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 |
|---|
|
Level 9
|
RM 565,000
|
RM 648
|
872 sqft
|
|
|
|
Level 8
|
RM 600,000
|
RM 688
|
872 sqft
|
|
|
|
Level 4
|
RM 750,000
|
RM 860
|
872 sqft
|
|
|
|
Level 19
|
RM 595,000
|
RM 682
|
872 sqft
|
|
|
|
Level 22
|
RM 550,000
|
RM 631
|
872 sqft
|
|
|
|
Level 14
|
RM 595,000
|
RM 682
|
872 sqft
|
|
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Market Snapshot
ResidentialRM 567,500
RM 651 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsTropicana Bay Residences in Timur Laut, Penang recorded 32 subsale transactions between 2021 and 2026, sized between 825 and 874 sqft, with a median price of RM 568K and a median price per square foot (PSF) of RM 651.
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 568K, with most transactions falling within a stable range of RM 510K to RM 625K, and a typical market range of RM 500K to RM 640K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 651, with core pricing between RM 585 and RM 716. Market pricing typically extends from RM 603.85 to RM 697.85, reflecting moderate variation in unit pricing. With an IQR of RM 94.00 and MAD of RM 66, 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. Moderate transaction volume may require patience when buying or selling.