River Tropics
Residential Transaction Prices
River Tropics is a township/project located in Seberang Perai Tengah, Pulau Pinang. The median transacted price for River Tropics is RM 499,000 with a median transacted price of RM 348.56 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 499,000
-0.20% YoY
Lower: RM 490,000
Upper: RM 500,000
Median price per sq.ft. (psf)
RM 348.56
-3.95% YoY
Lower: RM 347.50
Upper: RM 357.32
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.
River Tropics Median Price Psf
Latest Transactions from Feb 24 to Jan 25
(3 Transactions)
| Sales Date | Property Type | Tenure | Road | Land Area | Build Up | Unit Level | Transaction Price | Price PSF |
|---|---|---|---|---|---|---|---|---|
| January 2025 | Apartment | Freehold | N/A | 1,399.31 sq.ft | N/A | 8 | RM 500,000 | RM 357 |
| July 2024 | Apartment | Freehold | N/A | 1,431.60 sq.ft | N/A | RM 499,000 | RM 349 | |
| May 2024 | Apartment | Freehold | N/A | 1,410.07 sq.ft | N/A | RM 490,000 | RM 348 |
January 2025
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 1,399.31 sq.ft
Build Area: N/A
Transaction: RM 500,000
Price PSF: RM 357
July 2024
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 1,431.60 sq.ft
Build Area: N/A
Transaction: RM 499,000
Price PSF: RM 349
May 2024
Type: Apartment
Tenure: Freehold
Road: N/A
Land Area: 1,410.07 sq.ft
Build Area: N/A
Transaction: RM 490,000
Price PSF: RM 348
Frequently Asked Questions
What factors affect residential property prices in River Tropics, Seberang Perai Tengah?
Residential property prices in River Tropics, Seberang Perai Tengah are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will residential property prices fluctuate in River Tropics, Seberang Perai Tengah?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in River Tropics, Seberang Perai Tengah.
How have residential property prices changed recently in River Tropics, Seberang Perai Tengah?
In the past 12 months, residential property prices in River Tropics, Seberang Perai Tengah have decreased by -0.20% YoY.
What is the median price for residential property in River Tropics, Seberang Perai Tengah?
The median price for residential property in River Tropics, Seberang Perai Tengah is RM 499,000.
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.