Area Intelligence

TROPICANA 218 MACALISTER

1 properties
2021
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Median Price
RM 570,000
PSF: RM 1,508

Residential Market

Median Price

RM 570,000

IQR: RM 422
MAD: RM 103
RM 1,508 PSF 11.4%

PSF Trends (2021-2025)

TROPICANA 218 MACALISTER in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 570K and a median price per square foot (PSF) of RM 1,508.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 1,508, with most transactions between RM 1,508 and RM 1,508. The usual range is RM 1,296.88 to RM 1,719.13, showing that most units are priced quite close to each other. With an IQR of RM 422.25 and MAD of RM 0, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TROPICANA 218 MACALISTER, Timur Laut, Penang

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Transactions

1 properties grouped by size

400 sqft
1 units Service Apartment
RM 570,000
378 sqft · RM 1,508.00 PSF
Dec 2021