Tropicana Bay Residences

Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Property Transactions

19 subsales grouped by size

Median
RM550,000
PSF
RM631
Price Size
Period
transactions middle 50% (P25–P75)
450 sqft
Condo
RM400,000
Level 14
455 sqft · RM879 PSF
RM420,000
Level 4
455 sqft · RM923 PSF
RM375,000
Level 5
455 sqft · RM824 PSF
600 sqft
Condo
RM550,000
Level 5
615 sqft · RM894 PSF
850 sqft
Condo
RM510,000
Level 9
872 sqft · RM585 PSF
RM550,000
Level 12
872 sqft · RM631 PSF
RM525,000
Level 11
872 sqft · RM602 PSF
RM530,000
Level 16
872 sqft · RM608 PSF
RM560,000
Level 11
872 sqft · RM642 PSF
RM525,000
Level 17
872 sqft · RM602 PSF
RM550,000
Level 17
872 sqft · RM631 PSF
RM550,000
Level 21
872 sqft · RM631 PSF
1,000 sqft
Condo
RM638,000
Level 18
1,020 sqft · RM625 PSF
RM600,000
Level 10
1,020 sqft · RM588 PSF
RM600,000
Level 8
980 sqft · RM612 PSF
1,300 sqft
Condo
RM870,000
Level 18
1,320 sqft · RM659 PSF
RM860,000
Level 20
1,320 sqft · RM652 PSF
RM750,000
Level 13
1,320 sqft · RM568 PSF
RM847,000
Level 21
1,320 sqft · RM642 PSF
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Market Snapshot

Residential

RM550,000

RM631 psf

Median transaction price

Low

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Persiaran Bayan Indah, 11900 Bayan Lepas, Penang, Malaysia

Maps

Tropicana Bay Residences in Timur Laut, Penang recorded 19 subsale transactions in 2021, with a median price of RM550K and a median price per square foot (PSF) of RM631.

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 RM550K, with most transactions falling within a stable range of RM408K to RM692K, and a typical market range of RM478K to RM623K.

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

The median PSF stands at RM631, with core pricing between RM520 and RM741. Market pricing typically extends from RM583.75 to RM677.75, reflecting moderate variation in unit pricing. The spread of RM94.00 (IQR) and deviation of RM110 (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.