The Oceanview

Lorong Sungai Pinang

About this project

The Oceanview is a high-rise non-landed project situated in the township of Sungai Pinang in Penang. This project was completed in the year 2004. Nearby developments include Serina Bay and The Spring apartment.

The Oceanview consists of one 11-storey apartment tower with a total of 440 units. Built-up size ranges from 860 sq. ft. to 880 sq. ft., comprising three bedrooms and two bathrooms. 

Facilities available at The Oceanview include 24-hours security, car park, landscaped garden, swimming pool, gymnasium, community hall, BBQ area and playground. Amenities in the vicinity are aplenty, namely 24-hour Aman Clinic, Kidiland Montessori, SK Sungai Gelugor, SK Minden Height.
Property Type
Condominium/Apartment
Total Units
440
Tenure
Leasehold

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Swimming Pool
  • done
    Fitness Centre
  • done
    Park and Garden
  • done
    Banquet Hall
  • done
    BBQ Area

Location

View map

Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 5 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
06 Apr 1212 Apr 19872 ft²499325155,0006.5
17 Nov 1131 Dec 18872 ft²43638643,0001.7
13 Sep 1224 Aug 17872 ft²573405147,0007.3
13 Dec 0302 Sep 141,227 ft²513166425,80011.1
20 Jan 0424 Feb 141,227 ft²24516597,8004

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Unprofitable Transactions (Limited to 5 Total of 7 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
13 Jan 1531 Dec 18872 ft²568568--
22 Jan 1616 Mar 17872 ft²562573-10000-1.7
06 Aug 1520 Jan 17872 ft²516585-60000-8.2
13 Jul 1527 Jun 16872 ft²533585-45000-9.2
11 Sep 1205 Nov 12893 ft²425375-80000-71.9

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 2 more unprofitable transactions

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0 ±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0 ±

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