Penang
Seberang Perai Tengah
15
TROPICALE RESIDENCY

TROPICALE RESIDENCY

Area Intelligence

Median Price

RM 2,300,000

PSF: RM 333

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Residential PSF Trends

Median Price

RM 2,300,000

PSF: RM 333

TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 333.

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 2.30 million, with most transactions falling within a stable range of RM 2.00 million to RM 2.60 million, and a typical market range of RM 2.17 million to RM 2.43 million.

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 333, with most transactions between RM 311 and RM 354. The usual range is RM 292.75 to RM 372.25, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TROPICALE RESIDENCY, Seberang Perai Tengah, Penang

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