Area Intelligence

TROPICANA BAY RESIDENCES

26 properties
2023
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Median Price
RM 645,000
PSF: RM 672

Residential Market

Median Price

RM 645,000

IQR: RM 94
MAD: RM 48
RM 672 PSF 2.6%

PSF Trends (2021-2025)

TROPICANA BAY RESIDENCES in Timur Laut, Penang recorded 26 subsale transactions in 2023, with a median price of RM 645K and a median price per square foot (PSF) of RM 672.

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 645K, with most transactions falling within a stable range of RM 519K to RM 771K, and a typical market range of RM 573K to RM 718K.

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

The median PSF stands at RM 672, with core pricing between RM 566 and RM 777. Market pricing typically extends from RM 624.50 to RM 718.50, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 105 (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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TROPICANA BAY RESIDENCES, Timur Laut, Penang

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Transactions

26 properties found

Condo/Apartment
RM 725,000
872 sqft Dec 2023
RM 831.00 PSF
Condo/Apartment
RM 610,000
872 sqft Dec 2023
RM 700.00 PSF
Condo/Apartment
RM 590,000
872 sqft Nov 2023
RM 677.00 PSF
Condo/Apartment
RM 615,000
1,020 sqft Oct 2023
RM 603.00 PSF
Condo/Apartment
RM 660,000
1,020 sqft Oct 2023
RM 647.00 PSF
Condo/Apartment
RM 645,000
1,045 sqft Oct 2023
RM 617.00 PSF
Condo/Apartment
RM 645,000
1,053 sqft Oct 2023
RM 613.00 PSF
Condo/Apartment
RM 708,000
1,020 sqft Sep 2023
RM 694.00 PSF
Condo/Apartment
RM 360,000
455 sqft Aug 2023
RM 791.00 PSF
Condo/Apartment
RM 400,000
400 sqft Jul 2023
RM 1,000.00 PSF
Condo/Apartment
RM 570,000
872 sqft Jul 2023
RM 654.00 PSF
Condo/Apartment
RM 400,000
455 sqft Jun 2023
RM 879.00 PSF
Condo/Apartment
RM 690,000
1,020 sqft Jun 2023
RM 676.00 PSF
Condo/Apartment
RM 750,000
1,320 sqft Jun 2023
RM 568.00 PSF
Condo/Apartment
RM 1,000,000
1,500 sqft Jun 2023
RM 667.00 PSF
Condo/Apartment
RM 508,000
872 sqft May 2023
RM 583.00 PSF
Condo/Apartment
RM 750,000
1,020 sqft May 2023
RM 735.00 PSF
Condo/Apartment
RM 755,000
1,320 sqft May 2023
RM 572.00 PSF
Condo/Apartment
RM 585,000
1,020 sqft Apr 2023
RM 574.00 PSF
Condo/Apartment
RM 595,000
1,045 sqft Apr 2023
RM 569.00 PSF
Condo/Apartment
RM 600,000
1,020 sqft Mar 2023
RM 588.00 PSF
Condo/Apartment
RM 590,000
1,020 sqft Mar 2023
RM 578.00 PSF
Condo/Apartment
RM 695,000
1,020 sqft Mar 2023
RM 681.00 PSF
Condo/Apartment
RM 650,000
872 sqft Feb 2023
RM 745.00 PSF
Condo/Apartment
RM 650,000
872 sqft Jan 2023
RM 745.00 PSF
Condo/Apartment
RM 660,000
872 sqft Jan 2023
RM 757.00 PSF