Tropicana Bay Residences, Penang WorldCity

Tropicana Bay Residences is a freehold condominium that is located in Penang WorldCity, Batu Uban. The built-up available at this condominium 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 in around 2017.

Tropicana Corp Bhd (fka Dijaya Corp) is a very large real estate company listed on KLSE, and it has undertaken around 74 real estate projects in Malaysia. Other similar projects by the same developer are Bayu Puteri Apartment, Bora Residences, Casa Damansara, Casa Indah 1, Casa Indah 2, Fortune Park, Paloma, Pandora, Tropez Residences and Tropicana Cenang.

Property Type
Condominium
Land Tenure
Freehold
Built-up
400 sf - 1,320 sf
Market Price
RM450,000 - RM810,000
Total Units
-NA-
Completion Date
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 4.4%, compared to 3.16% a year ago in Q3 2022. The highest rental yield ever recorded was 4.4% in Q4 2023; while the lowest one was 2.53% in Q4 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 RM720 psf. For price wise, the most expensive one is Studio / 400 sf with a median price of RM1,130 psf; while the cheapest one is 3-bedroom / 1,320 sf with a median price of RM610 psf.

Latest Tropicana Bay Residences sale listings:

TarikhJenis HartanahBinaanHarga
25 Feb 2024Condominium872 sfRM595,000
25 Feb 2024Condominium1,020 sfRM698,000
25 Feb 2024Condominium550 sfRM520,000
25 Feb 2024Condominium800 sfRM675,000
23 Feb 2024Condominium1,320 sfRM780,000
23 Feb 2024Condominium1,463 sfRM950,000
23 Feb 2024Condominium550 sfRM530,000
21 Feb 2024Condominium615 sfRM520,000
21 Feb 2024Condominium615 sfRM550,000
13 Feb 2024Condominium800 sfRM642,000

Latest Tropicana Bay Residences rental listings:

TarikhJenis HartanahBinaanSewaan
TodayCondominium1,050 sfRM2,400
TodayCondominium1,050 sfRM2,400
TodayCondominium1,050 sfRM2,400
TodayCondominium1,050 sfRM2,400
TodayRoom-NA-RM400
27 Feb 2024Medium Room-NA-RM650
26 Feb 2024Condominium800 sfRM2,200
26 Feb 2024Condominium1,020 sfRM2,400
23 Feb 2024Condominium400 sfRM1,680
23 Feb 2024Condominium872 sfRM2,200
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