TROPICANA BAY RESIDENCES

Area Intelligence
2022
Median Price
RM 618,000
PSF: RM 654

Residential PSF Trends

Median Price

RM 618,000

PSF: RM 654

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 33 subsale transactions in 2022, with a median price of RM 618K and a median price per square foot (PSF) of RM 654.

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 618K, with most transactions falling within a stable range of RM 518K to RM 718K, and a typical market range of RM 546K to RM 691K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 654, with core pricing between RM 574 and RM 734. Market pricing typically extends from RM 607.00 to RM 701.00, reflecting moderate variation in unit pricing. With an IQR of RM 94.00 and MAD of RM 80, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

Loading map...

TROPICANA BAY RESIDENCES, Timur Laut, Penang

OSM

Track location

Transactions

6 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 750,000
Level 14
1,020 sqft · RM 735 PSF
1,300 sqft
Condo/Apartment
RM 760,000
Level 5
1,320 sqft · RM 576 PSF
RM 870,000
Level 16
1,320 sqft · RM 659 PSF
RM 800,000
Level 18
1,320 sqft · RM 606 PSF
RM 870,000
Level 9
1,320 sqft · RM 659 PSF
RM 750,000
Level 13
1,320 sqft · RM 568 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