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.
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:
|26 Nov 2022||Condominium||871 sf||RM770,000|
|25 Nov 2022||Condominium||871 sf||RM778,000|
|13 Oct 2022||Condominium||861 sf||RM768,000|
|12 May 2022||Condominium||1,020 sf||RM620,000|
|28 Apr 2022||Condominium||1,320 sf||RM960,000|
|22 Jan 2022||Condominium||1,320 sf||RM950,000|
|22 Jan 2022||Condominium||815 sf||RM688,000|
|22 Jan 2022||Condominium||550 sf||RM520,000|
|22 Jan 2022||Condominium||615 sf||RM550,000|
|22 Jan 2022||Studio||400 sf||RM420,000|
Latest Tropicana Bay Residences for rent listings:
|6 Aug 2022||Studio||454 sf||RM1,800|
|6 Aug 2022||Condominium||872 sf||RM2,000|
|6 May 2022||Medium Room||-NA-||RM675|
|23 Jan 2022||Condominium||872 sf||RM1,799|
|23 Jan 2022||Condominium||872 sf||RM1,600|
|23 Jan 2022||Condominium||800 sf||RM1,650|
|22 Jan 2022||Condominium||872 sf||RM1,800|
|22 Jan 2022||Condominium||1,040 sf||RM2,000|
|22 Jan 2022||Condominium||872 sf||RM2,300|