Area Intelligence

TROPICALE RESIDENCY

27 properties
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Median Price
RM 670,000
PSF: RM 358

Residential Market

Median Price

RM 670,000

IQR: RM 76
MAD: RM 39
RM 358 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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TROPICALE RESIDENCY, Seberang Perai Tengah, Penang

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Transactions

27 properties found

Double Storey Terraced LORONG TROPIKA 4
RM 668,000
2,072 sqft Sep 2024
RM 322.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 633,000
1,700 sqft Aug 2024
RM 372.00 PSF
Double Storey Terraced LORONG TROPIKA 1
RM 670,000
1,604 sqft Jul 2024
RM 418.00 PSF
Detached LORONG TROPIKA 6
RM 2,600,000
8,353 sqft Jan 2024
RM 311.00 PSF
Double Storey Terraced LORONG TROPIKA 4
RM 700,000
1,625 sqft Aug 2023
RM 431.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 850,000
2,336 sqft Apr 2023
RM 364.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 679,000
1,700 sqft Mar 2023
RM 399.00 PSF
Double Storey Terraced LORONG TROPIKA 4
RM 568,000
1,493 sqft Mar 2023
RM 380.00 PSF
Detached LORONG TROPIKA 7
RM 2,000,000
5,651 sqft Mar 2023
RM 354.00 PSF
Detached LORONG TROPIKA 7
RM 878,000
2,777 sqft Jan 2023
RM 316.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 650,000
1,460 sqft Nov 2022
RM 445.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 575,000
1,700 sqft Nov 2022
RM 338.00 PSF
Detached LORONG TROPIKA 7
RM 825,000
2,526 sqft Sep 2022
RM 327.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 640,000
1,460 sqft Aug 2022
RM 438.00 PSF
Double Storey Terraced LORONG TROPIKA 4
RM 650,000
1,620 sqft Aug 2022
RM 401.00 PSF
Detached LORONG TROPIKA 3
RM 968,000
3,035 sqft Jun 2022
RM 319.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 628,000
1,453 sqft May 2022
RM 432.00 PSF
Double Storey Terraced LORONG TROPIKA 4
RM 580,000
1,620 sqft May 2022
RM 358.00 PSF
Detached LORONG TROPIKA 3
RM 1,270,000
4,230 sqft May 2022
RM 300.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 638,000
1,460 sqft Apr 2022
RM 437.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 780,000
2,720 sqft Mar 2022
RM 287.00 PSF
Detached LORONG TROPIKA 5
RM 1,035,000
2,906 sqft Mar 2022
RM 356.00 PSF
Detached LORONG TROPIKA 6
RM 960,000
2,830 sqft Jan 2022
RM 339.00 PSF
Double Storey Terraced LORONG TROPIKA 1
RM 565,000
1,604 sqft Dec 2021
RM 352.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 628,000
1,700 sqft Dec 2021
RM 369.00 PSF
Double Storey Terraced LORONG TROPIKA 4
RM 920,000
3,631 sqft Nov 2021
RM 253.00 PSF
Double Storey Terraced LORONG TROPIKA 2
RM 650,000
1,700 sqft Sep 2021
RM 382.00 PSF