CompletedfreeholdresidentialEst. 2017

Hunza Properties Berhad

Tropicana Bay Residences

Name: Tropicana Bay Residences
Brand: Hunza Properties Berhad
Availability: Discontinued

Sungai Ara, Bayan Lepas

From

RM 454K

RM 493–1122 PSF · Completion 2017

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📲 Price list 📲 Floor plans 📅 Site visit

Tenure

freehold

Title

residential

Total Units

1248

Completion

2017

From: RM 454K
PSF: RM 493–1122
Tenure: freehold
Total units: 1248
Status: completed
Completion: 2017

Zac’s Take

Zac Ong

Hunza Properties has a solid reputation in Penang — they built Gurney Paragon and are known for quality. Tropicana Bay Residences in Sungai Ara is a quieter, more residential proposition compared to the Bayan Mutiara seafront projects. Freehold residential title is the standout credential here. Contact me for current pricing and availability — Hunza tends to price selectively.

Tropicana Bay Residences unit types

Type	Config	Size (sqft)	Units	Car parks
A	Studio	455	—	1
B	1-bedroom	550–650	—	1
C	1+1 bedroom	872	—	1
D	2+1 bedroom	1,000–1,320	—	2
Total			—

Facilities

Infinity PoolLap PoolTennis CourtSquash CourtBadminton CourtHalf Basketball CourtSky GymMini CinemaKaraoke RoomMultipurpose HallResident Rooftop LoungeChillaxation DeckRidge DeckMeditation PlazaClubhouseGuardhouse24-Hour SecurityAccess ControlCovered ParkingManagement OfficeRetail SpacesSchool Bus Drop OffCoach Drop Off

What's nearby

🏥 Healthcare

Pantai Hospital Penang2.5km
KPJ Penang Specialist Hospital4.0km
Hospital Lam Wah Ee5.0km

🎓 Schools

SK Sungai Nibong2.0km
SMK Sungai Nibong2.2km
SJK(C) Kwang Hwa2.5km
Universiti Sains Malaysia (USM)4.0km

🛍 Shopping

Queensbay Mall2.5km
Penang World City Commercial300m
Sunway Carnival Mall7.0km

Monthly Instalment Calculator

Property Price (RM)Down Payment (%)Loan Tenure (years)Interest Rate (%)

Monthly Instalment

RM 1,833

Total Interest

RM 361,503

Total Outlay

RM 815,403

📲 Discuss financing options with Zac

Bayan Lepas — area snapshot

Full area guide →

Bayan Lepas is the island's industrial and tech hub, home to the Free Trade Zone and Penang International Airport. Condo demand comes primarily from professionals working in the area.

Price range

RM 300K – RM 1.2M

asking prices in area

Active projects

selling or under construction

Subsale condos

completed projects

Total tracked

properties in this area

Other projects in Bayan Lepas

SENZE @ PICC · RM 1.2M Avion Residence · RM 342K Forest Ville · RM 450K Goodwood Residence · RM 500K Havana Beach Residences · RM 300K London Pavilion · RM 418K Lucerne Residences · RM 664K Maldives Residences · RM 498K +8 more →

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

Purchase price (RM)

Downpayment (%)

First-time buyerForeign buyer

Downpayment	RM 45,390
SPA stamp duty	RM 8,078
SPA legal fee	RM 5,674
MOT stamp duty (at VP) Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.	RM 8,078
Loan stamp duty (0.5%)	RM 2,043
Loan agreement legal fee	RM 2,043
Valuation fee	RM 1,000
Search, admin, misc	RM 1,000
Gross upfront total	RM 73,305

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

SPA legal fee absorbed

Panel lawyer provided by developer

− RM 5,674

Loan stamp duty absorbed

0.5% on loan amount

− RM 2,043

Loan legal fee absorbed

Loan documentation fees

− RM 2,043

MOT stamp duty absorbed

Rare — confirm with developer

—

Cash rebate3% = RM 13,617

0%5%10%

Total developer savings− RM 23,376

Net upfront (after savings)

Based on typical 2026 new launch package

RM 49,929

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is Tropicana Bay Residences?

Units at Tropicana Bay Residences start from RM 454K (around RM 493–1122 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Tropicana Bay Residences freehold or leasehold?

Tropicana Bay Residences is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

Expected Vacant Possession is 2017, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of Tropicana Bay Residences?

Tropicana Bay Residences is developed by Hunza Properties Berhad. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

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Forest Ville

Ideal Property Group

From RM 450K

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Goodwood Residence

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From RM 500K

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Solaria Residences

Ideal Property Group

From RM 480K

From

RM 454K

Tropicana Bay Residences

Chat with Zac now