TROPICALE RESIDENCY
Residential Market
Median Price
RM 670,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
19 properties
Median Price
RM 653,500
+1.5% CAGR
Median PSF
RM 380.75
+1.1% CAGR
Detached
8 properties
Median Price
RM 1,439,000
+63.9% CAGR
Median PSF
RM 327.00
-2.5% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 19 |
RM 653,500
±15K MAD
|
+1.49% |
RM 380.75
±15 MAD
|
+1.05% | |
| Detached | 8 |
RM 1,439,000
±471K MAD
|
+63.89% |
RM 327.00
±8 MAD
|
-2.48% |
TROPICALE RESIDENCY in Seberang Perai Tengah, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 670K and a median price per square foot (PSF) of RM 358.
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 670K, with most transactions falling within a stable range of RM 575K to RM 765K, and a typical market range of RM 565K to RM 802K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 358, with core pricing between RM 319 and RM 397. Market pricing typically extends from RM 320.25 to RM 395.75, reflecting moderate variation in unit pricing. With an IQR of RM 75.50 and MAD of RM 39, 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.
Filter by type, year, price, and size
Transactions
27 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG TROPIKA 2
|
RM 650,000
|
RM 445.00
|
1,460 sqft
|
Nov 2022
|
|
|
LORONG TROPIKA 2
|
RM 640,000
|
RM 438.00
|
1,460 sqft
|
Aug 2022
|
|
|
LORONG TROPIKA 2
|
RM 628,000
|
RM 432.00
|
1,453 sqft
|
May 2022
|
|
|
LORONG TROPIKA 2
|
RM 638,000
|
RM 437.00
|
1,460 sqft
|
Apr 2022
|
|
LORONG TROPIKA 4
|
RM 568,000
|
RM 380.00
|
1,493 sqft
|
Mar 2023
|
|
LORONG TROPIKA 1
|
RM 670,000
|
RM 418.00
|
1,604 sqft
|
Jul 2024
|
|
|
LORONG TROPIKA 4
|
RM 700,000
|
RM 431.00
|
1,625 sqft
|
Aug 2023
|
|
|
LORONG TROPIKA 4
|
RM 650,000
|
RM 401.00
|
1,620 sqft
|
Aug 2022
|
|
|
LORONG TROPIKA 4
|
RM 580,000
|
RM 358.00
|
1,620 sqft
|
May 2022
|
|
|
LORONG TROPIKA 1
|
RM 565,000
|
RM 352.00
|
1,604 sqft
|
Dec 2021
|
|
LORONG TROPIKA 2
|
RM 633,000
|
RM 372.00
|
1,700 sqft
|
Aug 2024
|
|
|
LORONG TROPIKA 2
|
RM 679,000
|
RM 399.00
|
1,700 sqft
|
Mar 2023
|
|
|
LORONG TROPIKA 2
|
RM 575,000
|
RM 338.00
|
1,700 sqft
|
Nov 2022
|
|
|
LORONG TROPIKA 2
|
RM 628,000
|
RM 369.00
|
1,700 sqft
|
Dec 2021
|
|
|
LORONG TROPIKA 2
|
RM 650,000
|
RM 382.00
|
1,700 sqft
|
Sep 2021
|
|
LORONG TROPIKA 4
|
RM 668,000
|
RM 322.00
|
2,072 sqft
|
Sep 2024
|
|
LORONG TROPIKA 2
|
RM 850,000
|
RM 364.00
|
2,336 sqft
|
Apr 2023
|
|
LORONG TROPIKA 7
|
RM 825,000
|
RM 327.00
|
2,526 sqft
|
Sep 2022
|
|
LORONG TROPIKA 2
|
RM 780,000
|
RM 287.00
|
2,720 sqft
|
Mar 2022
|
|
LORONG TROPIKA 7
|
RM 878,000
|
RM 316.00
|
2,777 sqft
|
Jan 2023
|
|
LORONG TROPIKA 6
|
RM 960,000
|
RM 339.00
|
2,830 sqft
|
Jan 2022
|
|
LORONG TROPIKA 5
|
RM 1,035,000
|
RM 356.00
|
2,906 sqft
|
Mar 2022
|
|
LORONG TROPIKA 3
|
RM 968,000
|
RM 319.00
|
3,035 sqft
|
Jun 2022
|
|
LORONG TROPIKA 4
|
RM 920,000
|
RM 253.00
|
3,631 sqft
|
Nov 2021
|
|
LORONG TROPIKA 3
|
RM 1,270,000
|
RM 300.00
|
4,230 sqft
|
May 2022
|
|
LORONG TROPIKA 7
|
RM 2,000,000
|
RM 354.00
|
5,651 sqft
|
Mar 2023
|
|
LORONG TROPIKA 6
|
RM 2,600,000
|
RM 311.00
|
8,353 sqft
|
Jan 2024
|