Tropicale Residency
30, Jalan Machang Bubok 2, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
30, Jalan Machang Bubok 2, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Tropika 1
|
RM 800,000
|
RM 531
|
1,507 sqft
|
|
|
|
Lorong Tropika 1
|
RM 670,000
|
RM 445
|
1,507 sqft
|
|
|
Lorong Tropika 2
|
RM 633,000
|
RM 397
|
1,593 sqft
|
|
|
Lorong Tropika 4
|
RM 668,000
|
RM 378
|
1,765 sqft
|
|
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Market Snapshot
ResidentialRM 669,000
RM 421 psfMedian transaction price
30, Jalan Machang Bubok 2, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTropicale Residency in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 669K and a median price per square foot (PSF) of RM 421.
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 669K, with most transactions falling within a stable range of RM 633K to RM 733K, and a typical market range of RM 633K to RM 795K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 421, with core pricing between RM 362 and RM 480. Market pricing typically extends from RM 381.23 to RM 460.73, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 59, 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. Limited transaction history suggests carefully evaluating comparable sales data.