Tropicana Bay Residences

Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

26 subsales grouped by size

Median
RM645,000
PSF
RM672
Price Size
Period
transactions middle 50% (P25–P75)
400 sqft
Condo
RM400,000
Level 6
400 sqft · RM1,000 PSF
450 sqft
Condo
RM360,000
Level 7
455 sqft · RM791 PSF
RM400,000
Level 9
455 sqft · RM879 PSF
850 sqft
Condo
RM725,000
Level 13
872 sqft · RM831 PSF
RM610,000
Level 18
872 sqft · RM700 PSF
RM590,000
Level 17
872 sqft · RM677 PSF
RM570,000
Level 12
872 sqft · RM654 PSF
RM508,000
Level 13
872 sqft · RM583 PSF
RM650,000
Level 10
872 sqft · RM745 PSF
RM650,000
Level 12
872 sqft · RM745 PSF
RM660,000
Level 14
872 sqft · RM757 PSF
1,000 sqft
Condo
RM615,000
Level 7
1,020 sqft · RM603 PSF
RM660,000
Level 20
1,020 sqft · RM647 PSF
RM708,000
Level 19
1,020 sqft · RM694 PSF
RM690,000
Level 20
1,020 sqft · RM676 PSF
RM750,000
Level 7
1,020 sqft · RM735 PSF
RM585,000
Level 7
1,020 sqft · RM574 PSF
+3 more
1,050 sqft
Condo
RM645,000
Level 16
1,045 sqft · RM617 PSF
RM645,000
Level 16
1,053 sqft · RM613 PSF
RM595,000
Level 15
1,045 sqft · RM569 PSF
1,300 sqft
Condo
RM750,000
Level 20
1,320 sqft · RM568 PSF
RM755,000
Level 19
1,320 sqft · RM572 PSF
1,500 sqft
Condo
RM1,000,000
Level 15
1,500 sqft · RM667 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM645,000

RM672 psf

Median transaction price

Low

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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 26 subsale transactions in 2023, with a median price of RM645K and a median price per square foot (PSF) of RM672.

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 RM645K, with most transactions falling within a stable range of RM519K to RM771K, and a typical market range of RM573K to RM718K.

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

The median PSF stands at RM672, with core pricing between RM566 and RM777. Market pricing typically extends from RM624.58 to RM718.58, reflecting moderate variation in unit pricing. The spread of RM94.00 (IQR) and deviation of RM105 (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.