Penang
Timur Laut
13
TROPICANA BAY RESIDENCES

TROPICANA BAY RESIDENCES

Area Intelligence

2021

Median Price

RM 550,000

PSF: RM 631

Facebook X (Twitter)

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 532K to RM 420K, and a typical market range of RM 478K to RM 420K.

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 591 and RM 672. 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 41, 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.

Loading map...

TROPICANA BAY RESIDENCES, Timur Laut, Penang

OSM