TROPICANA 218 MACALISTER Property Investment Analysis
TROPICANA 218 MACALISTER in Timur Laut, Penang recorded 26 subsale transactions between 2021 and 2025, with a median price of RM 735K and a median price per square foot (PSF) of RM 1,076.
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 735K, with most transactions falling within a stable range of RM 560K to RM 910K, and a typical market range of RM 530K to RM 953K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 1,076, with most transactions between RM 973 and RM 1,179. The usual range is RM 864.38 to RM 1,286.63, showing that most units are priced quite close to each other. With an IQR of RM 422.25 and MAD of RM 103, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Service Apartment |
|
RM 2,850,000
|
RM 1,976.00
|
1,442 sqft
|
Oct 2024
|
Service Apartment |
|
RM 1,380,000
|
RM 1,060.00
|
1,302 sqft
|
Aug 2024
|
Service Apartment |
|
RM 1,350,000
|
RM 1,037.00
|
1,302 sqft
|
Aug 2024
|
Service Apartment |
|
RM 1,020,000
|
RM 1,030.00
|
990 sqft
|
Aug 2024
|
Service Apartment |
|
RM 1,050,000
|
RM 1,075.00
|
977 sqft
|
Apr 2024
|
Service Apartment |
|
RM 1,300,000
|
RM 990.00
|
1,313 sqft
|
Feb 2024
|
Service Apartment |
|
RM 555,000
|
RM 1,469.00
|
378 sqft
|
Dec 2023
|
Service Apartment |
|
RM 565,000
|
RM 1,495.00
|
378 sqft
|
Nov 2023
|
Service Apartment |
|
RM 760,000
|
RM 1,070.00
|
710 sqft
|
Sep 2023
|
Service Apartment |
|
RM 740,000
|
RM 1,091.00
|
678 sqft
|
Sep 2023
|
Service Apartment |
|
RM 680,000
|
RM 902.00
|
753 sqft
|
Aug 2023
|
Service Apartment |
|
RM 530,000
|
RM 1,250.00
|
424 sqft
|
Aug 2023
|
Service Apartment |
|
RM 530,000
|
RM 1,402.00
|
378 sqft
|
Jun 2023
|
Service Apartment |
|
RM 1,000,000
|
RM 1,021.00
|
980 sqft
|
May 2023
|
Service Apartment |
|
RM 580,000
|
RM 1,535.00
|
378 sqft
|
May 2023
|
Service Apartment |
|
RM 730,000
|
RM 1,076.00
|
678 sqft
|
Mar 2023
|
Service Apartment |
|
RM 800,000
|
RM 1,180.00
|
678 sqft
|
Feb 2023
|
Service Apartment |
|
RM 690,000
|
RM 1,018.00
|
678 sqft
|
Nov 2022
|
Service Apartment |
|
RM 800,000
|
RM 1,180.00
|
678 sqft
|
Oct 2022
|
Service Apartment |
|
RM 580,000
|
RM 1,535.00
|
378 sqft
|
Sep 2022
|
Service Apartment |
|
RM 675,000
|
RM 995.00
|
678 sqft
|
Jul 2022
|
Service Apartment |
|
RM 550,000
|
RM 1,460.00
|
377 sqft
|
Jul 2022
|
Service Apartment |
|
RM 720,000
|
RM 950.00
|
758 sqft
|
May 2022
|
Service Apartment |
|
RM 1,050,000
|
RM 1,060.00
|
990 sqft
|
Mar 2022
|
Service Apartment |
|
RM 965,000
|
RM 974.00
|
990 sqft
|
Jan 2022
|
Service Apartment |
|
RM 570,000
|
RM 1,508.00
|
378 sqft
|
Dec 2021
|