Tropicana Bay Residences, Penang WorldCity

Tropicana Bay Residences is a freehold condominium located in Penang WorldCity, Batu Uban. The built-up available at this project is 400 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 71 real estate projects in Malaysia. Other similar projects by the same developer are Arnica, Bayberry, Bayu Puteri Apartment, Bora Residences, Casa Indah 1, Casa Indah 2, Cyperus, Fortune Park, Pandora and Tropez Residences.

Property Type
Condominium
Land Tenure
Freehold
Built-up
400 sf - 1,320 sf
Market Price
RM400,000 - RM880,000
Density
-NA-
Completed In
2017
Launch Price
About RM550 psf

This condominium 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 3.71%, compared to 2.5% a year ago in Q4 2021. The highest rental yield ever recorded was 4.0% in Q4 2020; while the lowest one was 2.45% in Q3 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Tropicana Bay Residences is 3-bedroom / 872 sf with a median price of RM870 psf. For price wise, the most expensive one is Studio / 400 sf with a median price of RM1,030 psf; while the cheapest one is 3-bedroom / 1,020 sf with a median price of RM650 psf.

Latest Tropicana Bay Residences for sale listings:

DateTypeBuilt-upPrice
26 Nov 2022Condominium871 sfRM770,000
25 Nov 2022Condominium871 sfRM778,000
13 Oct 2022Condominium861 sfRM768,000
12 May 2022Condominium1,020 sfRM620,000
28 Apr 2022Condominium1,320 sfRM960,000
22 Jan 2022Condominium1,320 sfRM950,000
22 Jan 2022Condominium815 sfRM688,000
22 Jan 2022Condominium550 sfRM520,000
22 Jan 2022Condominium615 sfRM550,000
22 Jan 2022Studio400 sfRM420,000

Latest Tropicana Bay Residences for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,320 sfRM2,000
6 Aug 2022Studio454 sfRM1,800
6 Aug 2022Condominium872 sfRM2,000
6 May 2022Medium Room-NA-RM675
23 Jan 2022Condominium872 sfRM1,799
23 Jan 2022Condominium872 sfRM1,600
23 Jan 2022Condominium800 sfRM1,650
22 Jan 2022Condominium872 sfRM1,800
22 Jan 2022Condominium1,040 sfRM2,000
22 Jan 2022Condominium872 sfRM2,300
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