TROPICANA BAY RESIDENCES

Area Intelligence
2024
Median Price
RM 610,000
PSF: RM 682

Residential PSF Trends

Median Price

RM 610,000

PSF: RM 682

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 610K and a median price per square foot (PSF) of RM 682.

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 610K, with most transactions falling within a stable range of RM 514K to RM 706K, and a typical market range of RM 538K to RM 683K.

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

The median PSF stands at RM 682, with core pricing between RM 560 and RM 804. Market pricing typically extends from RM 635.00 to RM 729.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 122 (MAD) suggest moderate price variations reflecting different property features.

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

12 transactions grouped by size

850 sqft
Condo/Apartment
RM 565,000
Level 9
872 sqft · RM 648 PSF
RM 600,000
Level 8
872 sqft · RM 688 PSF
RM 750,000
Level 4
872 sqft · RM 860 PSF
RM 595,000
Level 19
872 sqft · RM 682 PSF
RM 595,000
Level 14
872 sqft · RM 682 PSF
RM 550,000
Level 22
872 sqft · RM 631 PSF
1,000 sqft
Condo/Apartment
RM 718,000
Level 8
1,020 sqft · RM 704 PSF
RM 660,000
Level 12
1,020 sqft · RM 647 PSF
RM 680,000
Level 12
1,020 sqft · RM 667 PSF
RM 610,000
Level 12
1,020 sqft · RM 598 PSF
RM 710,000
Level 12
1,020 sqft · RM 696 PSF
1,300 sqft
Condo/Apartment
RM 700,000
Level 7
1,320 sqft · RM 530 PSF

No Properties For Sale

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

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