TROPICANA BAY RESIDENCES

Area Intelligence
2023
Median Price
RM 660,000
PSF: RM 613

Residential PSF Trends

Median Price

RM 660,000

PSF: RM 613

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 15 subsale transactions in 2023, with a median price of RM 660K and a median price per square foot (PSF) of RM 613.

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 660K, with most transactions falling within a stable range of RM 585K to RM 762K, and a typical market range of RM 588K to RM 733K.

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

For price per square foot, the median is RM 613, with most transactions between RM 561 and RM 665. The usual range is RM 566.00 to RM 660.00, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 52, 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

15 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 615,000
Level 7
1,020 sqft · RM 603 PSF
RM 660,000
Level 20
1,020 sqft · RM 647 PSF
RM 708,000
Level 19
1,020 sqft · RM 694 PSF
RM 690,000
Level 20
1,020 sqft · RM 676 PSF
RM 750,000
Level 7
1,020 sqft · RM 735 PSF
RM 585,000
Level 7
1,020 sqft · RM 574 PSF
1,050 sqft
Condo/Apartment
RM 645,000
Level 16
1,045 sqft · RM 617 PSF
RM 645,000
Level 16
1,053 sqft · RM 613 PSF
RM 595,000
Level 15
1,045 sqft · RM 569 PSF
1,300 sqft
Condo/Apartment
RM 750,000
Level 20
1,320 sqft · RM 568 PSF
RM 755,000
Level 19
1,320 sqft · RM 572 PSF
1,500 sqft
Condo/Apartment
RM 1,000,000
Level 15
1,500 sqft · RM 667 PSF

No Properties For Sale

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

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