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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 12
|
RM 660,000
|
RM 647
|
1,020 sqft
|
|
Condo |
|
Level 8
|
RM 718,000
|
RM 704
|
1,020 sqft
|
|
Condo |
|
Level 12
|
RM 680,000
|
RM 667
|
1,020 sqft
|
|
Condo |
|
Level 12
|
RM 610,000
|
RM 598
|
1,020 sqft
|
|
Condo |
|
Level 12
|
RM 710,000
|
RM 696
|
1,020 sqft
|
|
Condo |
| 2023 | |||||
|
Level 20
|
RM 660,000
|
RM 647
|
1,020 sqft
|
|
Condo |
|
Level 7
|
RM 615,000
|
RM 603
|
1,020 sqft
|
|
Condo |
|
Level 19
|
RM 708,000
|
RM 694
|
1,020 sqft
|
|
Condo |
|
Level 20
|
RM 690,000
|
RM 676
|
1,020 sqft
|
|
Condo |
|
Level 7
|
RM 750,000
|
RM 735
|
1,020 sqft
|
|
Condo |
|
Level 7
|
RM 585,000
|
RM 574
|
1,020 sqft
|
|
Condo |
|
Level 21
|
RM 590,000
|
RM 578
|
1,020 sqft
|
|
Condo |
|
Level 21
|
RM 695,000
|
RM 681
|
1,020 sqft
|
|
Condo |
|
Level 8
|
RM 600,000
|
RM 588
|
1,020 sqft
|
|
Condo |
| 2022 | |||||
|
Level 21
|
RM 620,000
|
RM 608
|
1,020 sqft
|
|
Condo |
|
Level 11
|
RM 678,000
|
RM 665
|
1,020 sqft
|
|
Condo |
|
Level 18
|
RM 650,000
|
RM 637
|
1,020 sqft
|
|
Condo |
|
Level 11
|
RM 695,000
|
RM 681
|
1,020 sqft
|
|
Condo |
|
Level 8
|
RM 618,000
|
RM 606
|
1,020 sqft
|
|
Condo |
|
Level 14
|
RM 750,000
|
RM 735
|
1,020 sqft
|
|
Condo |
|
Level 10
|
RM 638,000
|
RM 625
|
1,020 sqft
|
|
Condo |
|
Level 21
|
RM 600,000
|
RM 588
|
1,020 sqft
|
|
Condo |
|
Level 16
|
RM 670,000
|
RM 657
|
1,019 sqft
|
|
Condo |
| 2021 | |||||
|
Level 18
|
RM 638,000
|
RM 625
|
1,020 sqft
|
|
Condo |
|
Level 10
|
RM 600,000
|
RM 588
|
1,020 sqft
|
|
Condo |
|
Level 8
|
RM 600,000
|
RM 612
|
980 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 655,000
RM 642 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsTropicana Bay Residences in Timur Laut, Penang recorded 26 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM 655K and a median price per square foot (PSF) of RM 642.
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 655K, with most transactions falling within a stable range of RM 606K to RM 704K, and a typical market range of RM 585K to RM 728K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 642, with most transactions between RM 595 and RM 689. The usual range is RM 595.16 to RM 689.16, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 47, 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. Moderate transaction volume may require patience when buying or selling.