Tropicana Bay Residences, Penang WorldCity

Tropicana Bay Residences is a freehold apartment located in Penang WorldCity, Batu Uban.The built-up available at this project is 615 sf to 1,320 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price of around RM550 psf, and was completed about 2017.

Tropicana Corp Bhd (fka Dijaya Corp) is a very large-sized real estate company listed on KLSE, and it has undertaken around 63 real estate projects in Malaysia. Other similar projects by the same developer are Bayu Puteri Apartment, Bora Residences, Casa Indah 1, Casa Indah 2, Cyperus, Fortune Park, Paloma, Pandora, Tropez Residences and Tropicana City Tropics.

Property Type
Apartment
Land Tenure
Freehold
Built-up
615 sf - 1,320 sf
Market Price
RM500,000 - RM830,000
Density
-NA-
Completed In
2017
Launch Price
About RM550 psf

This apartment is not very ideal for own stay or investment, because it has no amenities nearby.

The current rental yield of Tropicana Bay Residences is around 3.26%, compared to 3.2% a year ago in Q2 2019. The highest rental yield ever recorded was 4.0% in Q2 2018; while the lowest one was 3.08% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Tropicana Bay Residences is 3-bedroom / 872 sf with a median price of RM700 psf. For price wise, the most expensive one is 1-bedroom / 615 sf with a median price of RM810 psf; while the cheapest one is 3-bedroom / 1,320 sf with a median price of RM630 psf.

Latest Tropicana Bay Residences for sale listings:

DateTypeBuilt-upPrice
29 Jun 2020Condominium1,020 sfRM685,000
27 Jun 2020Condominium1,320 sfRM790,000
26 Jun 2020Condominium1,100 sfRM825,000
26 Jun 2020Condominium615 sfRM500,000
26 Jun 2020Condominium1,040 sfRM800,000
26 Jun 2020Condominium1,020 sfRM600,000
26 Jun 2020Condominium872 sfRM560,000
26 Jun 2020Condominium872 sfRM550,000
26 Jun 2020Studio455 sfRM380,000
26 Jun 2020Condominium1,320 sfRM800,000

Latest Tropicana Bay Residences for rent listings:

DateTypeBuilt-upRental
TodayCondominium615 sfRM1,600
TodayCondominium872 sfRM2,000
TodayCondominium1,020 sfRM2,500
YesterdayCondominium1,020 sfRM2,150
26 Jun 2020Condominium800 sfRM1,400
26 Jun 2020Studio455 sfRM1,500
20 Jun 2020Room In Apartment-NA-RM680
11 Jun 2020Room In Apartment-NA-RM750
21 Jun 2020Condominium550 sfRM1,800
21 Jun 2020Condominium980 sfRM1,500
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