TROPICALE RESIDENCY Property Investment Analysis
Median Price
RM 670,000
CAGR
+1.5%
Median PSF
RM 358.00
CAGR
-1.3%
Transactions
27
Period
2021-2024
MEDIAN PRICE
RM 670,000
Growth (CAGR):
+1.54%
Stable Range (MAD)
RM 575K -
765K
±RM 95K
Typical Range (IQR)
RM 538K -
802K
50% of properties
Growth Period
(2021-2024)
Start:
RM 639K
End:
RM 669K
MEDIAN PSQFT
RM 358.00
Growth (CAGR):
-1.26%
Stable Range (MAD)
RM 319.00 -
397.00
±RM 39.00
Typical Range (IQR)
RM 320.25 -
395.75
50% of properties
Growth Period
(2021-2024)
Start:
RM 360.50
End:
RM 347.00
TOTAL TRANSACTIONS
27
PERIOD
2021 - 2024
TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 670K and a median price per square foot (PSF) of RM 358.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 670K, with most transactions falling within a stable range of RM 575K to RM 765K, and a typical market range of RM 565K to RM 802K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 358, with core pricing between RM 319 and RM 397. Market pricing typically extends from RM 320.25 to RM 395.75, reflecting moderate variation in unit pricing. With an IQR of RM 75.50 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
27 found
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 4
RM 668,000
PSF:
RM 322.00
Area:
2,072 sqft
Date:
Sep 2024
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 633,000
PSF:
RM 372.00
Area:
1,700 sqft
Date:
Aug 2024
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 1
RM 670,000
PSF:
RM 418.00
Area:
1,604 sqft
Date:
Jul 2024
Detached
LORONG TROPIKA 6
RM 2,600,000
PSF:
RM 311.00
Area:
8,353 sqft
Date:
Jan 2024
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 4
RM 700,000
PSF:
RM 431.00
Area:
1,625 sqft
Date:
Aug 2023
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 850,000
PSF:
RM 364.00
Area:
2,336 sqft
Date:
Apr 2023
Detached
LORONG TROPIKA 7
RM 2,000,000
PSF:
RM 354.00
Area:
5,651 sqft
Date:
Mar 2023
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 4
RM 568,000
PSF:
RM 380.00
Area:
1,493 sqft
Date:
Mar 2023
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 679,000
PSF:
RM 399.00
Area:
1,700 sqft
Date:
Mar 2023
Detached
LORONG TROPIKA 7
RM 878,000
PSF:
RM 316.00
Area:
2,777 sqft
Date:
Jan 2023
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 650,000
PSF:
RM 445.00
Area:
1,460 sqft
Date:
Nov 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 575,000
PSF:
RM 338.00
Area:
1,700 sqft
Date:
Nov 2022
Detached
LORONG TROPIKA 7
RM 825,000
PSF:
RM 327.00
Area:
2,526 sqft
Date:
Sep 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 640,000
PSF:
RM 438.00
Area:
1,460 sqft
Date:
Aug 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 4
RM 650,000
PSF:
RM 401.00
Area:
1,620 sqft
Date:
Aug 2022
Detached
LORONG TROPIKA 3
RM 968,000
PSF:
RM 319.00
Area:
3,035 sqft
Date:
Jun 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 628,000
PSF:
RM 432.00
Area:
1,453 sqft
Date:
May 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 4
RM 580,000
PSF:
RM 358.00
Area:
1,620 sqft
Date:
May 2022
Detached
LORONG TROPIKA 3
RM 1,270,000
PSF:
RM 300.00
Area:
4,230 sqft
Date:
May 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 638,000
PSF:
RM 437.00
Area:
1,460 sqft
Date:
Apr 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 780,000
PSF:
RM 287.00
Area:
2,720 sqft
Date:
Mar 2022
Detached
LORONG TROPIKA 5
RM 1,035,000
PSF:
RM 356.00
Area:
2,906 sqft
Date:
Mar 2022
Detached
LORONG TROPIKA 6
RM 960,000
PSF:
RM 339.00
Area:
2,830 sqft
Date:
Jan 2022
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 1
RM 565,000
PSF:
RM 352.00
Area:
1,604 sqft
Date:
Dec 2021
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 628,000
PSF:
RM 369.00
Area:
1,700 sqft
Date:
Dec 2021
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 4
RM 920,000
PSF:
RM 253.00
Area:
3,631 sqft
Date:
Nov 2021
2 - 2 1/2 Storey Terraced
LORONG TROPIKA 2
RM 650,000
PSF:
RM 382.00
Area:
1,700 sqft
Date:
Sep 2021
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 4
|
RM 668,000
|
RM 322.00
|
2,072 sqft
|
Sep 2024
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 633,000
|
RM 372.00
|
1,700 sqft
|
Aug 2024
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 1
|
RM 670,000
|
RM 418.00
|
1,604 sqft
|
Jul 2024
|
| Detached |
LORONG TROPIKA 6
|
RM 2,600,000
|
RM 311.00
|
8,353 sqft
|
Jan 2024
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 4
|
RM 700,000
|
RM 431.00
|
1,625 sqft
|
Aug 2023
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 850,000
|
RM 364.00
|
2,336 sqft
|
Apr 2023
|
| Detached |
LORONG TROPIKA 7
|
RM 2,000,000
|
RM 354.00
|
5,651 sqft
|
Mar 2023
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 4
|
RM 568,000
|
RM 380.00
|
1,493 sqft
|
Mar 2023
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 679,000
|
RM 399.00
|
1,700 sqft
|
Mar 2023
|
| Detached |
LORONG TROPIKA 7
|
RM 878,000
|
RM 316.00
|
2,777 sqft
|
Jan 2023
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 650,000
|
RM 445.00
|
1,460 sqft
|
Nov 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 575,000
|
RM 338.00
|
1,700 sqft
|
Nov 2022
|
| Detached |
LORONG TROPIKA 7
|
RM 825,000
|
RM 327.00
|
2,526 sqft
|
Sep 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 640,000
|
RM 438.00
|
1,460 sqft
|
Aug 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 4
|
RM 650,000
|
RM 401.00
|
1,620 sqft
|
Aug 2022
|
| Detached |
LORONG TROPIKA 3
|
RM 968,000
|
RM 319.00
|
3,035 sqft
|
Jun 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 628,000
|
RM 432.00
|
1,453 sqft
|
May 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 4
|
RM 580,000
|
RM 358.00
|
1,620 sqft
|
May 2022
|
| Detached |
LORONG TROPIKA 3
|
RM 1,270,000
|
RM 300.00
|
4,230 sqft
|
May 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 638,000
|
RM 437.00
|
1,460 sqft
|
Apr 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 780,000
|
RM 287.00
|
2,720 sqft
|
Mar 2022
|
| Detached |
LORONG TROPIKA 5
|
RM 1,035,000
|
RM 356.00
|
2,906 sqft
|
Mar 2022
|
| Detached |
LORONG TROPIKA 6
|
RM 960,000
|
RM 339.00
|
2,830 sqft
|
Jan 2022
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 1
|
RM 565,000
|
RM 352.00
|
1,604 sqft
|
Dec 2021
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 628,000
|
RM 369.00
|
1,700 sqft
|
Dec 2021
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 4
|
RM 920,000
|
RM 253.00
|
3,631 sqft
|
Nov 2021
|
| 2 - 2 1/2 Storey Terraced |
LORONG TROPIKA 2
|
RM 650,000
|
RM 382.00
|
1,700 sqft
|
Sep 2021
|