Tropicana Bay Residences
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
| LIST.MY · Tropicana Bay Residences | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 9
|
RM428,000
|
RM696
|
615 sqft
|
|
Condo |
| 2022 | |||||
|
Level 19
|
RM510,000
|
RM829
|
615 sqft
|
|
Condo |
| 2021 | |||||
|
Level 5
|
RM550,000
|
RM894
|
615 sqft
|
|
Condo |
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
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Market Snapshot
ResidentialRM510,000
RM829 psfMedian transaction price
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Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia
MapsTropicana Bay Residences in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM510K and a median price per square foot (PSF) of RM829.
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 RM510K, with most transactions falling within a stable range of RM459K to RM550K, and a typical market range of RM438K to RM550K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM829, with most transactions between RM747 and RM912. The usual range is RM782.35 to RM876.35, showing that most units are priced quite close to each other. With an IQR of RM94.00 and MAD of RM83, 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.