Persiaran Bayan Indah, 11900 Bayan Lepas, Penang
|Launch Price||RM 520,500 - RM 1,721,125|
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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.
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.
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.
Did you know?
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 686 psf - RM 704 psf
|Penang World City||2019||RM 520,500 - RM 1,721,125||NIL|
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 530 psf - RM 530 psf
|Vilaris||Jan 2016||From RM 2,180,000||NIL||NIL||NIL|
|Summerton Condominium||Apr 2014||
RM 394 psf - RM 792 psf
|RM 2,000 - RM 2,000||NIL||2.8 %|
|Summerton Bayan Indah||2014||
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 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 %|
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
|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||-|
|Down Payment (10%)||RM 52,050|
|Loan Amount ( 90 %)||RM 468,450|
|Tenure Years||35 Years|
|Interest Amount||RM 468,450|
|Others (Estimation)||RM 10,000|
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