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 69 real estate projects in Malaysia. Other similar projects by the same developer are Arnica, Bayberry, Bora Residences, Casa Indah 1, Casa Indah 2, Cyperus, Fortune Park, Paloma, Pandora and Tropez Residences.

Property Type
Apartment
Land Tenure
Freehold
Built-up
615 sf - 1,320 sf
Market Price
RM540,000 - RM810,000
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 2.71%, compared to 3.43% a year ago in Q1 2020. The highest rental yield ever recorded was 3.87% in Q4 2020; while the lowest one was 2.71% in Q1 2021. 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 RM640 psf. For price wise, the most expensive one is 1-bedroom / 615 sf with a median price of RM880 psf; while the cheapest one is 3-bedroom / 1,320 sf with a median price of RM610 psf.

Latest Tropicana Bay Residences for sale listings:

DateTypeBuilt-upPrice
6 Jan 2021Condominium1,020 sfRM660,000
7 Jan 2021Condominium10,020 sfRM700,000
7 Jan 2021Condominium1,320 sfRM799,000
7 Jan 2021Condominium1,320 sfRM670,000
6 Jan 2021Condominium1,320 sfRM780,000
6 Jan 2021Condominium1,020 sfRM696,000
6 Jan 2021Condominium1,320 sfRM750,000
5 Jan 2021Condominium615 sfRM450,000
5 Jan 2021Studio455 sfRM380,000
5 Jan 2021Condominium1,320 sfRM780,000

Latest Tropicana Bay Residences for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM750
TodayRoom-NA-RM650
TodayRoom-NA-RM500
TodayRoom-NA-RM850
TodayRoom In Apartment-NA-RM800
TodayRoom In Apartment-NA-RM550
TodayRoom In Apartment-NA-RM680
TodayRoom In Apartment-NA-RM700
19 Jan 2021Condominium615 sfRM1,400
19 Jan 2021Condominium615 sfRM1,300
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