Penang
Timur Laut
13
TROPICANA BAY RESIDENCES

TROPICANA BAY RESIDENCES

Area Intelligence

2022

Median Price

RM 618,000

PSF: RM 654

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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 564K to RM 500K, and a typical market range of RM 546K to RM 500K.

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

Price per square foot shows a median of RM 654, though individual units vary from RM 513 to RM 795 in the core range. The broader market spans RM 607.00 to RM 701.00, indicating diverse property characteristics. The spread of RM 94.00 (IQR) and deviation of RM 141 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

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TROPICANA BAY RESIDENCES, Timur Laut, Penang

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Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 395,000

Level 19

455 sqft • RM 868.00 PSF

Dec 2022

RM 480,000

Level 19

550 sqft • RM 873.00 PSF

Sep 2022

RM 500,000

Level 10

872 sqft • RM 573.00 PSF

Sep 2022

RM 360,000

Level 9

455 sqft • RM 791.00 PSF

Jun 2022

RM 400,000

Level 9

400 sqft • RM 1,000.00 PSF

May 2022

Road	Price	Land PSF	Land	Date	Type
Level 19	RM 395,000	RM 868.00	455 sqft	Dec 2022	Condo/Apartment
Level 19	RM 480,000	RM 873.00	550 sqft	Sep 2022	Condo/Apartment
Level 10	RM 500,000	RM 573.00	872 sqft	Sep 2022	Condo/Apartment
Level 9	RM 360,000	RM 791.00	455 sqft	Jun 2022	Condo/Apartment
Level 9	RM 400,000	RM 1,000.00	400 sqft	May 2022	Condo/Apartment