Tropicana Residences
Residential Transaction Prices
Tropicana Residences is a township/project located in Melaka Tengah, Melaka. The median transacted price for Tropicana Residences is RM 390,000 with a median transacted price of RM 403.05 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 390,000
- YoY
Lower: RM 370,000
Upper: RM 500,000
Median price per sq.ft. (psf)
RM 403.05
- YoY
Lower: RM 266.47
Upper: RM 453.19
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Tropicana Residences Median Price Psf
Latest Transactions from Aug 23 to Jul 24
(4 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| July 2024 | Apartment | Freehold | N/A | 893.40 sq.ft | N/A | RM 380,000 | RM 425 | |
| January 2024 | Apartment | Freehold | N/A | 1,388.54 sq.ft | N/A | RM 370,000 | RM 266 | |
| January 2024 | Apartment | Freehold | N/A | 882.64 sq.ft | N/A | RM 400,000 | RM 453 | |
| September 2023 | Apartment | Freehold | N/A | 1,313.20 sq.ft | N/A | RM 500,000 | RM 381 |
July 2024
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 893.40 sq.ft
Build Area: N/A
Transaction: RM 380,000
Price PSF: RM 425
January 2024
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 1,388.54 sq.ft
Build Area: N/A
Transaction: RM 370,000
Price PSF: RM 266
January 2024
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 882.64 sq.ft
Build Area: N/A
Transaction: RM 400,000
Price PSF: RM 453
September 2023
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 1,313.20 sq.ft
Build Area: N/A
Transaction: RM 500,000
Price PSF: RM 381
Frequently Asked Questions
What factors affect residential property prices in Tropicana Residences, Melaka Tengah?
Residential property prices in Tropicana Residences, Melaka Tengah are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in Tropicana Residences, Melaka Tengah?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Tropicana Residences, Melaka Tengah.
How have residential property prices changed recently in Tropicana Residences, Melaka Tengah?
In the past 12 months, residential property prices in Tropicana Residences, Melaka Tengah have decreased by % YoY.
What is the median price for residential property in Tropicana Residences, Melaka Tengah?
The median price for residential property in Tropicana Residences, Melaka Tengah is RM 390,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.