Tropicana Bay Residences is a high-rise condominium development designed with the need for unimpeded views of the ocean and the Penang hill in mind, along with convenience of location. Upon completion in 2017, the project will add to the ever-changing skyline of Penang with five blocks of residences towering 22 storeys in Bayan Indah.
The waterfront property of Tropicana Bay Residences is unique in the sense that all residents can enjoy picturesque views from their homes due to the property’s ingenious design, positioning all units to face either the ocean or the hills.
The ambitious project will house 1,343 condominium units in total with a choice of seven different layout designs with sizes ranging from 400 sf to 1,945 sf to suit a variety of needs and an array of facilities for the convenience of residents. These amenities include several swimming pools, squash courts, badminton courts, an in-house mini cinema and karaoke room, and others.
Tropicana Bay Residences is also situated within the vicinity of conveniences in the area such as the Sungai Nibong Primary School, Sungai Nibong High School and Kwang Hwa Chinese School and also educational establishments, Universiti Sains Malaysia (USM) and the Penang Skills Development Centre. Queensbay Mall and Bukit Jambul Complex as well as many other shops and restaurants are also nearby.
Tropicana Bay Residences is also strategically situated off the Tun Dr. Lim Chong Eu Highway, giving residents easy access to the Jelutong Expressway, the Bayan Lepas Expressway, Jalan Sultan Azlan Shah and also the first Penang Bridge. The residences are also within close proximity to transportation hubs such as the Sungai Nibong Express Bus Terminal, Sungai Nibong Rapid Penang Bus Hub and Sungai Nibong Taxi Station.
No articles available for this property.
Would you like to see our Articles page instead?
Plan a site visit, or request for more information on this floor plan now!
CLICK HERE TO USE MAP
Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Tropicana Bay Residences | Sept 2017 |
RM385,000
-
RM1,500,000
RM 495 psf - RM 1,136 psf |
RM990 - RM990 | NIL | 2.73 % |
| Taman Pantai Indah | Dec 2016 | NIL | NIL | NIL | NIL |
| Vilaris | Jan 2016 |
RM1,088,000
-
RM2,500,000
RM 291 psf - RM 519 psf |
NIL | NIL | NIL |
| Summerton Condominium | Apr 2014 |
RM680,000
-
RM1,900,000
RM 415 psf - RM 829 psf |
RM1,700 - RM1,700 | NIL | 2.43 % |
| Summerton Bayan Indah | 2014 |
RM1,200,000
-
RM1,900,000
RM 652 psf - RM 806 psf |
RM1,800 - RM1,800 | NIL | 1.89 % |
| Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
| The Uban Residence | 2010 |
RM880,000
-
RM1,300,000
RM 418 psf - RM 650 psf |
RM2,200 - RM2,200 | NIL | 2.15 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | RM 557 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 463 psf | RM 404,146 psf | - |
| 1,500 - 2,500 SQ. FT | RM 471 psf | RM 409,000 psf | - |
| 2,500 - 4,000 SQ. FT | RM 579 psf | RM 1,568,333 psf | - |
| 4,000 SQ. FT and above | - | RM 3,190,000 psf | - |
Note:
| Down Payment (10%) | RM 52,050 |
| Loan Amount ( 90 %) | RM 468,450 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Tropicana Bay Residences? Fill in your details and we will get right back to you!
