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Penang, Seberang Perai Tengah, 15

TROPICALE RESIDENCY

Area Intelligence
2023
Median Price
RM 700,000
PSF: RM 380
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Residential PSF Trends

Median Price

RM 700,000

PSF: RM 380

TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 380.

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 700K, with most transactions falling within a stable range of RM 585K to RM 815K, and a typical market range of RM 574K to RM 826K.

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

The median PSF stands at RM 380, with core pricing between RM 342 and RM 418. Market pricing typically extends from RM 340.25 to RM 419.75, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 38, 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

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
1,500 sqft
Double Storey Terraced
RM 568,000
LORONG TROPIKA 4
1,493 sqft · RM 380 PSF
1,600 sqft
Double Storey Terraced
RM 700,000
LORONG TROPIKA 4
1,625 sqft · RM 431 PSF
1,700 sqft
Double Storey Terraced
RM 679,000
LORONG TROPIKA 2
1,700 sqft · RM 399 PSF
2,350 sqft
Double Storey Terraced
RM 850,000
LORONG TROPIKA 2
2,336 sqft · RM 364 PSF
2,800 sqft
Bungalow
RM 878,000
LORONG TROPIKA 7
2,777 sqft · RM 316 PSF

No Properties For Sale

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

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