penangproperty
Tropicana 218 Macalister β€” subsale serviced apartment in Macalister Road, George Town

Georgetown Β· Subsale Market

Tropicana 218 Macalister Subsale β€” Georgetown, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Tropicana 218 Macalister is a completed freehold condominium in Georgetown, Penang, completed in 2018 by Tropicana Corporation Bhd. It has 88 units. Subsale asking prices currently run about RM1095–1604 per sq ft, with the typical unit asking around RM 999K (from roughly RM 580K). Note: it sits on commercial title, so utilities may be billed at commercial rates.

Price at a glance

Prices as at September 2026 β€” Subsale asking prices basis. Last checked 2026-08-12.

Unit typeSize (sqft)Price fromPSF from
All units378–1,300RM580,000RM1,095

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Tropicana 218 Macalister subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Tropicana 218 Macalister.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

How Tropicana 218 Macalister is priced within Georgetown

RM764 psfβ‰ˆRM1095 psfRM1507 psf

At roughly RM1095 psf, Tropicana 218 Macalister sits mid-band for Georgetown (RM764–1507 psf). This is the range where unit-specific factors β€” floor, view, renovation, facing β€” matter more than the address itself when you negotiate.

Area gross yield

~4%

Typical for Georgetown condos

Building age

8 years

Completed 2018

PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β€” see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.

The Tropicana 218 Macalister pre-purchase checklist

  1. 1.Remaining lease (if leasehold) β€” Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
  2. 2.Outstanding charges and caveats β€” Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparables β€” Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
  4. 4.Exit tax position β€” Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession terms β€” Agree in writing what stays β€” air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.

Tropicana 218 Macalister price 2026

What Tropicana 218 Macalister trades at on the sub-sale market, last checked 2026-08-12.

Asking fromRM580,000 – RM1.75M
PSFRM1095 – 1604
Built-up378 – 1,300 sqft
Completed2018
Units88

Verified sub-sale asking prices. Asking is not transacted β€” expect movement between the two.

The building is 8 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.

A foreign buyer can purchase here β€” the RM1M minimum is cleared by the larger units, though not at the entry price. Add the state levy, a flat 8% stamp duty and 3–4 months for state consent.

Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β€” and if you are near the five-to-six-year line, the date matters more than the price.

Tropicana 218 Macalister for sale & for rent

Looking to buy or rent a unit in Tropicana 218 Macalister? Asking prices and rents move with the market and with the specific unit β€” floor, facing, condition β€” so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.

Tropicana 218 Macalister key facts

Developer
Tropicana Corporation Bhd
Area
Georgetown, Penang
Type
serviced apartment
Tenure
freehold Β· commercial
Completed
2018
Total units
88
Asking PSF
RM1095–1604
Price from
RM 580K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Tropicana 218 Macalister:

View full Tropicana 218 Macalister profile β†’

Georgetown β€” area snapshot

Full area guide β†’

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 436K – RM 2.8M

asking prices in area

Active projects

4

selling or under construction

Subsale condos

4

completed projects

Total tracked

9

properties in this area

Other projects in Georgetown

All 8 others we track here, cheapest first β€” 4 of them still selling.

Tropicana 218 Macalister subsale β€” common questions

What is the price of Tropicana 218 Macalister?

Tropicana 218 Macalister runs RM580,000 to RM1,750,000. These are verified sub-sale asking prices, not transacted figures β€” expect movement between the two. That works out to about RM1,095–1,604 per square foot. Checked 2026-08-12.

Is Tropicana 218 Macalister freehold or leasehold?

Tropicana 218 Macalister is freehold, on a commercial title. Those are two separate facts and only the first usually appears in marketing. A commercial title means commercial utility and assessment tariffs, and a tighter loan margin at most banks.

Can a foreigner buy at Tropicana 218 Macalister?

Yes, on the larger units. Penang Island sets a RM1,000,000 minimum for foreign buyers, which the entry price does not clear. Add a state levy, a flat 8% stamp duty, and 3–4 months for state consent.

When was Tropicana 218 Macalister completed?

Tropicana 218 Macalister completed in 2018, developed by Tropicana Corporation Bhd. Units here trade sub-sale.

How big are the units at Tropicana 218 Macalister?

Built-ups run 378 to 1,300 sq ft. There are 88 units in total.

What does commercial title mean here?

Utilities may be billed at commercial rates and it suits serviced/short-stay letting. Ask Zac for the practical implications.

More on the neighbourhood:

Georgetown area guide β€” schools, transport, PSF, lifestyle scorecard β†’

Substitutes worth comparing

Open full comparison β†’

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

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