TROPICANA BAY RESIDENCES

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 48 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 687.

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 550K, with most transactions falling within a stable range of RM 459K to RM 641K, and a typical market range of RM 478K to RM 623K.

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

The median PSF stands at RM 687, with core pricing between RM 562 and RM 812. Market pricing typically extends from RM 640.00 to RM 734.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 125 (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. Moderate transaction volume may require patience when buying or selling.