Tropicana Bay Residences @ Penang World City

February 5th, 2013 Leave a comment

Bay Residences, the phase 1A of Penang WorldCity development by Tropicana Ivory Sdn. Bhd. Strategically located within Bayan Mutiara, a new development hub located in the eastern part of the Tun Dr Lim Chong Eu Expressway and in the vicinity of Sungai Nibong. Comprises four 22-storey residential tower, with condominium unit size ranging from 455 sq.ft onwards.

Property Project : Tropicana Bay Residences @ Penang World City
Location : Bayan Mutiara, Penang
Property Type : Residential
Land Tenure : Freehold
No. of Blocks : 4 blocks of condominium
No. of Storey : 22
Built-up Area : 455 sq.ft. – 1,945 sq.ft.
Indicative Price: RM359,900 onwards
Developer : Tropicana Ivory Sdn. Bhd.
Contact No: +604-659 6888


Contributed by reader (Update – 02 Oct 2013)


Categories: Bayan Mutiara Tags:
  1. tomyam
    March 3rd, 2014 at 07:43 | #1


    Nope. Not yet.
    You already get yours?

  2. islander_ori
    March 3rd, 2014 at 09:44 | #2

    not yet.
    But there is not much activity on the construction site.

  3. Bryant
    March 4th, 2014 at 10:26 | #3

    Once foundation is completed then we should be able to get the stamped loan document…

  4. tomyam
    March 11th, 2014 at 07:27 | #4

    wow, there is a buyer get buyer promotion there. anyone in penang plans to get a unit before 21 march can contact me.
    for block A to block E.

    we can work out a plan to share the introducing fee. It is not much but just treat it as a little bonus.

    can sms me 0164596227 if you really decide to buy it in these few days..

  5. islander_ori
    March 11th, 2014 at 09:44 | #5

    Is this promotion from developer?
    How is the selling price now? increase?

  6. ctt
    March 11th, 2014 at 10:01 | #6

    RM2000 for each successful transaction through introduction. Nothing lah, easily factor into the selling price already.

  7. pwc
    March 11th, 2014 at 10:13 | #7

    So, what is the pricing and rebate now compared to CNY period?
    Has the affordable blk F issue affected the sales?

  8. tomyam
    March 11th, 2014 at 10:36 | #8


    yes..i receive Ivory letter you should also receive this letter if you bought one
    the promo time kinda short. effective 1 March till 21 March.
    But i dun mind have extra pocket money if someone wanna buy it. better than nothing. :p

  9. kabutol
    March 11th, 2014 at 11:59 | #9

    now what price now?what block still available?

  10. tomyam
    March 12th, 2014 at 11:15 | #10


    no idea. did not go to the sales galary after get my snp. but i dun think they raise any if block E not sold out.

  11. islander_ori
    March 12th, 2014 at 11:34 | #11

    received the promotion letter yesterday.

  12. Jj
    March 23rd, 2014 at 20:35 | #12

    no updates? so quiet recently

  13. pwc
    March 23rd, 2014 at 21:28 | #13

    With the block F affordable units issue, all no interest already. Developer should come out with a clear statement or else their block E also stuck

  14. Hate Ivory
    March 24th, 2014 at 00:11 | #14

    If their 615 sf unit price higher than their 800 sf affordable unit, i cannot imaging how dissappointed their existing buyer. Ivory integrity and trust will down to ZERO.

  15. ben
    March 31st, 2014 at 16:10 | #15

    all the units are fully sold? wats the price per sqft?

  16. Jj
    April 1st, 2014 at 11:18 | #16


    Why dont you go to the sales gallery and see for yourself

  17. best
    April 7th, 2014 at 09:45 | #17


    Anyone knows how to apply for affordable housing? What is the criteria? Anywhere I can ask regarding this?

  18. tll
    April 7th, 2014 at 09:58 | #18

    Saw Ivory applied separately for the LMC project, means the existing block F in bays residence should not be gazetted as LMC in this case.

  19. tll
    April 7th, 2014 at 10:00 | #19

    However it is un-clear where the exact location of the LMC, it only mentioned “government land”. It appears to me any other plot of land within the PWC development will be comparable or better than the existing Bays residence.

  20. sheana
    April 8th, 2014 at 11:37 | #20

    hi after seeing here thr ……conversation going on like anything???
    any one could advice me – 455sqft – i bought ard 428…… is worth???

    or not worth///////worried

    thx alot

  21. tomyam
    April 8th, 2014 at 13:32 | #21


    probably you should share the reason you buy the unit?
    if for own stay n still single or couple only, i think it is ok as it is own preference. u can make your unit very nice with all equip plus enjoy others facility and its location very convinient. good for those work in FTZ area as you can reach your home sweet home very fast n shopping in QB.

    if for rental purpose, i think really not so worth as it only 1 room, let say your monthly installment is like 1.8k – 2k. plus monthly mantenance Rm115 make it all 2k each month. How much you able to rent out?

    if to sell if off after oc obtain, hmmm.. i really think is not so positive to get someone pay 500k in 4 years later to get a 1 unit room.

  22. islander_ori
    April 8th, 2014 at 20:54 | #22

    In your opinion, what can we buy with 500k after 4 years later?

  23. penanglang
    April 8th, 2014 at 21:04 | #23


    We can buy property in UK for this price ? :)

  24. tomyam
    April 9th, 2014 at 10:48 | #24


    Depends on economy situation. May be inflation etc all will come. But use 4xxk to get just a 1 room unit might be too risky for certain people. If this is the only thing they can affort, and future they plan to have family might not able to fit. Rent out then cannot cover their installment.
    450k might not able to buy many thing, but placing a loan/debt of 450k is recommend to think twice.Erm.. if this extra pocket money.. then nothing concern lor..

    Always need to know the buying intention.
    If I am single and plan to have a high quality life , then it might be a good choice.

  25. sheana
    April 9th, 2014 at 11:32 | #25

    tq for ur advice

  26. Bryant
    April 9th, 2014 at 12:39 | #26

    So sheana, why did you booked it in the first place?

  27. sheana
    April 11th, 2014 at 09:45 | #27

    @Bryant for investment purpose …. make money : )

  28. Bryant
    April 11th, 2014 at 10:24 | #28

    So you going to let go? Or hold on to it?

  29. CC
    April 12th, 2014 at 21:58 | #29

    Still selling like ht cakes or has slow down??
    Buyer get buyer surface look like has slow down..

  30. yahoo
    April 12th, 2014 at 22:08 | #30

    ofcourse there is a slow. i dun think is just this project but overall property market as well.
    for tbr, is one of the projects where we have those 1 bedroom suite type condo which is below 650sqft. not sure will there will be popular in penang? i think ppl prefer at least 900sft above even for a small or single occupant.

  31. ==
    April 12th, 2014 at 23:08 | #31

    any affordable unit? 350k?

  32. sheana
    April 15th, 2014 at 10:14 | #32

    whr g rnew projects for that price in penang…if got everyone wll grabe like anything

  33. sheana
    April 15th, 2014 at 10:16 | #33

    hold till can make money…..

  34. TropicanaJuice
    April 15th, 2014 at 10:48 | #34


    Thanks sheana! We need people like you to make money. While you hold the shitty stuff to keep the price up, we cash in on hot stuff. god bless you!

  35. Aries
    April 15th, 2014 at 22:56 | #35

    R they launching new phase soon?

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