TROPICALE RESIDENCY

Area Intelligence
2022
Median Price
RM 650,000
PSF: RM 356

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 356

TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 13 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 356.

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 650K, with most transactions falling within a stable range of RM 575K to RM 856K, and a typical market range of RM 575K to RM 776K.

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

The median PSF stands at RM 356, with core pricing between RM 302 and RM 410. Market pricing typically extends from RM 316.25 to RM 395.75, reflecting moderate variation in unit pricing. The spread of RM 79.50 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

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.

Loading map...

TROPICALE RESIDENCY, Seberang Perai Tengah, Penang

OSM

Track location

Transactions

13 transactions grouped by size

1,450 sqft
Double Storey Terraced
RM 650,000
LORONG TROPIKA 2
1,460 sqft · RM 445 PSF
RM 640,000
LORONG TROPIKA 2
1,460 sqft · RM 438 PSF
RM 628,000
LORONG TROPIKA 2
1,453 sqft · RM 432 PSF
RM 638,000
LORONG TROPIKA 2
1,460 sqft · RM 437 PSF
1,600 sqft
Double Storey Terraced
RM 650,000
LORONG TROPIKA 4
1,620 sqft · RM 401 PSF
RM 580,000
LORONG TROPIKA 4
1,620 sqft · RM 358 PSF
1,700 sqft
Double Storey Terraced
RM 575,000
LORONG TROPIKA 2
1,700 sqft · RM 338 PSF
2,550 sqft
Bungalow
RM 825,000
LORONG TROPIKA 7
2,526 sqft · RM 327 PSF
2,700 sqft
Double Storey Terraced
RM 780,000
LORONG TROPIKA 2
2,720 sqft · RM 287 PSF
2,850 sqft
Bungalow
RM 960,000
LORONG TROPIKA 6
2,830 sqft · RM 339 PSF
2,900 sqft
Bungalow
RM 1,035,000
LORONG TROPIKA 5
2,906 sqft · RM 356 PSF
3,050 sqft
Bungalow
RM 968,000
LORONG TROPIKA 3
3,035 sqft · RM 319 PSF
4,250 sqft
Bungalow
RM 1,270,000
LORONG TROPIKA 3
4,230 sqft · RM 300 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access