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
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 18
|
RM 610,000
|
RM 700
|
872 sqft
|
|
Condo |
|
Level 13
|
RM 725,000
|
RM 831
|
872 sqft
|
|
Condo |
|
Level 17
|
RM 590,000
|
RM 677
|
872 sqft
|
|
Condo |
|
Level 16
|
RM 645,000
|
RM 613
|
1,053 sqft
|
|
Condo |
|
Level 16
|
RM 645,000
|
RM 617
|
1,045 sqft
|
|
Condo |
|
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 7
|
RM 360,000
|
RM 791
|
455 sqft
|
|
Condo |
|
Level 12
|
RM 570,000
|
RM 654
|
872 sqft
|
|
Condo |
|
Level 6
|
RM 400,000
|
RM 1,000
|
400 sqft
|
|
Condo |
|
Level 20
|
RM 750,000
|
RM 568
|
1,320 sqft
|
|
Condo |
|
Level 15
|
RM 1,000,000
|
RM 667
|
1,500 sqft
|
|
Condo |
|
Level 20
|
RM 690,000
|
RM 676
|
1,020 sqft
|
|
Condo |
|
Level 9
|
RM 400,000
|
RM 879
|
455 sqft
|
|
Condo |
|
Level 19
|
RM 755,000
|
RM 572
|
1,320 sqft
|
|
Condo |
|
Level 7
|
RM 750,000
|
RM 735
|
1,020 sqft
|
|
Condo |
|
Level 13
|
RM 508,000
|
RM 583
|
872 sqft
|
|
Condo |
|
Level 15
|
RM 595,000
|
RM 569
|
1,045 sqft
|
|
Condo |
|
Level 7
|
RM 585,000
|
RM 574
|
1,020 sqft
|
|
Condo |
|
Level 21
|
RM 695,000
|
RM 681
|
1,020 sqft
|
|
Condo |
|
Level 21
|
RM 590,000
|
RM 578
|
1,020 sqft
|
|
Condo |
|
Level 8
|
RM 600,000
|
RM 588
|
1,020 sqft
|
|
Condo |
|
Level 10
|
RM 650,000
|
RM 745
|
872 sqft
|
|
Condo |
|
Level 12
|
RM 650,000
|
RM 745
|
872 sqft
|
|
Condo |
|
Level 14
|
RM 660,000
|
RM 757
|
872 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 645,000
RM 672 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsTropicana Bay Residences in Timur Laut, Penang recorded 26 subsale transactions in 2023, with a median price of RM 645K and a median price per square foot (PSF) of RM 672.
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 645K, with most transactions falling within a stable range of RM 519K to RM 771K, and a typical market range of RM 573K to RM 718K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 672, with core pricing between RM 566 and RM 777. Market pricing typically extends from RM 624.58 to RM 718.58, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 105 (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.