TROPICALE RESIDENCY

TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 28 subsale transactions between 2021 and 2025, with a median price of RM 675K and a median price per square foot (PSF) of RM 361.

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 675K, with most transactions falling within a stable range of RM 572K to RM 777K, and a typical market range of RM 565K to RM 800K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 361, with core pricing between RM 322 and RM 401. Market pricing typically extends from RM 321.25 to RM 400.75, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 40, 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.