Timur Laut, Penang · Freehold · 93 transactions
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)
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 estimated from Penang district averages.
| 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)
42% above Timur Laut average
This project: RM652 PSF vs Timur Laut median: RM459 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 42% 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.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| 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 |
88 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 93 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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