Tropicana Bay Residences
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 19
|
RM 395,000
|
RM 868
|
455 sqft
|
|
|
|
Level 9
|
RM 360,000
|
RM 791
|
455 sqft
|
|
|
Level 19
|
RM 480,000
|
RM 873
|
550 sqft
|
|
|
|
Level 18
|
RM 510,000
|
RM 927
|
550 sqft
|
|
|
Level 16
|
RM 598,000
|
RM 686
|
872 sqft
|
|
|
|
Level 10
|
RM 500,000
|
RM 573
|
872 sqft
|
|
|
|
Level 21
|
RM 560,000
|
RM 642
|
872 sqft
|
|
|
|
Level 14
|
RM 565,000
|
RM 648
|
872 sqft
|
|
|
|
Level 17
|
RM 570,000
|
RM 654
|
872 sqft
|
|
|
|
Level 17
|
RM 630,000
|
RM 722
|
872 sqft
|
|
|
Level 21
|
RM 620,000
|
RM 608
|
1,020 sqft
|
|
|
|
Level 11
|
RM 678,000
|
RM 665
|
1,020 sqft
|
|
|
|
Level 11
|
RM 695,000
|
RM 681
|
1,020 sqft
|
|
|
|
Level 18
|
RM 650,000
|
RM 637
|
1,020 sqft
|
|
|
|
Level 8
|
RM 618,000
|
RM 606
|
1,020 sqft
|
|
|
|
Level 14
|
RM 750,000
|
RM 735
|
1,020 sqft
|
|
|
Level 5
|
RM 760,000
|
RM 576
|
1,320 sqft
|
|
|
|
Level 18
|
RM 800,000
|
RM 606
|
1,320 sqft
|
|
|
|
Level 16
|
RM 870,000
|
RM 659
|
1,320 sqft
|
|
|
|
Level 9
|
RM 720,000
|
RM 545
|
1,320 sqft
|
|
|
|
Level 9
|
RM 870,000
|
RM 659
|
1,320 sqft
|
|
|
|
Level 9
|
RM 730,000
|
RM 553
|
1,320 sqft
|
|
|
|
Level 13
|
RM 750,000
|
RM 568
|
1,320 sqft
|
|
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Market Snapshot
ResidentialRM 618,000
RM 654 psfMedian transaction price
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsTropicana 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 495K to RM 741K, 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 543 and RM 764. Market pricing typically extends from RM 606.68 to RM 700.68, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 111 (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.