110 Houses for Sale at Tropicana Bay Residences
Tropicana Bay Residences is located in Penang World City, off Lebuhraya Tun Dr. Lim Chong Eu, Bayan Lepas, Penang. It is a freehold high-rise condominium development. The main unique selling point of this property is its strategic location. As mentioned above, Tropicana Bay Residences is located in Penang World City, also referred to as Tropicana Bay Residences 2 PWC, where many facilities and amenities are provided. It also has the best accessibility in this area for the residences, such as the Tun Dr Lim Chong Eu Expressway. Another selling point is perhaps, its spectacular view from the condominium. Two blocks will be facing the Tun Dr Lim Chong Eu Expressway, while another four will face the beautiful coast. Besides that, Tropicana Bay Residences is targeting young working people, who are seeking a stylish designed home with an affordable price. The two developers combine their forces to tailor a home for them. Hence, it is a condominium that can satisfy the youngsters’ taste of advanced and modern lifestyle, while meeting their purchasing budget. Penang World City, where the property is located, is a known getaway of Penang Island. It is right off the land mark of Penang Bridge. It is close to the ports and has a perfect visibility from both land and sea. There are three routes that are connected to the residences, which are Bayan Lepas, Bayan Baru and Bayan Indah. The property is only a 30 minutes drive to George Town and Balik Pulau by using the Tun Dr Lim Chong Eu Expressway. Public transport is also provided in this area. Hence, it is highly accessible to the amenities nearby. Although not in abundance and most of the facilities are still being planned and built, there are enough to meet the residences’ needs. For example, Queensbay Mall, Pantai Hospital in Bayan Baru and schools are within easy reach such as Sungai Nibong National School, Phor Tay High School, Keong Hoe Chinese Primary School and Universiti Sains Malaysia. Other amenities in the area include food courts, restaurants, banks, clinics, petrol stations and more.Tropicana Bay Residence features a lot of amenities for its residences. It includes covered children playground, squash/badminton courts, mini cinema/karaoke, half basketball court, infinity pool, pool deck, kid’s pool, sky deck, foot reflexology path and landscape park. More and more amenities are still being proposed, such as clubhouse and gymnasium. This property is safeguarded by 24-hour security services. Visitors will be screened before entering the block and CCTV will also be installed. The freehold high-rise condominium consists of total 6 blocks. They cover 41.5ha freehold land with 27.3ha existing land and another 14.2ha to be reclaimed. The property’s built-up areas of each unit range from 455 to 1,945 sq ft. The residence carries 1,343 residential units. Seven floor plans are proposed in these towers, which are Type A, A1, B, B1, C, C1 and D2. The smallest unit is a studio typed apartment for single and young couple. The largest unit is the merging of two studio apartments and is over 800 sq ft. So, it can be seen that all the units are relatively small compared to other condominium units. The property is semi-furnished with in-built kitchen cabinets and installed appliances such as a modern cooking stove, washer and dryer machines. There are many schools nearby Tropicana Bay Residences, some of the famous ones are: SK Minden Heights SRJK (C) Keong Hoe Sekolah Menengah Jenis Kebangsaan Phor Tay S.M.K. Bukit Gambir SMK Bukit Jambul Tropicana Bay Residences is nearby some of the well-known clinics such as Klinik Mediviron, Klinik Health Plus, Poliklinik Penawar, Klinik Universiti and many more. The famous shopping mall nearby the development is Queensbay Mall which has AEON and many other famous outlets for grocery shopping. Some well-known known restaurants nearby Tropicana Bay Residences area: Pelita Samudra Pertama Uncle John Kitchen and Bar The Original Mikki Western Cuisine Ta-jai Thai Food Plus 2 Restaurant Restoran Goh Teo Kee The developer of Tropicana Bay Residences is Tropicana Ivory Sdn Bhd, a 50-50 joint effort of two international level developers - Ivory Property Group and Tropicana Corporation, formerly known as Dijaya Corporation Berhad. The two developers engaged in a lot of projects previously such as The Latitude by Ivory Property Group and The Advent by Tropicana Corporation. They are also currently engaging in many projects such as The Wave by Ivory Property as well as Tropicana Metropark by Tropicana Corporation. Tropicana Bay Residence is considered to be a huge project in Penang Word City and is expected to attract many overseas tourists, investors and those who working in foreign countries planning to come back to their homeland. This property has total six phases. The first phase is launched in 2012. The other development developed by Tropicana Corporation are Ridgefields Residence @ Tropicana Heights and Paisley at Tropicana Metropark. Besides that, the other development currently developed by Ivory Property Group are The Latitude and The Peak. The listing price for the units are ranging from RM453,900 to RM1,479,900. The maintenance fee is priced around at RM0.25 psf. You can find out more about other projects that are nearby including Fiera Vista, Orchard Ville, Tree Sparina, Putra Place Condominium, and Summerton Bayan Indah.
DeveloperTropicana Ivory Sdn. Bhd.
Explore PropertyGuru
Recent PropertyGuru search behaviour suggests the development keeps a steady visible presence locally, capturing 5.72% of searches. Drawing on 30 days of PropertyGuru search activity, the project remains one of the more visible names in recent search data.
Most-searched Units: 3-BedroomPopular preferences: Gym, Tennis Court
Pricing by Unit Types:
- Studio Units:
- Avg Asking Price: RM 415K
- Avg PSF: RM 896 psf
- Available Units: 6
- 1-Bedroom Units:
- Avg Asking Price: RM 485K
- Avg PSF: RM 917 psf
- Available Units: 2
- 2-Bedroom Units:
- Avg Asking Price: RM 535K
- Avg PSF: RM 763 psf
- Available Units: 12
- 3-Bedroom Units:
- Avg Asking Price: RM 698K
- Avg PSF: RM 630 psf
- Available Units: 40
- 4-Bedroom Units:
- Avg Asking Price: RM 1.28M
- Avg PSF: RM 660 psf
- Available Units: 3
Location & Lifestyle Highlights — Tropicana Bay Residences 479m (5-6 mins) to JETI PULAU JEREJAK — This nearby jetty provides a unique water link for residents looking to explore the coast or enjoy recreational trips across the water. Tropicana Bay Residences offers a modern coastal lifestyle within Penang World City, where residents can enjoy spectacular sea views and a stylish home designed for the younger generation. Its position right off the Penang Bridge makes it a highly visible landmark that connects you easily to the island's main expressways and industrial hubs. Nearby hotspots: Bus Stops (3 within 1 km):
- JETI PULAU JEREJAK (479m, 5-6 mins) — Convenient local transport point that connects you to the wider Bayan Lepas area.
- PUTRA PLACE (521m, 6-7 mins) — Handy bus stop for residents needing a quick commute to nearby commercial zones.
- GOLD COAST KONDOMINIUM (524m, 6-7 mins) — Additional bus route access for easy daily travel around the neighbourhood.
- O2 CLINIC SKIN SPECIALIST (761m, 9-10 mins) — Professional skincare and medical services available just a short walk or drive away.
- WONG & SIM DENTAL SURGERY (774m, 9-10 mins) — Nearby dental care facility for convenient family check-ups and oral health needs.
- VILLAGE GROCER (1642m, 19-20 mins) — Premium supermarket choice for fresh produce and high-quality grocery shopping.
- QUEENSBAY MALL (1975m, 23-24 mins) — Major retail destination offering a huge variety of fashion brands, electronics, and lifestyle stores.
- AUNTY Q KITCHEN & BAR SUMMERTON (616m, 7-8 mins) — Great local spot for a relaxed meal or evening drinks with friends.
- UNCLE TETSU CHEESEE CAKE (619m, 7-8 mins) — Famous bakery nearby for those who enjoy popular Japanese-style desserts.
- US PIZZA (645m, 7-8 mins) — Quick and easy dining option for families or young professionals looking for a casual bite.
- BREAD KING (651m, 7-8 mins) — Local bakery providing fresh bread and pastries for a convenient breakfast or snack.
- CHINA TOWN (652m, 7-8 mins) — Diverse food options available nearby for residents who enjoy a variety of local flavours.
- 7-ELEVEN (605m, 7-8 mins) — Reliable 24-hour stop for daily essentials and quick snacks at any time.
- HAPPY MART (607m, 7-8 mins) — Local convenience store perfect for picking up household items on the way home.
- FAMILYMART (685m, 8-9 mins) — Popular convenience hub offering a wide range of ready-to-eat meals and imported snacks.
Market & Sale Insights
Tropicana Bay Residences demonstrates a stable pricing environment with a focus on long-term capital preservation.
- PSF Appreciation:RM671.569 psf → RM670.872 psf over recent years (-0.1%) from 2023 - 2025
- Transactions:1 sale transactions in the last 12 months, showing limited sale activity.
- PG Pulse Insight: The project maintains a highly stable price point with a marginal PSF adjustment of -0.1%, supported by limited transaction volume in the current market cycle.
Published date: November 3, 2026









