TROPICANA BAY RESIDENCES

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 45 subsale transactions between 2021 and 2025, with a median price of RM 695K and a median price per square foot (PSF) of RM 617.

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 695K, with most transactions falling within a stable range of RM 620K to RM 770K, and a typical market range of RM 623K to RM 768K.

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

For price per square foot, the median is RM 617, with most transactions between RM 569 and RM 665. The usual range is RM 570.00 to RM 664.00, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 48, 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.