Tropicana Bay Residences
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 9
|
RM 565,000
|
RM 648
|
872 sqft
|
|
|
|
Level 8
|
RM 600,000
|
RM 688
|
872 sqft
|
|
|
|
Level 4
|
RM 750,000
|
RM 860
|
872 sqft
|
|
|
Level 8
|
RM 718,000
|
RM 704
|
1,020 sqft
|
|
|
|
Level 12
|
RM 660,000
|
RM 647
|
1,020 sqft
|
|
|
|
Level 12
|
RM 680,000
|
RM 667
|
1,020 sqft
|
|
|
|
Level 12
|
RM 610,000
|
RM 598
|
1,020 sqft
|
|
|
Level 13
|
RM 800,000
|
RM 606
|
1,320 sqft
|
|
|
|
Level 7
|
RM 700,000
|
RM 530
|
1,320 sqft
|
|
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Market Snapshot
ResidentialRM 670,000
RM 657 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsTropicana Bay Residences in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 670K and a median price per square foot (PSF) of RM 657.
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 670K, with most transactions falling within a stable range of RM 569K to RM 771K, and a typical market range of RM 598K to RM 743K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 657, with core pricing between RM 575 and RM 740. Market pricing typically extends from RM 610.35 to RM 704.35, reflecting moderate variation in unit pricing. With an IQR of RM 94.00 and MAD of RM 82, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.