95 Houses for Sale at Tropicana Bay Residences, Bayan Lepas, Penang

Tropicana Bay Residences is a freehold condominium in Bayan Lepas, Penang. There are currently 95 listing(s) available for sale on iProperty Malaysia. The listings start from RM600K for units with 750 sqft.

You can search for other projects within Bayan Lepas such as Iconic Regency, Saujana Damai, and The Peak, Sungai Nibong. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.

The iProperty Take on Buying Tropicana Bay Residences

Over the last 30 days, 5.71% of property searches in Bayan Lepas were for Tropicana Bay Residences. The 3-Bedroom configuration is the most-searched unit type among the 87 total units currently available for sale. Asking prices for 3-Bedroom units are modestly above the Bayan Lepas average, while 2-Bedroom units are priced modestly below the township benchmark. The 1-Bedroom configuration is priced well above the township average, a reflection of its strong demand rather than limited supply.

Developer & Launch

Tropicana Bay Residences is a Condominium developed by Tropicana Ivory Sdn. Bhd. located in Bayan Lepas. The project reached completion in 2017.

This Freehold property consists of 1,343 units within 1 building that stands 22 floors high. Available unit configurations include New Tower F Type A1 with 1 bedroom and 1 bathroom at 400 sq ft, Type B1 with 1 bedroom and 1 bathroom at 550 sq ft, Type C1 with 3 bedrooms and 2 bathrooms, and Tower A with 1 bedroom and 1 bathroom at 455 sq ft.

Top Amenities & Facilities at Tropicana Bay Residences

Tropicana Bay Residences provides a selection of recreational facilities designed for residents to enjoy an active lifestyle within the development. These amenities offer various options for sports and leisure activities on the project grounds.

• Swimming pool
• Playground
• Basketball court
• Tennis courts
• Badminton hall

Pricing by Unit Type

• Studio
  • Average asking price: RM 426K
  • Asking PSF: RM 921 psf
  • vs. Bayan Lepas avg. PSF: RM 855 psf (7.68% above average)
  • Positioning: Fair value.
  • Listings: 7
• 1-Bedroom
  • Average asking price: RM 440K
  • Asking PSF: RM 974 psf
  • vs. Bayan Lepas avg. PSF: RM 741 psf (31.48% above average)
  • Positioning: Premium.
  • Listings: 6
• 2-Bedroom
  • Average asking price: RM 516K
  • Asking PSF: RM 775 psf
  • vs. Bayan Lepas avg. PSF: RM 907 psf (14.47% below average)
  • Positioning: Below average.
  • Listings: 19
• 3-Bedroom
  • Average asking price: RM 688K
  • Asking PSF: RM 656 psf
  • vs. Bayan Lepas avg. PSF: RM 583 psf (12.62% above average)
  • Positioning: Above average.
  • Listings: 50
• 4-Bedroom
  • Average asking price: RM 1.07M
  • Asking PSF: RM 615 psf
  • vs. Bayan Lepas avg. PSF: RM 675 psf (8.83% below average)
  • Positioning: Fair value.
  • Listings: 5

Neighbourhood at a Glance

Tropicana Bay Residences is located within walking distance of essential services and local amenities in the Bayan Lepas area. This verified location context provides buyers with a clear overview of the immediate surroundings and available transport links.

• TRANSPORT: Jeti Pulau Jerejak Bus Stop, 479 m (6 minutes walking distance)
• HEALTHCARE: O2 Clinic Skin Specialist, 761 m (9 minutes walking distance)
• FOOD & BEVERAGE: Aunty Q Kitchen & Bar Summerton, 616 m (7 minutes walking distance)
• CONVENIENCE STORE: 7-Eleven, 605 m (7 minutes walking distance)

Past Transaction & Price Insights

Tropicana Bay Residences recorded transactions from 2023 to 2026 with a median price of RM671 PSF. The typical price range for this period was between RM613 PSF and RM712 PSF.

A 1-bedroom New Tower F Type A1 unit of 400 sqft sold for RM400,000 at RM1,000 PSF in July 2023, while a 3-bedroom Tower E Type C unit of 872 sqft transacted for RM660,000 at RM757 PSF in January 2023. The project saw a price decline of -7.79%. The estimated gross rental yield is 13.74% based on current project rental listings and matched historical sale transactions.

Ready to Make Your Move?

86 homes are currently for sale at Tropicana Bay Residences, starting from RM368,000. See what's currently on the market and compare layouts side by side.

This copy was published on 25 September 2026.