Tropicana Bay Residences

Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

15 subsales found

Median
RM 610,000
PSF
RM 682
Price Size
RM 718,000
Level 8
1,020 sqft RM 704 PSF
RM 660,000
Level 12
1,020 sqft RM 647 PSF
RM 680,000
Level 12
1,020 sqft RM 667 PSF
RM 800,000
Level 13
1,320 sqft RM 606 PSF
RM 565,000
Level 9
872 sqft RM 648 PSF
RM 700,000
Level 7
1,320 sqft RM 530 PSF
RM 428,000
Level 9
615 sqft RM 696 PSF
RM 600,000
Level 8
872 sqft RM 688 PSF
RM 750,000
Level 4
872 sqft RM 860 PSF
RM 610,000
Level 12
1,020 sqft RM 598 PSF
RM 595,000
Level 19
872 sqft RM 682 PSF
RM 710,000
Level 12
1,020 sqft RM 696 PSF
RM 425,000
Level 21
400 sqft RM 1,063 PSF
RM 595,000
Level 14
872 sqft RM 682 PSF
RM 550,000
Level 22
872 sqft RM 631 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 610,000

RM 682 psf

Median transaction price

Low

Rental Yield Data

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Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Maps

Tropicana Bay Residences in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 610K and a median price per square foot (PSF) of RM 682.

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 610K, with most transactions falling within a stable range of RM 506K to RM 714K, and a typical market range of RM 538K to RM 683K.

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

The median PSF stands at RM 682, with core pricing between RM 562 and RM 803. Market pricing typically extends from RM 635.36 to RM 729.36, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 120 (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.