TROPICANA BAY RESIDENCES

Area Intelligence
2023
Median Price
RM 645,000
PSF: RM 672

Residential PSF Trends

Median Price

RM 645,000

PSF: RM 672

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 26 subsale transactions in 2023, with a median price of RM 645K and a median price per square foot (PSF) of RM 672.

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 645K, with most transactions falling within a stable range of RM 519K to RM 771K, and a typical market range of RM 573K to RM 718K.

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

The median PSF stands at RM 672, with core pricing between RM 566 and RM 777. Market pricing typically extends from RM 624.50 to RM 718.50, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 105 (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. 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

26 transactions grouped by size

400 sqft
Condo/Apartment
RM 400,000
Level 6
400 sqft · RM 1,000 PSF
450 sqft
Condo/Apartment
RM 360,000
Level 7
455 sqft · RM 791 PSF
RM 400,000
Level 9
455 sqft · RM 879 PSF
850 sqft
Condo/Apartment
RM 610,000
Level 18
872 sqft · RM 700 PSF
RM 725,000
Level 13
872 sqft · RM 831 PSF
RM 590,000
Level 17
872 sqft · RM 677 PSF
RM 570,000
Level 12
872 sqft · RM 654 PSF
RM 508,000
Level 13
872 sqft · RM 583 PSF
RM 650,000
Level 10
872 sqft · RM 745 PSF
RM 650,000
Level 12
872 sqft · RM 745 PSF
RM 660,000
Level 14
872 sqft · RM 757 PSF
1,000 sqft
Condo/Apartment
RM 660,000
Level 20
1,020 sqft · RM 647 PSF
RM 615,000
Level 7
1,020 sqft · RM 603 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
1,053 sqft · RM 613 PSF
RM 645,000
Level 16
1,045 sqft · RM 617 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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