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 70 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, Tropez Residences and Tropicana Grande.

Property Type
Condominium
Land Tenure
Freehold
Built-up
400 sf - 1,320 sf
Market Price
RM410,000 - RM780,000
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 3.73%, compared to 4.0% a year ago in Q4 2020. 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 combination at Tropicana Bay Residences is 3-bedroom / 872 sf with a median price of RM710 psf. For price wise, the most expensive one is Studio / 400 sf with a median price of RM1,070 psf; while the cheapest one is 3-bedroom / 1,320 sf with a median price of RM590 psf.

Latest Tropicana Bay Residences for sale listings:

DateTypeBuilt-upPrice
26 Nov 2021Condominium980 sfRM880,000
25 Nov 2021Condominium872 sfRM680,000
24 Nov 2021Studio400 sfRM450,000
19 Nov 2021Condominium550 sfRM565,000
19 Nov 2021Condominium1,020 sfRM698,000
18 Nov 2021Condominium1,320 sfRM950,000
18 Nov 2021Condominium872 sfRM700,000
17 Nov 2021Condominium1,328 sfRM888,000
17 Nov 2021Condominium1,020 sfRM720,888
15 Nov 2021Condominium872 sfRM648,000

Latest Tropicana Bay Residences for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,045 sfRM2,500
26 Nov 2021Condominium872 sfRM1,800
26 Nov 2021Condominium615 sfRM1,300
26 Nov 2021Low-Cost Flat1,020 sfRM1,700
26 Nov 2021Low-Cost Flat1,020 sfRM1,800
16 Nov 2021Room In Apartment-NA-RM750
25 Nov 2021Condominium1,328 sfRM2,000
25 Nov 2021Condominium1,020 sfRM1,600
25 Nov 2021Condominium1,070 sfRM1,600
24 Nov 2021Condominium1,020 sfRM1,500
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