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 Bayberry, Bora Residences, Casa Indah 1, Casa Indah 2, Casa Kiara 2, Cyperus, Fortune Park, Paloma, Pandora and Tropez Residences.

Property Type
Apartment
Land Tenure
Freehold
Built-up
615 sf - 1,320 sf
Market Price
RM520,000 - 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 3.63%, compared to 3.43% a year ago in Q4 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 RM680 psf. For price wise, the most expensive one is 1-bedroom / 615 sf with a median price of RM850 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
TodayCondominium615 sfRM480,000
TodayCondominium980 sfRM486,000
26 Oct 2020Condominium872 sfRM590,000
26 Oct 2020Condominium1,020 sfRM655,000
26 Oct 2020Condominium600 sfRM480,000
25 Oct 2020Condominium1,020 sfRM650,000
25 Oct 2020Condominium1,020 sfRM650,000
25 Oct 2020Condominium872 sfRM560,000
25 Oct 2020Studio445 sfRM550,000
24 Oct 2020Condominium1,020 sfRM655,000

Latest Tropicana Bay Residences for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM400
TodayRoom In Apartment-NA-RM700
TodayRoom In Apartment-NA-RM700
TodayRoom In Apartment-NA-RM850
TodayRoom In Apartment-NA-RM650
TodayCondominium1,440 sfRM2,000
26 Oct 2020Condominium1,320 sfRM2,000
26 Oct 2020Condominium550 sfRM1,550
26 Oct 2020Condominium1,020 sfRM2,200
26 Oct 2020Studio400 sfRM1,100
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