Timur Laut, Penang · Freehold · 93 transactions
Estimated Market Value
Units (400–1500 sqft) estimated at RM261K – RM977K based on median PSF of RM652/sqft (93 verified transactions)
+8.2%
since 2021
Median Price
RM600K
RM550K – RM695K
Median PSF
RM652
RM606 – RM700
Transactions
93
2021-03 to 2024-09
Size Range
400 – 1500
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | Condominium/Apartment | Freehold | 1,020 | RM704 | RM718K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,020 | RM647 | RM660K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,020 | RM667 | RM680K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,320 | RM606 | RM800K |
| Jul 2024 | Condominium/Apartment | Freehold | 872 | RM648 | RM565K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,320 | RM530 | RM700K |
| Jun 2024 | Condominium/Apartment | Freehold | 615 | RM696 | RM428K |
| May 2024 | Condominium/Apartment | Freehold | 872 | RM688 | RM600K |
85 more transactions hidden
TROPICANA BAY RESIDENCES · 93 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 93 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for TROPICANA BAY RESIDENCES
Earliest PSF (2021)
RM631
Current PSF (2024)
RM682
Capital Gain
+8.2%
Total Return (est.)
6.7% p.a.
| Capital appreciation (3 years) | +8.2% |
| Annualised capital return | +2.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 6.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +9.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,000/mo
Rent Range
RM1600-2400
25th – 75th pct
Rent PSF
RM2.17
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,700/mo |
| Semi Furnished | RM2,000/mo |
| Fully Furnished | RM2,500/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 400 sqft | 3 | RM400K | RM1000 |
| 450 sqft | 7 | RM395K | RM868 |
| 550 sqft | 2 | RM510K | RM927 |
| 600 sqft | 3 | RM510K | RM829 |
| 850 sqft | 32 | RM570K | RM654 |
| 1,000 sqft | 26 | RM660K | RM647 |
| 1,050 sqft | 3 | RM645K | RM613 |
| 1,300 sqft | 15 | RM760K | RM576 |
PSF Trend: Stable
PSF moved from RM631 (2021) to RM682 (2024)
Liquidity: High
93 transactions over 3 years (~31/year)
48% above Timur Laut average
This project: RM652 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 6.7% p.a. (beats FD)
Capital gain (2.7% p.a.) + rental yield (~4% p.a.)
TROPICANA BAY RESIDENCES delivers a strong estimated total return of 6.7% p.a. — comprising +2.7% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 48% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders, those who value liquidity.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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