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.
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:
Latest Tropicana Bay Residences for rent listings: