TROPICANA BAY RESIDENCES

Area Intelligence
2022
Median Price
RM 618,000
PSF: RM 654

Residential PSF Trends

Median Price

RM 618,000

PSF: RM 654

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 33 subsale transactions in 2022, with a median price of RM 618K and a median price per square foot (PSF) of RM 654.

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 618K, with most transactions falling within a stable range of RM 545K to RM 691K, and a typical market range of RM 546K to RM 691K.

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

The median PSF stands at RM 654, with core pricing between RM 569 and RM 739. Market pricing typically extends from RM 607.00 to RM 701.00, reflecting moderate variation in unit pricing. With an IQR of RM 94.00 and MAD of RM 85, 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.

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TROPICANA BAY RESIDENCES, Timur Laut, Penang

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Transactions

25 transactions grouped by size

550 sqft
Condo/Apartment
RM 510,000
Level 18
550 sqft · RM 927 PSF
600 sqft
Condo/Apartment
RM 510,000
Level 19
615 sqft · RM 829 PSF
850 sqft
Condo/Apartment
RM 598,000
Level 16
872 sqft · RM 686 PSF
RM 500,000
Level 10
872 sqft · RM 573 PSF
RM 560,000
Level 21
872 sqft · RM 642 PSF
RM 565,000
Level 14
872 sqft · RM 648 PSF
RM 570,000
Level 17
872 sqft · RM 654 PSF
RM 630,000
Level 17
872 sqft · RM 722 PSF
1,000 sqft
Condo/Apartment
RM 620,000
Level 21
1,020 sqft · RM 608 PSF
RM 678,000
Level 11
1,020 sqft · RM 665 PSF
RM 650,000
Level 18
1,020 sqft · RM 637 PSF
RM 695,000
Level 11
1,020 sqft · RM 681 PSF
RM 618,000
Level 8
1,020 sqft · RM 606 PSF
RM 750,000
Level 14
1,020 sqft · RM 735 PSF
1,200 sqft
Condo/Apartment
RM 650,000
Level 20
1,184 sqft · RM 549 PSF
1,300 sqft
Condo/Apartment
RM 720,000
Level 9
1,320 sqft · RM 545 PSF
RM 730,000
Level 9
1,320 sqft · RM 553 PSF
RM 750,000
Level 13
1,320 sqft · RM 568 PSF

No Properties For Sale

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

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