RIVER TROPICS Property Investment Analysis
RIVER TROPICS in Seberang Perai Tengah, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 362.
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 500K, with most transactions falling within a stable range of RM 405K to RM 595K, and a typical market range of RM 431K to RM 570K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 362, though individual units vary from RM 284 to RM 440 in the core range. The broader market spans RM 313.38 to RM 410.63, indicating diverse property characteristics. The spread of RM 97.25 (IQR) and deviation of RM 78 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condominium/Apartment |
|
RM 500,000
|
RM 357.00
|
1,399 sqft
|
Jan 2025
|
Condominium/Apartment |
|
RM 499,000
|
RM 349.00
|
1,432 sqft
|
Jul 2024
|
Condominium/Apartment |
|
RM 490,000
|
RM 348.00
|
1,410 sqft
|
May 2024
|
Condominium/Apartment |
|
RM 647,000
|
RM 442.00
|
1,464 sqft
|
Sep 2023
|
Condominium/Apartment |
|
RM 490,000
|
RM 335.00
|
1,464 sqft
|
May 2023
|
Condominium/Apartment |
|
RM 500,000
|
RM 363.00
|
1,378 sqft
|
Apr 2023
|
Condominium/Apartment |
|
RM 410,000
|
RM 286.00
|
1,432 sqft
|
Nov 2022
|
Condominium/Apartment |
|
RM 635,000
|
RM 444.00
|
1,432 sqft
|
May 2022
|
Condominium/Apartment |
|
RM 482,000
|
RM 361.00
|
1,336 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 400,000
|
RM 273.00
|
1,464 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 629,000
|
RM 471.00
|
1,336 sqft
|
Dec 2021
|
Condominium/Apartment |
|
RM 667,000
|
RM 499.00
|
1,336 sqft
|
Dec 2021
|
Condominium/Apartment |
|
RM 624,000
|
RM 446.00
|
1,399 sqft
|
Dec 2021
|
Condominium/Apartment |
|
RM 629,000
|
RM 450.00
|
1,399 sqft
|
Dec 2021
|