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Tropicana Bay Residences — subsale property in Sungai Ara, Bayan Lepas

Bayan Lepas · Subsale Market

Tropicana Bay Residences Subsale — Bayan Lepas, Penang

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

Tropicana Bay Residences is a completed freehold condominium in Bayan Lepas, Penang, completed in 2017 by Hunza Properties Berhad. It has 1248 units. Subsale asking prices currently run about RM568–1100 per sq ft (from roughly RM 315K).

Price at a glance

Prices as at September 2026Subsale asking prices basis. Last checked 2026-07-30.

Unit typeSize (sqft)Price fromPSF from
All units400–1,320RM315,000RM568

Available Listings

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

Ask Zac about availability

Why buy a Tropicana Bay Residences subsale (vs a new launch elsewhere)

Immediate occupancy

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

Verified surroundings

Bayan Lepas's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Tropicana Bay Residences.

Established maintenance

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

How Tropicana Bay Residences is priced within Bayan Lepas

RM400 psf≈RM568 psfRM750 psf

At roughly RM568 psf, Tropicana Bay Residences sits mid-band for Bayan Lepas (RM400–750 psf). This is the range where unit-specific factors — floor, view, renovation, facing — matter more than the address itself when you negotiate.

Area gross yield

~5.2%

Typical for Bayan Lepas condos

Building age

9 years

Completed 2017

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 Bay Residences pre-purchase checklist

  1. 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. 2.Outstanding charges and caveatsYour lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparablesAsk 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 positionModel your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession termsAgree in writing what stays — air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.

Tropicana Bay Residences price 2026

What Tropicana Bay Residences trades at on the sub-sale market, last checked 2026-07-30.

Asking fromRM315,000 – RM850,000
PSFRM568 – 1100
Built-up400 – 1,320 sqft
Completed2017
Units1,248

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

The building is 9 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.

Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.

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 Bay Residences for sale & for rent

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

Tropicana Bay Residences key facts

Developer
Hunza Properties Berhad
Area
Bayan Lepas, Penang
Tenure
freehold · residential
Completed
2017
Total units
1248
Asking PSF
RM568–1100
Price from
RM 315K

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

View full Tropicana Bay Residences profile →

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 342KRM 1.2M

asking prices in area

Active projects

5

selling or under construction

Subsale condos

9

completed projects

Total tracked

15

properties in this area

Other projects in Bayan Lepas

All 14 others we track here, cheapest first — 5 of them still selling.

Tropicana Bay Residences subsale — common questions

What is the price of Tropicana Bay Residences?

Tropicana Bay Residences runs RM315,000 to RM850,000. These are verified sub-sale asking prices, not transacted figures — expect movement between the two. That works out to about RM568–1,100 per square foot. Checked 2026-07-30.

Is Tropicana Bay Residences freehold or leasehold?

Tropicana Bay Residences is freehold, on a residential title. Those are two separate facts and only the first usually appears in marketing.

Can a foreigner buy at Tropicana Bay Residences?

Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Tropicana Bay Residences is open to Malaysian and PR buyers only.

When was Tropicana Bay Residences completed?

Tropicana Bay Residences completed in 2017, developed by Hunza Properties Berhad. Units here trade sub-sale.

How big are the units at Tropicana Bay Residences?

Built-ups run 400 to 1,320 sq ft. There are 1,248 units in total. At that density, expect to compete with a lot of near-identical units when you sell.

What is Tropicana Bay Residences?

A freehold condominium by Hunza Properties Berhad in Bayan Lepas (Penang World City), completed in 2017 with 1,248 units.

More on the neighbourhood:

Bayan Lepas 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.

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