Area Intelligence

PEARL TROPIKA

7 properties
2024
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Median Price
RM 580,000
PSF: RM 445

Residential Market

Median Price

RM 580,000

IQR: RM 164
MAD: RM 93
RM 445 PSF 19.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEARL TROPIKA in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2024, with a median price of RM 580K and a median price per square foot (PSF) of RM 445.

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 580K, with most transactions falling within a stable range of RM 530K to RM 644K, and a typical market range of RM 535K to RM 625K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 445, though individual units vary from RM 351 to RM 539 in the core range. The broader market spans RM 363.00 to RM 527.00, indicating diverse property characteristics. The spread of RM 164.00 (IQR) and deviation of RM 94 (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. 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.

Area Location

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PEARL TROPIKA, Seberang Perai Selatan, Penang

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Transactions

7 properties grouped by size

1,150 sqft
2 units Double Storey Terraced
RM 580,000
LORONG 3/SS9
1,141 sqft · RM 508.00 PSF
Jul 2024
RM 540,000
LORONG 3/SS9
1,141 sqft · RM 473.00 PSF
Feb 2024
1,200 sqft
2 units Double Storey Terraced
RM 580,000
LORONG 5/SS9
1,206 sqft · RM 481.00 PSF
May 2024
RM 530,000
LORONG 1/SS9
1,206 sqft · RM 440.00 PSF
Apr 2024
1,650 sqft
1 units Double Storey Terraced
RM 737,000
LORONG 3/SS9
1,658 sqft · RM 445.00 PSF
Apr 2024
2,200 sqft
2 units Double Storey Semi-D
RM 605,000
LORONG 1/SS9
2,207 sqft · RM 274.00 PSF
Aug 2024
RM 572,000
LORONG 2/SS9
2,207 sqft · RM 259.00 PSF
May 2024