TROPICALE RESIDENCY

TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 20 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 650K and a median price per square foot (PSF) of RM 381.

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 565K to RM 743K, and a typical market range of RM 565K to RM 776K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 381, with core pricing between RM 324 and RM 438. Market pricing typically extends from RM 341.25 to RM 420.75, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 57, 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. Moderate transaction volume may require patience when buying or selling.