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TROPICANA BAY RESIDENCES

Persiaran Bayan Indah, 11900 Bayan Lepas, Penang

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 Categories Condominium

Today
(Under Construction)
This project is estimated to be completed in 7 months

2017 Sep
(Year of Completion)
Launch Price RM 520,500 - RM 1,721,125
Subsale Price NIL
Rental Price NIL
Maintenance
400 sq ft - 1,945 sq ft
Built Up
Residential
Land Title
Freehold
Tenure
6
Total Blocks
22
Total Storey
1343
Total Units
1
Parking
See more details about Tropicana Bay Residences

Floor Plans

Bedrooms
0
Bathrooms
1
Category
Condominium
Built Up
455 sq ft

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Tropicana Bay Residences Review

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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.

Facilities

Clubhouse
Squash / Badminton courts
Multipurpose hall
Mini cinema / Karaoke
Children's playground (covered)
Half basketball court
Tennis court
Gymnasium
Pool deck
Infinity pool
Landscaped park / Walkway
Ridge deck / Chillaxation terrace
Lap / Kids' pool
Sky deck
Coach & School bus drop off area
Foot reflexology path
Yoga / Tai chi / Moon plaza

Extras

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants

Developers

Ivory Properties Group Berhad

Ivory Properties Group Berhad are a premier public listed property development group in Northern Malaysia with an outstanding and enviable track-record.

All their projects are completed with their signature focus on bold innovative designs, fresh lifestyle concepts, quality craftsmanship & workmanship, timely delivery and superior customer service.

Ivory Properties Group Berhad have carved a strong niche and reputation in successfully reviving abandoned as well as hard-to-execute projects. Their vertically integrated range of in-house expertise includes architecture, engineering, construction, interior design and sales & marketing. This vertical integration enables them to control the construction process to ensure timely and quality delivery.

Their passion and dedication to the property industry has won them a loyal following among discerning property purchasers throughout the world apart from numerous industry awards.


[More Details: Official Website]
Tropicana Corporation Berhad

Tropicana Corporation Berhad brings together a range of diverse companies devoted to the same ideals – to deliver value to our customers and investors by creating quality developments in which people want to live, work and play.

Tropicana Corporation is a pioneer in resort-style home concepts with a strong track record in residential and commercial developments. We consistently provide customers with attractive and sustainable developments while extracting high value from the land we develop. 90% of the Group’s revenue is generated by its property development, resort operations and property investment.

Tropicana Corporation Berhad also successfully manages a realm of businesses that includes Property Investment, Property Management, Investment Holding and Manufacturing. This large scale of successful ventures propelled the Group onto the Main Board of Bursa Malaysia in 1992. Since then, the Company has consistently explored new frontiers with significant growth potential such as retail and office space, hotel and education.

The impressive track record of Tropicana Corporation is largely a result of its strategy of offering premium locations, innovative building concepts and natural living quality to customers. The company has also widened its geographical reach and scope beyond the Klang Valley to prime locations in Penang, Johor Bahru, Negeri Sembilan and Sabah.

However, it is far more than buildings or structural works. We believe in making a vital contribution to the landscape, to the communities we help create and to the environment as a whole. We are committed towards meeting the needs of the present without compromising the progress of future generations.


[More Details: Official Website]

Nearby Property Price Analysis

Upcoming Properties Nearby

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Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Tropicana Bay Residences Sep 2017 RM 520,500 - RM 1,721,125 NIL
QuayWest Residence Jun 2017 RM 200,000 - RM 2,200,000 RM 568,000 - RM 830,000
RM 686 psf - RM 704 psf
Penang World City 2019 RM 520,500 - RM 1,721,125 NIL
3 For Sale in QuayWest Residence
Recently Completed Properties Nearby

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 Sep 2017 NIL NIL NIL NIL
Taman Pantai Indah Dec 2016 RM 1,800,000 - RM 1,800,000
RM 530 psf - RM 530 psf
NIL NIL NIL
Vilaris Jan 2016 From RM 2,180,000 NIL NIL NIL
Summerton Condominium Apr 2014 RM 650,000 - RM 1,800,000
RM 394 psf - RM 792 psf
RM 2,000 - RM 2,000 NIL 2.8 %
Summerton Bayan Indah 2014 RM 1,160,000 - RM 1,500,000
RM 598 psf - RM 815 psf
RM 1,800 - RM 1,800 RM 799,364 (RM 541 psf) 3.55 %
The Uban Residence 2010 RM 1,100,000 - RM 1,100,000
RM 564 psf - RM 564 psf
RM 2,500 - RM 2,500 RM 1,390,000 (RM 504 psf) 2.24 %
Bayan Mutiara 2008 RM 1,600,000 - RM 4,200,000 RM 2,600 - RM 2,600 RM 1,100,380 (RM 245 psf) 1.08 %
1 For Sale in Taman Pantai Indah 14 For Sale in Summerton Condominium 44 For Rent in Summerton Condominium 4 For Sale in Summerton Bayan Indah 17 For Rent in Summerton Bayan Indah 1 For Sale in The Uban Residence 3 For Rent in The Uban Residence
Nearby Property Transactions Price Trend

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Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 sq ft RM 75 psf - -
500 - 1,000 sq ft RM 495 psf - -
1,000 - 1,500 sq ft RM 562 psf RM 159 psf RM 965 psf
1,500 - 2,500 sq ft RM 556 psf RM 337 psf RM 239 psf
2,500 - 4,000 sq ft RM 483 psf RM 162 psf RM 502 psf
4,000 sq ft and above - RM 231 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 438 psf
Non Landed Properties
RM 272 psf
Landed Properties
RM 670 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 52,050
    Loan Amount ( 90 %) RM 468,450
    Tenure Years 35 Years
    Interest Rate %
    Interest Amount RM 468,450
    Others (Estimation) RM 10,000
    Personalize Your Mortgage
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By
    Maintenance Fee
    RM 100 ±
    RM 0.25 psf (400 sq ft)
    Total Monthly Expenses
    RM 3,000 ±
    Home Mortgage Calculator

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