructed around 66 real estate projects in Malaysia. Other similar projects by the same developer are Eclipse Residence, Endah Regal, Endah Ria, Hartamas Regency 2, Oakleaf Park, Park View Tower, Solstice, USJ One Condominium, Woodsbury and You Vista.

Property Type
Apartment
Land Tenure
Freehold
Built-up
938 sf - 1,100 sf
Market Price
RM380,000 - RM400,000
Density
386 Units
Completed In
Jun 2012
Launch Price
About RM230 psf

This apartment has some amenities nearby, for example schools and universities. The following are some main schools here:

The current rental yield of Ocean View Residences is around 3.73%, compared to 4.48% a year ago in Q1 2019. The highest rental yield ever recorded was 9.0% in Q4 2012; while the lowest one was 3.73% in Q3 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Ocean View Residences is 3-bedroom / 938 sf with a median price of RM410 psf. For price wise, the most expensive one is 3-bedroom / 938 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM360 psf.

Latest Ocean View Residences for sale listings:

DateTypeBuilt-upPrice
12 Sep 2020Condominium938 sfRM365,000
11 Sep 2020Condominium938 sfRM330,000
25 Jul 2020Condominium938 sfRM370,000
17 Aug 2020Condominium938 sfRM330,000
5 Sep 2020Condominium938 sfRM388,000
25 Jul 2020Condominium1,100 sfRM470,000
7 Sep 2020Condominium1,982 sfRM890,000
24 Aug 2020Condominium938 sfRM438,000
24 Aug 2020Condominium938 sfRM415,000
8 Aug 2020Condominium938 sfRM328,000

Latest Ocean View Residences for rent listings:

DateTypeBuilt-upRental
9 Sep 2020Condominium938 sfRM1,300
13 Sep 2020Low-Cost Flat938 sfRM1,600
12 Sep 2020Low-Cost Flat950 sfRM1,300
31 Jul 2020Condominium938 sfRM1,600
29 Aug 2020Condominium1,100 sfRM1,550
27 Aug 2020Condominium938 sfRM1,400
6 Aug 2020Condominium1,100 sfRM1,250
13 Aug 2020Condominium938 sfRM1,500
12 Aug 2020Condominium1,100 sfRM1,300
12 Aug 2020Condominium938 sfRM1,150
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