TROPICANA BAY RESIDENCES

Area Intelligence
2022
Median Price
RM 695,000
PSF: RM 608

Residential PSF Trends

Median Price

RM 695,000

PSF: RM 608

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 17 subsale transactions in 2022, with a median price of RM 695K and a median price per square foot (PSF) of RM 608.

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 615K to RM 775K, 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 608, with most transactions between RM 557 and RM 659. The usual range is RM 561.00 to RM 655.00, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 51, 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.

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TROPICANA BAY RESIDENCES, Timur Laut, Penang

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Transactions

17 transactions grouped by size

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 760,000
Level 5
1,320 sqft · RM 576 PSF
RM 800,000
Level 18
1,320 sqft · RM 606 PSF
RM 870,000
Level 16
1,320 sqft · RM 659 PSF
RM 720,000
Level 9
1,320 sqft · RM 545 PSF
RM 870,000
Level 9
1,320 sqft · RM 659 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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