Tropicale Residency
30, Jalan Machang Bubok 2, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
30, Jalan Machang Bubok 2, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Tropika 7
|
RM 825,000
|
RM 327
|
2,526 sqft
|
|
|
Lorong Tropika 7
|
RM 878,000
|
RM 316
|
2,777 sqft
|
|
|
Lorong Tropika 6
|
RM 960,000
|
RM 339
|
2,830 sqft
|
|
|
Lorong Tropika 5
|
RM 1,035,000
|
RM 356
|
2,906 sqft
|
|
|
Lorong Tropika 3
|
RM 968,000
|
RM 319
|
3,035 sqft
|
|
|
Lorong Tropika 3
|
RM 1,270,000
|
RM 300
|
4,230 sqft
|
|
|
Lorong Tropika 7
|
RM 2,000,000
|
RM 354
|
5,651 sqft
|
|
|
Lorong Tropika 6
|
RM 2,600,000
|
RM 311
|
8,353 sqft
|
|
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Market Snapshot
ResidentialRM 1,001,500
RM 323 psfMedian transaction price
30, Jalan Machang Bubok 2, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTropicale Residency in Seberang Perai Tengah, Penang recorded 8 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 323.
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 1.00 million, with most transactions falling within a stable range of RM 825K to RM 1.60 million, and a typical market range of RM 876K to RM 1.13 million.
Within the Bungalow category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 323, with most transactions between RM 304 and RM 342. The usual range is RM 283.00 to RM 362.50, showing that most units are priced quite close to each other. With an IQR of RM 79.50 and MAD of RM 19, 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.