Tropicana Corporation Bhd
Tropicana 218 Macalister
Macalister Road, George Town
From
RM 755K
RM 971–1604 PSF · Completion 2018
Tenure
freehold
Title
commercial
Total Units
88
Completion
2018
- From
- RM 755K
- PSF
- RM 971–1604
- Tenure
- freehold
- Total units
- 88
- Status
- completed
- Completion
- 2018
Zac’s Take
Zac Ong
Tropicana 218 Macalister is the branded, integrated play on Macalister Road — a Tropicana development with a boutique 88-unit serviced-apartment component, freehold, completed 2018.
My honest take: you're buying a recognised brand, a central George Town position, and strong hospitality/rental appeal. Asking runs a wide RM971–1,604 psf; it's on commercial title, so factor commercial utility rates. Good for an investor who wants a managed, central, brand-backed asset. Ask me which stack and floor suits your use.
Monthly Instalment Calculator
Monthly Instalment
RM 3,050
Total Interest
RM 601,310
Total Outlay
RM 1,356,310
Georgetown — area snapshot
Full area guide →Georgetown is the UNESCO World Heritage City and Penang's urban core. Heritage shophouses and modern serviced suites coexist; buyer profiles range from heritage lovers to city professionals.
Price range
RM 73K – RM 2.9M
asking prices in area
Active projects
4
selling or under construction
Subsale condos
6
completed projects
Total tracked
11
properties in this area
Total Cost Breakdown
Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.
| Downpayment | RM 75,500 |
| SPA stamp duty | RM 16,650 |
| SPA legal fee | RM 8,800 |
| MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer. | RM 16,650 |
| Loan stamp duty (0.5%) | RM 3,398 |
| Loan agreement legal fee | RM 3,398 |
| Valuation fee | RM 2,000 |
| Search, admin, misc | RM 1,000 |
| Gross upfront total | RM 127,395 |
New launch — typical developer savings
Toggle what the developer is absorbing. Confirm the actual package before signing.
Net upfront (after savings)
Based on typical 2026 new launch package
Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →
Frequently asked questions
Is Tropicana 218 Macalister freehold?
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What are prices at Tropicana 218 Macalister?
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What does commercial title mean here?
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Can foreigners buy at Tropicana 218 Macalister?
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Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.
From
RM 755K
Tropicana 218 Macalister