TROPICANA BAY RESIDENCES

Area Intelligence
2021
Median Price
RM 550,000
PSF: RM 631

Residential PSF Trends

Median Price

RM 550,000

PSF: RM 631

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 19 subsale transactions in 2021, with a median price of RM 550K 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 550K, with most transactions falling within a stable range of RM 475K to RM 625K, and a typical market range of RM 478K to RM 623K.

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

For price per square foot, the median is RM 631, with most transactions between RM 583 and RM 679. The usual range is RM 584.00 to RM 678.00, 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. 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

19 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 525,000
Level 17
872 sqft · RM 602 PSF
RM 560,000
Level 11
872 sqft · RM 642 PSF
RM 530,000
Level 16
872 sqft · RM 608 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 638,000
Level 18
1,020 sqft · RM 625 PSF
RM 600,000
Level 10
1,020 sqft · RM 588 PSF
RM 600,000
Level 8
980 sqft · RM 612 PSF
1,300 sqft
Condo/Apartment
RM 870,000
Level 18
1,320 sqft · RM 659 PSF
RM 860,000
Level 20
1,320 sqft · RM 652 PSF
RM 750,000
Level 13
1,320 sqft · RM 568 PSF
RM 847,000
Level 21
1,320 sqft · RM 642 PSF

No Properties For Sale

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

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