Penang
Seberang Perai Tengah
15
TROPICALE RESIDENCY

TROPICALE RESIDENCY

Area Intelligence

Median Price

RM 850,000

PSF: RM 327

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Residential PSF Trends

Median Price

RM 850,000

PSF: RM 327

TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 850K and a median price per square foot (PSF) of RM 327.

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 850K, with most transactions falling within a stable range of RM 740K to RM 960K, and a typical market range of RM 724K to RM 976K.

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

For price per square foot, the median is RM 327, with most transactions between RM 303 and RM 351. The usual range is RM 287.25 to RM 366.75, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 24, 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.

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TROPICALE RESIDENCY, Seberang Perai Tengah, Penang

OSM

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Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 668,000

LORONG TROPIKA 4

2,072 sqft • RM 322.00 PSF

Sep 2024

RM 850,000

LORONG TROPIKA 2

2,336 sqft • RM 364.00 PSF

Apr 2023

RM 878,000

LORONG TROPIKA 7

2,777 sqft • RM 316.00 PSF

Jan 2023

RM 825,000

LORONG TROPIKA 7

2,526 sqft • RM 327.00 PSF

Sep 2022

RM 780,000

LORONG TROPIKA 2

2,720 sqft • RM 287.00 PSF

Mar 2022

RM 1,035,000

LORONG TROPIKA 5

2,906 sqft • RM 356.00 PSF

Mar 2022

RM 960,000

LORONG TROPIKA 6

2,830 sqft • RM 339.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
LORONG TROPIKA 4	RM 668,000	RM 322.00	2,072 sqft	Sep 2024	Double Storey Terraced
LORONG TROPIKA 2	RM 850,000	RM 364.00	2,336 sqft	Apr 2023	Double Storey Terraced
LORONG TROPIKA 7	RM 878,000	RM 316.00	2,777 sqft	Jan 2023	Bungalow
LORONG TROPIKA 7	RM 825,000	RM 327.00	2,526 sqft	Sep 2022	Bungalow
LORONG TROPIKA 2	RM 780,000	RM 287.00	2,720 sqft	Mar 2022	Double Storey Terraced
LORONG TROPIKA 5	RM 1,035,000	RM 356.00	2,906 sqft	Mar 2022	Bungalow
LORONG TROPIKA 6	RM 960,000	RM 339.00	2,830 sqft	Jan 2022	Bungalow