Ocean View Residences is one of the relatively newer condominiums located on the mainland of Penang within Butterworth. It is an exclusive development which is tucked into a quiet corner of a housing area consisting mainly of landed properties. It is a centrally located home, with the Penang Bridge only 20 minutes away from home and the ferry terminal a short drive away.
No articles available for this property.
Would you like to see our Articles page instead?
CLICK HERE TO USE MAP
Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Ocean View Residences | June 2012 |
RM330,000
-
RM450,000
RM 351 psf - RM 447 psf |
RM950 - RM950 | NIL | 3.96 % |
| Wellesley Residences | July 2014 |
RM315,000
-
RM660,000
RM 337 psf - RM 552 psf |
RM900 - RM900 | NIL | 3.57 % |
| Taman Limbungan Indah | 2010 |
RM655,000
-
RM655,000
RM 315 psf - RM 315 psf |
RM1,200 - RM1,200 | NIL | 2.2 % |
| Sea View Tower | 2008 |
RM280,000
-
RM700,000
RM 273 psf - RM 701 psf |
RM450 - RM450 | NIL | 2.02 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | RM 388 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 361 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 425 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 35,500 |
| Loan Amount ( 90 %) | RM 319,500 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Ocean View Residences? Fill in your details and we will get right back to you!
