TROPICANA BAY RESIDENCES

Area Intelligence
2021
Median Price
RM 530,000
PSF: RM 631

Residential PSF Trends

Median Price

RM 530,000

PSF: RM 631

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 13 subsale transactions in 2021, with a median price of RM 530K 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 530K, with most transactions falling within a stable range of RM 464K to RM 596K, and a typical market range of RM 458K to RM 600K.

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

The median PSF stands at RM 631, with core pricing between RM 507 and RM 755. 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 124 (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

13 transactions grouped by size

450 sqft
Condo/Apartment
RM 400,000
Level 14
455 sqft · RM 879 PSF
RM 420,000
Level 4
455 sqft · RM 923 PSF
RM 375,000
Level 5
455 sqft · RM 824 PSF
600 sqft
Condo/Apartment
RM 550,000
Level 5
615 sqft · RM 894 PSF
850 sqft
Condo/Apartment
RM 510,000
Level 9
872 sqft · RM 585 PSF
RM 550,000
Level 12
872 sqft · RM 631 PSF
RM 525,000
Level 11
872 sqft · RM 602 PSF
RM 530,000
Level 16
872 sqft · RM 608 PSF
RM 560,000
Level 11
872 sqft · RM 642 PSF
RM 525,000
Level 17
872 sqft · RM 602 PSF
RM 550,000
Level 17
872 sqft · RM 631 PSF
RM 550,000
Level 21
872 sqft · RM 631 PSF
1,000 sqft
Condo/Apartment
RM 600,000
Level 8
980 sqft · RM 612 PSF

No Properties For Sale

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

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