TROPICANA BAY RESIDENCES

Area Intelligence
2021
Median Price
RM 550,000
PSF: RM 631

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 631

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 19 subsale transactions in 2021, with a median price of RM 550K and a median price per square foot (PSF) of RM 631.

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 408K to RM 692K, 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 631, with core pricing between RM 521 and RM 741. Market pricing typically extends from RM 584.00 to RM 678.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 110 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TROPICANA BAY RESIDENCES, Timur Laut, Penang

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Transactions

19 transactions found

RM 638,000
Level 18
1,020 sqft RM 625.00 PSF
RM 510,000
Level 9
872 sqft RM 585.00 PSF
RM 870,000
Level 18
1,320 sqft RM 659.00 PSF
RM 400,000
Level 14
455 sqft RM 879.00 PSF
RM 860,000
Level 20
1,320 sqft RM 652.00 PSF
RM 550,000
Level 5
615 sqft RM 894.00 PSF
RM 550,000
Level 12
872 sqft RM 631.00 PSF
RM 525,000
Level 11
872 sqft RM 602.00 PSF
RM 750,000
Level 13
1,320 sqft RM 568.00 PSF
RM 600,000
Level 10
1,020 sqft RM 588.00 PSF
RM 420,000
Level 4
455 sqft RM 923.00 PSF
RM 847,000
Level 21
1,320 sqft RM 642.00 PSF
RM 525,000
Level 17
872 sqft RM 602.00 PSF
RM 560,000
Level 11
872 sqft RM 642.00 PSF
RM 530,000
Level 16
872 sqft RM 608.00 PSF
RM 375,000
Level 5
455 sqft RM 824.00 PSF
RM 550,000
Level 17
872 sqft RM 631.00 PSF
RM 550,000
Level 21
872 sqft RM 631.00 PSF
RM 600,000
Level 8
980 sqft RM 612.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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