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 61 real estate projects in Malaysia. Other similar projects by the same developer are Bayberry, Bayu Puteri Apartment, Bora Residences, Casa Indah 1, Casa Indah 2, Casa Kiara 2, Cyperus, Fortune Park, Paloma 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 3.48%, compared to 3.2% a year ago in Q1 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 RM750 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
TodayCondominium1,020 sfRM690,000
01-Apr-20Condominium872 sfRM570,000
01-Apr-20Condominium872 sfRM530,000
30-Mar-20Condominium1,320 sfRM800,000
25-Mar-20Condominium871 sfRM758,000
25-Mar-20Condominium1,020 sfRM680,000
25-Mar-20Condominium1,320 sfRM830,000
29-Mar-20Condominium872 sfRM560,000
22-Mar-20Condominium872 sfRM560,000
22-Mar-20Condominium1,020 sfRM740,000

Latest Tropicana Bay Residences for rent listings:

DateTypeBuilt-upRental
02-Apr-20Condominium615 sfRM1,300
02-Apr-20Condominium615 sfRM1,500
02-Apr-20Condominium872 sfRM1,900
02-Apr-20Condominium872 sfRM1,450
02-Apr-20Studio455 sfRM1,400
02-Apr-20Condominium1,300 sfRM2,000
30-Mar-20Condominium550 sfRM1,400
01-Apr-20Condominium800 sfRM2,000
26-Mar-20Studio455 sfRM1,500
26-Mar-20Condominium1,750 sfRM3,500
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