Tropicana Bay Residences

Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

7 subsales found

Median
RM395,000
PSF
RM868
Price Size
Period
transactions middle 50% (P25–P75)
RM360,000
Level 7
455 sqft RM791 PSF
RM400,000
Level 9
455 sqft RM879 PSF
RM395,000
Level 19
455 sqft RM868 PSF
RM360,000
Level 9
455 sqft RM791 PSF
RM400,000
Level 14
455 sqft RM879 PSF
RM420,000
Level 4
455 sqft RM923 PSF
RM375,000
Level 5
455 sqft RM824 PSF
Legend Recent Highest Price Highest PSF

Selling in Tropicana Bay Residences? Homes here sold for a median of RM395,000.

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Market Snapshot

Residential

RM395,000

RM868 psf

Median transaction price

Low

Does TROPICANA BAY RESIDENCES rent out well?

Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Maps

Tropicana Bay Residences in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 425 and 474 sqft, with a median price of RM395K and a median price per square foot (PSF) of RM868.

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 RM395K, with most transactions falling within a stable range of RM374K to RM416K, and a typical market range of RM360K to RM420K.

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

For price per square foot, the median is RM868, with most transactions between RM822 and RM914. The usual range is RM821.15 to RM915.15, showing that most units are priced quite close to each other. With an IQR of RM94.00 and MAD of RM46, the PSF demonstrates reasonable consistency across the market.

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.