Penang
Timur Laut
13
TROPICANA BAY RESIDENCES

TROPICANA BAY RESIDENCES

Area Intelligence

Median Price

RM 760,000

PSF: RM 576

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Residential PSF Trends

Median Price

RM 760,000

PSF: RM 576

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 760K and a median price per square foot (PSF) of RM 576.

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 760K, with most transactions falling within a stable range of RM 702K to RM 818K, and a typical market range of RM 700K to RM 833K.

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

For price per square foot, the median is RM 576, with most transactions between RM 532 and RM 620. The usual range is RM 529.00 to RM 623.00, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 44, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TROPICANA BAY RESIDENCES, Timur Laut, Penang

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Transactions

15 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Condo/Apartment

1,300 sqft

Condo/Apartment

RM 800,000

Level 13

1,320 sqft · RM 606 PSF

Aug 2024

RM 700,000

Level 7

1,320 sqft · RM 530 PSF

Jul 2024

RM 750,000

Level 20

1,320 sqft · RM 568 PSF

Jun 2023

RM 755,000

Level 19

1,320 sqft · RM 572 PSF

May 2023

RM 760,000

Level 5

1,320 sqft · RM 576 PSF

Dec 2022

RM 870,000

Level 16

1,320 sqft · RM 659 PSF

Aug 2022

Level 13	RM 800,000	RM 606	1,320 sqft	Aug 2024
Level 7	RM 700,000	RM 530	1,320 sqft	Jul 2024
Level 20	RM 750,000	RM 568	1,320 sqft	Jun 2023
Level 19	RM 755,000	RM 572	1,320 sqft	May 2023
Level 5	RM 760,000	RM 576	1,320 sqft	Dec 2022
Level 16	RM 870,000	RM 659	1,320 sqft	Aug 2022