Georgetown · Subsale Market
Tropicana 218 Macalister Subsale — Georgetown, Penang
Current asking prices, Zac's honest take, and what to check before you buy. Ask for the current shortlist on WhatsApp.
Tropicana 218 Macalister is a completed freehold condominium in Georgetown, Penang, completed in 2018 by Tropicana Corporation Bhd. It has 299 units. Subsale asking prices currently run about RM1100–1600 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 November 2026 — Subsale asking prices basis. Last checked 2026-10-12.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| All units | 378–1,300 | RM580,000 | RM1,100 |
Zac’s Take
Zac Ong
Tropicana 218 Macalister is the branded, integrated play on Macalister Road — a Tropicana development of about 299 homes (211 Neo suites and 88 serviced residences) beside a Courtyard by Marriott hotel, freehold, completed 2018.
My take: you're buying a recognised brand, a central George Town position, and strong hospitality/rental appeal. Asking runs a wide RM1,100–1,600 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 unit and floor suits your use.
Reviews and comparisons
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Tropicana 218 Macalister subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within months, not years. Most resales complete in four to six months, a little longer if you need state consent as a foreign buyer.
Verified surroundings
Georgetown's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Tropicana 218 Macalister.
Established maintenance
The building has a track record. Ask for the management accounts, sinking fund balance and recent meeting minutes before you commit.
How Tropicana 218 Macalister is priced within Georgetown
At roughly RM1100 psf, Tropicana 218 Macalister sits mid-band for Georgetown (RM740–1810 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.
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 — 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.Remaining lease (if leasehold) — 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.Outstanding charges and caveats — Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
- 3.Genuine transacted comparables — 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.Exit tax position — Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
- 5.Vacant possession terms — Agree in writing what stays — 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 2026-10-12.
| Asking from | RM580,000 – RM1.75M |
| PSF | RM1100 – 1600 |
| Built-up | 378 – 1,300 sqft |
| Completed | 2018 |
| Units | 299 |
Verified sub-sale asking prices. Asking is not transacted — 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 — 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 — 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
Asking rents at Tropicana 218 Macalister ran from about RM2,000–4,300 a month in September–October 2026, from studios to two-bedroom units. Rents depend on the floor, view and furnishing, so message Zac for what is actually available to buy or rent today.
Tropicana 218 Macalister key facts
- Developer
- Tropicana Corporation Bhd
- Area
- Georgetown, Penang
- Type
- serviced apartment
- Tenure
- freehold · commercial
- Completed
- 2018
- Total units
- 299
- Asking PSF
- RM1100–1600
- Price from
- RM 580K
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 436K – RM 2.2M
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 — 4 of them still selling.
- Scott @ LoganRM436K
- Mansion OneRM550K
- 22 MacalisterzRM580K
- G'VintonRM596K
- Noordinz SuitesRM627K
- Beacon Executive SuitesRM700K
- Lumina ResidenceRM1.03M
- Shorefront ResidencesRM2.18M
Tropicana 218 Macalister subsale — 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 — expect movement between the two. That works out to about RM1,100–1,600 per square foot. Checked 2026-10-12.
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 of strata property, which the entry price does not clear. MM2H participants have a lower minimum of RM500,000 (residential, up to two homes), which opens the cheaper units too. Add the state levy, a flat 8% stamp duty, and 3–4 months for state consent.
How much is the rent at Tropicana 218 Macalister?
Asking rents ran from RM2,000 to RM4,300 a month in September–October 2026, from studios to two-bedroom units. These are asking rents on the main property portals, not signed leases. Short-term holiday letting isn't allowed in condos on Penang Island, so think in one- or two-year tenancies.
When was Tropicana 218 Macalister completed?
Tropicana 218 Macalister was completed in 2018 by Tropicana Corporation Bhd, so homes here are bought from existing owners.
How big are the homes at Tropicana 218 Macalister?
Homes range from about 378 to 1,300 sq ft. There are 299 homes 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 — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.