Area Intelligence

RIVER TROPICS

14 properties
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Median Price
RM 500,000
PSF: RM 362

Residential Market

Median Price

RM 500,000

IQR: RM 97
MAD: RM 78
RM 362 PSF 8.9%

PSF Trends (2021-2025)

RIVER TROPICS in Seberang Perai Tengah, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 362.

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 500K, with most transactions falling within a stable range of RM 405K to RM 595K, and a typical market range of RM 431K to RM 570K.

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

Price per square foot shows a median of RM 362, though individual units vary from RM 284 to RM 440 in the core range. The broader market spans RM 313.38 to RM 410.63, indicating diverse property characteristics. The spread of RM 97.25 (IQR) and deviation of RM 78 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RIVER TROPICS, Seberang Perai Tengah, Penang

OSM

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Transactions

14 properties grouped by size

1,350 sqft
3 units Condo/Apartment
RM 482,000
1,336 sqft · RM 361.00 PSF
Jan 2022
RM 629,000
1,336 sqft · RM 471.00 PSF
Dec 2021
RM 667,000
1,336 sqft · RM 499.00 PSF
Dec 2021
1,400 sqft
5 units Condo/Apartment
RM 500,000
1,399 sqft · RM 357.00 PSF
Jan 2025
RM 490,000
1,410 sqft · RM 348.00 PSF
May 2024
RM 500,000
1,378 sqft · RM 363.00 PSF
Apr 2023
RM 624,000
1,399 sqft · RM 446.00 PSF
Dec 2021
RM 629,000
1,399 sqft · RM 450.00 PSF
Dec 2021
1,450 sqft
6 units Condo/Apartment
RM 499,000
1,432 sqft · RM 349.00 PSF
Jul 2024
RM 647,000
1,464 sqft · RM 442.00 PSF
Sep 2023
RM 490,000
1,464 sqft · RM 335.00 PSF
May 2023
RM 410,000
1,432 sqft · RM 286.00 PSF
Nov 2022
RM 635,000
1,432 sqft · RM 444.00 PSF
May 2022
RM 400,000
1,464 sqft · RM 273.00 PSF
Jan 2022