TROPICANA BAY RESIDENCES

Area Intelligence
2022
Median Price
RM 542,500
PSF: RM 687

Residential PSF Trends

Median Price

RM 542,500

PSF: RM 687

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 543K and a median price per square foot (PSF) of RM 687.

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 543K, with most transactions falling within a stable range of RM 466K to RM 619K, and a typical market range of RM 470K to RM 615K.

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

The median PSF stands at RM 687, with core pricing between RM 564 and RM 810. Market pricing typically extends from RM 640.00 to RM 734.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 123 (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

16 transactions grouped by size

400 sqft
Condo/Apartment
RM 400,000
Level 9
400 sqft · RM 1,000 PSF
450 sqft
Condo/Apartment
RM 395,000
Level 19
455 sqft · RM 868 PSF
RM 360,000
Level 9
455 sqft · RM 791 PSF
550 sqft
Condo/Apartment
RM 480,000
Level 19
550 sqft · RM 873 PSF
RM 510,000
Level 18
550 sqft · RM 927 PSF
600 sqft
Condo/Apartment
RM 510,000
Level 19
615 sqft · RM 829 PSF
850 sqft
Condo/Apartment
RM 598,000
Level 16
872 sqft · RM 686 PSF
RM 500,000
Level 10
872 sqft · RM 573 PSF
RM 565,000
Level 14
872 sqft · RM 648 PSF
RM 560,000
Level 21
872 sqft · RM 642 PSF
RM 570,000
Level 17
872 sqft · RM 654 PSF
RM 630,000
Level 17
872 sqft · RM 722 PSF

No Properties For Sale

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

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