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.

Marketing Agent
  • 016-474 0008 (Alex)
  • 016-440 5426 (Jane Khor)
  • 012-410 5400 (Rick Goh)
  • 012-427 8545 (June Goh)

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Contributed by reader (Update – 02 Oct 2013)

 

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  1. Zho
    August 11th, 2015 at 10:37 | #1

    Thank you very much, Picnic.

  2. islander_ori
    August 11th, 2015 at 22:08 | #2

    Current progress posted on 02-Aug.
    https://flic.kr/p/wNFnRJ

  3. tomyam
    August 12th, 2015 at 08:02 | #3

    @islander_ori

    Nice sharing. Is the photo taken by you? it looks so special and I have the thought whether this is real or is those mini model in those property fair.

  4. islander_ori
    August 12th, 2015 at 17:28 | #4

    @tomyam
    from http://www.skyscrapercity.com/showthread.php?t=336214&page=290

  5. Tan
    August 25th, 2015 at 12:15 | #5

    Can i know how is the prices now? how much per sqft ?

  6. tomyam
    September 7th, 2015 at 09:57 | #6

    I think better get latest info from sales gallery as their packages change from time to time.
    sometimes is unfair to just ask price per sf as “packages” different already

  7. su
    September 9th, 2015 at 16:55 | #7

    any update/picture on the construction or sea reclamation?

  8. Ms lim
    September 17th, 2015 at 11:49 | #8

    Kindly send me more info

  9. Wilson
    September 17th, 2015 at 14:27 | #9

    Anyone who has the current progress update picture?
    Appreciate if you could share!! Thank you.

  10. wahwah
    September 22nd, 2015 at 14:39 | #10

    Anyone is buying the garden unit?

  11. yaya
    September 23rd, 2015 at 11:32 | #11

    wahwah

    wahwah :
    Anyone is buying the garden unit?

    you buying the garden unit? is the garden in your SPA as accessory parcel?

  12. yaya
    September 23rd, 2015 at 11:34 | #12

    wahwah :
    Anyone is buying the garden unit?

    you buying garden unit? is the garden mentioned in the SPA as accessory parcel?

  13. Lim
    September 25th, 2015 at 19:39 | #13

    Residential or commercial title?

  14. decco866
    decco866
    September 30th, 2015 at 23:43 | #14

    @wahwah
    im buying garden unit too

  15. Wilson
    October 7th, 2015 at 11:32 | #15

    Anybody can pls share a link of the recent site progress? Staying in KL, can’t go back and see regularly. Thx

  16. tomyam
    October 7th, 2015 at 14:13 | #16

    @Wilson

    http://cforum1.cari.com.my/forum.php?mod=viewthread&tid=3011688&extra=page%3D4&page=9

    You can refer to post 208#. Someone has post the recent progress picture.

  17. JL
    October 8th, 2015 at 19:34 | #17

    I just booked an unit and realized that there is a Tenaga substation (PMU). Anyone can share your opinion on this? I’m thinking to cancel actually. Thanks.

  18. tomyam
    October 9th, 2015 at 11:31 | #18

    @JL

    I think this topic has been bring up many times since the project is launch and previously have people comment it is namely GIS. — seems is not something like PMU, but you can confirm with the sales gallery if you have concern.

    If google GIS, this is also apply is many place and so far no harm. It is seal nicely and is to stability the power supply of the building.
    You can perform your study from there.

    My own feeling is , as long as my unit is not direct face to that building, I am ok.

  19. JL
    October 15th, 2015 at 00:02 | #19

    @tomyam
    Thanks. Do you know how many acres is the land for the TNB?

  20. Wilson
    October 21st, 2015 at 14:01 | #20

    @tomyam…thanks for sharing the link for the site progress.

  21. tomyam
    October 25th, 2015 at 13:20 | #21

    @Wilson

    You are welcome

  22. islander_ori
    November 2nd, 2015 at 21:56 | #22

    Block D construction stops after car park level while other blocks are progressing well.
    Anyone know what is going on?

  23. picnic
    November 9th, 2015 at 13:39 | #23

    http://www.penangpropertytalk.com/2015/11/ivorys-worldcity-reclamation-works-may-begin-in-2q16/

  24. Tom
    November 12th, 2015 at 18:03 | #24

    @islander_ori
    Does not matter. If they deliver late, they compensate. Simple as that.

  25. islander_ori
    November 16th, 2015 at 15:00 | #25

    @Tom
    Only worry for the finishing quality if rushing for completion.

  26. JANE KHOR
    November 16th, 2015 at 15:21 | #26

    Interested pls do not hesitate to contact Jane@016-4405426 or email to janekhor94@gmail.com for more details .

  27. Roger
    November 20th, 2015 at 18:17 | #27

    Wonder anyone here agrees that for 550sf type where they put the compressor, should be made into a balcony better? Since it is big enough to make into balcony and just put the compressor at the side instead of let it use all the space there

  28. Amy
    November 30th, 2015 at 18:36 | #28

    I had recently bought 1 unit in block F only to realise it will be block by Quay West Tower A, anyone has any info about this?

  29. Sterling
    December 2nd, 2015 at 13:17 | #29

    Penang LRT construction work to commence in 2018. (Reported by The Edge Daily on 2/12/15)

  30. tomyam
    December 3rd, 2015 at 11:41 | #30

    @Amy

    TBR never promise have seaview

  31. interested
    December 10th, 2015 at 18:32 | #31

    if you are interested kindly email me ooichihhua@hotmail.com for more details and packages

  32. islander_ori
    December 10th, 2015 at 23:09 | #32

    @Sterling
    LRT will not pass bayan indah or queensbay.

  33. JaneKhor91
    December 11th, 2015 at 12:18 | #33

    Interested pls do not hesitate to contact jane@016-4405426 or email to janekhor94@gmail.com for more details

  34. Sterling
    December 16th, 2015 at 16:59 | #34

    @islander_ori
    I don’t think so. If there is LRT, it will most probably cross The Light and Penang Worldcity area before it reaches Bayan Lepas Industrial Area and may be Airport.

    Anyway, I read from newspaper, Ivory Chairman/CEO said LRT will come to Penang WorldCity.

    But I don’t have high hope.

  35. islander_ori
    December 17th, 2015 at 23:25 | #35

    @Sterling

    Looking at the proposed LRT route, it starts from Komtar, passing Tun Dr Lim Chong Eu expressway, turns into Gelugor and continue along Jalan Sultan Azlan Shah towards industrial area & airport.

    http://www.penangpropertytalk.com/2015/12/lrt-and-highway-lines-for-transport-master-plan-approved/

  36. cc
    January 17th, 2016 at 14:46 | #36

    Hi, Think to buy studio at block F 400 sqft for future investment. Anybody know about the rental range for this studio type at penang island currently? Worth to buy?

  37. Bna
    January 20th, 2016 at 12:39 | #37

    @cc
    Not sure

  38. jeremy
    January 25th, 2016 at 16:31 | #38

    @cc
    I heard from the sales personnel that it would be 1.8k range. Best to confirm with them and search around asking agent.

  39. joe
    January 25th, 2016 at 17:55 | #39

    jeremy :
    @cc
    I heard from the sales personnel that it would be 1.8k range. Best to confirm with them and search around asking agent.

    400sft for rm1.8k ? obviously the agent is treating you like donkey.

    even the 3-bedrooms condo in putra place & villa emas cannot command 1.8k today.
    the 400sft in future? My best guess is it will not > 1k rental per month.

  40. Janet
    January 26th, 2016 at 12:58 | #40

    My friend who bought the 455sq ft at Block A is basically paying at least RM100K cheaper compared to the Block F studio selling price, Not to mention the studio at Block F is only 400sq ft. Smaller yet more expensive. I tell you. Penang Island is becoming more expensive each day

  41. Riang
    January 26th, 2016 at 13:56 | #41

    Janet :
    My friend who bought the 455sq ft at Block A is basically paying at least RM100K cheaper compared to the Block F studio selling price, Not to mention the studio at Block F is only 400sq ft. Smaller yet more expensive. I tell you. Penang Island is becoming more expensive each day

    “At LEAST 100k cheaper” 455sqft blk a vs 400 sqft blk f, please lah…. this is a mislead msg to all the readers! tell us the true figure if you know exact don simply exaggerate fact. Don forget that 400 sqft comes with kitchen utilities equipped.

  42. Janet
    January 26th, 2016 at 14:00 | #42

    Misleading message?, bet for you to donate RM100K to Chinese school if I can show you the S&P? Many People including you do not even has a chance to see the 455sq ft studio during launching on the 1st day let alone knows the selling price……….all sold , please check the historical comments of this forum first how market-like it is during initial launching of Block A,B,C, D. LOL

  43. Leong
    January 26th, 2016 at 14:24 | #43

    @Janet

    List price might be close to 100k difference, but Tower F gives much higher discount and comes with built-in cabinet and appliances. Nett price almost the same.

  44. hdst
    January 26th, 2016 at 14:27 | #44

    Units at block F come with a fittings and reno package, therefore the price is higher.

    Putra place’s rental is between RM1500 to RM1800 in average, depends on the condition. It may not necessary be exaggerated for a studio at PWC to be rented out at RM1800 upon completion, in view of the better facilities and interior.

  45. Janet
    January 26th, 2016 at 14:58 | #45

    Is it? I just called my friend, that silly lady laughed & encouraged you guys to buy Block F Studio so that she can easily sell off after OC with small profits. LOL
    And, she also said there were discounts & rebates too at her time of buying, which means the price difference is actually even wider than I expected….hahaha LOL

  46. Riang
    January 26th, 2016 at 15:57 | #46

    Janet :
    Is it? I just called my friend, that silly lady laughed & encouraged you guys to buy Block F Studio so that she can easily sell off after OC with small profits. LOL
    And, she also said there were discounts & rebates too at her time of buying, which means the price difference is actually even wider than I expected….hahaha LOL

    You are comparing the discounted price of 455sqft with the original list price of 400sqt of course close or may be even more than Rm100k difference lah. Please compare apple to apple, discounted price to discounted price, and deduct the amount of built-in cabinet and kitchen appliances for 400sqft and see what’s the difference.

  47. Riang
    January 26th, 2016 at 16:15 | #47

    400sqft net price (with kitchen appliance…1 aircon…etc) below RM400k, if it is >Rm100k difference, then 455 sqft unit must be very much less than RM300k. I strongly doubt that, if yes, i congrat him/her. Let’s talk with right figure but not simply assume.

  48. Jean
    January 26th, 2016 at 20:25 | #48

    @Janet

    As long as your friend happy… no problem at all.. lol

  49. Pwc
    January 26th, 2016 at 20:36 | #49

    455sf blk A during prelaunch net about 330k low floor. Insider maybe more rebate..and 400sf blk F prelaunch net about 390k low floor. The kitchen cabinet and some appliances maybe worth 10-15k. But remember now no more dibs..

  50. Flow
    January 29th, 2016 at 14:19 | #50

    What you bought is history. COngrats to those who bought earlier.

  51. cm
    cm
    January 31st, 2016 at 04:23 | #51

    Please don’t fight at here …hi hi hi

    On 2103 (April)
    Blok A Level 17 (455ft2) – RM399,990
    Discount – 3%+5%
    =RM368,508 (About RM810/ft2)

    Now,
    Blok F (400ft2) – RM390K (Which floor don’t know)
    Discount – (Don’t know the latest) long time didn’t go to the show room
    Last time know is about 5%
    = RM370,500 (About RM926/ft2) with kitchen appliance…1 air-con…etc
    Take out RM15k – 20k for the F.OC item
    About RM888/ft2

    Different about 10%

    This project already sold more than 2 year ….
    The price different is sure …. more than 10% is normal…

    why not you compare five year ago … that time more cheaper … RM350-RM500 / ft2 only
    at the Bayan Lepas area …
    why don’t buy at that time …
    CAUSE the timing bye bye already …

    So, for those who bought earlier also have their own RISK.
    Like
    If now the price is go down ….
    People will say they buy too early …STUPIC
    But,
    Now the price is more higher that 2013 selling price..
    People say again, don’t buy …Price will come down soon …
    Buy now.. also STUPIC

    So, WHEN you can buy ?

    For me,

    If you like the environment, the location and you are ready to Hold it more than 5 year / Stay in …. JUST buy it …

    各花入各眼 ..

    This just my 2 cent …

  52. suiwah
    February 1st, 2016 at 11:00 | #52

    Block F , 17th floor, 400sq ft- listing price is more than RM500K.
    No matter how many airconds, rebates, dryers, washing machines they give…. Janet’s friend unit
    is cheaper at least RM100K !

    CM, what you see/ buy is normal people’s price.
    Staff/insiders who grab the limited 455sqft at much cheaper price

  53. suiwah
    February 1st, 2016 at 11:06 | #53

    No need to argue. It is a fact. Block F buyer is paying RM100K more with 55sqft less compared to the block
    A limited edition 455sq ft for similar level/floor. Actually, only selected few can buy these 455sq ft. Not fair to compare also. The 1st 20 person who lined up also saw these unit sold

  54. PGKia
    February 2nd, 2016 at 16:22 | #54

    Block C level 10, 605 sf selling how much? Anymore know can share here?

  55. ANDY
    February 2nd, 2016 at 17:48 | #55

    BLK C IS ALL SOLD OUT

  56. PGKia
    February 3rd, 2016 at 09:48 | #56

    @Andy Do you know the estimate price / sf for BLK C during that time?

  57. Sky
    February 3rd, 2016 at 10:04 | #57

    suiwah :
    No need to argue. It is a fact. Block F buyer is paying RM100K more with 55sqft less compared to the block
    A limited edition 455sq ft for similar level/floor. Actually, only selected few can buy these 455sq ft. Not fair to compare also. The 1st 20 person who lined up also saw these unit sold

    The question now is whether they can find subsale buyer who are willing to pay them 100k more.

  58. Uknow
    February 3rd, 2016 at 10:11 | #58

    Who is going to pay for a pigeon hole even for 350k at cost price ?

  59. ANDY
    February 4th, 2016 at 10:48 | #59

    @PGKia

    PGKIA the prices i don’t know , PGKIA u last time buy BLK C 615S.F HOW MUCH?

  60. Block D unit buyer
    February 4th, 2016 at 12:23 | #60

    I am one of the buyer from Block D . recently I noticed there is one red bricks building coming up beside the blocks . Anyone know what is that building ?

  61. Why
    February 4th, 2016 at 13:21 | #61

    Why buy a pigeon hole with 370k for 455sq.ft ?

  62. PGKia
    February 4th, 2016 at 13:43 | #62

    ANDY :@PGKia
    PGKIA the prices i don’t know , PGKIA u last time buy BLK C 615S.F HOW MUCH?

    600K after discounted price.. I suspect i kena tipu by developer.. :0(

  63. Truth
    February 4th, 2016 at 14:44 | #63

    Developer is making big money by selling >RM800/sqft at this area with such density. Might be the highest among all condos nearby……….

  64. Flow
    February 4th, 2016 at 18:25 | #64

    Prosper with tropicana. Refer a friend, buyer-get-buyer, 1.5% rewards.

    Who’s keen, let me know.

  65. david
    February 4th, 2016 at 22:02 | #65

    London bridge is falling down..falling down….Ops, penang bridge is falling down, falling down

  66. ANDY
    February 5th, 2016 at 15:10 | #66

    @PGKia

    BLK C 615S.F 600K IS OK LAH,NOW BLK F 550S.F ALSO 600K++..
    BUT U LAST TIME BUY HAVE DIBS??

  67. PGKia
    February 5th, 2016 at 16:55 | #67

    ANDY :@PGKia
    BLK C 615S.F 600K IS OK LAH,NOW BLK F 550S.F ALSO 600K++..BUT U LAST TIME BUY HAVE DIBS??

    No DIBS.. :-(

  68. tomyam
    February 9th, 2016 at 09:20 | #68

    recently another ivory project near island plaza, they launch their studio unit,
    490 sf > 700k
    610sf >900k.
    (about 10th floor)…

    too geng… in this market situation.

  69. Ranee
    February 9th, 2016 at 11:52 | #69

    With 600k+ better buy The Triuni Sanctuary, Batu Uban, from 689k, 2 car parks came with 1130sf surrounded by landed terrace and bungalows. Afterall TBR also no sea view, and the two projects about facing each other with high way in between.

  70. Flow
    February 10th, 2016 at 13:20 | #70

    @PGKia
    DIBS also accounts very little lah. I don’t know what’s the fuss about DIBS all about. I used read it is about 5% of purchase price, but I received the actual bill for other project, it is so little. Forget about it lah.

    This project is about its potential, if they execute it well, then return and liviability will be excellent. If not, we all drown together.

Tropicana Bay Residences @ Penang World City
Marketing Agent 016-474 0008 (Alex)
016-440 5426 (Jane Khor)
012-410 5400 (Rick Goh)
012-427 8545 (June Goh)
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