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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.

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Contributed by reader (Update – 02 Oct 2013)

 

Categories: Bayan Mutiara Tags:
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  1. Steven
    January 2nd, 2021 at 08:52 | #1

    @Sarah
    May i know if most of TBR owners majority are investor or 1st home buyers? If investor then potentially many units may rent out & limited carpark another problem. If 1st home buyers then is fine majority buy for own stay.

  2. Orange
    January 2nd, 2021 at 11:46 | #2

    Wow… factory worker enjoying top class facilities…. good luck to TBR investors….

  3. Steven
    January 2nd, 2021 at 15:44 | #3

    @Orange
    This may not impact on investor as long as somebody going to rent. But it’s huge impact to those who bought for own stay. If majority of buyers are investor then should expect this situation happening. And now situation, some owner desperate to get unit to rent out

  4. goomalan
    January 3rd, 2021 at 08:52 | #4

    @Steven
    Many people only have short term views about their properties, thinking that if they can rent out fast, no matter who the renters are, it is ok. But that’s not the case. If units are rented out to factory workers, surely it will have negative long term impact. No wealthy people would want to stay in a neighbourhood full of factory workers, so they won’t buy for own stay. And the rental rates will be stuck at “factory worker” level. In other words, the value of this place will gradually become “paya terubong flat” value.

  5. Steven
    January 3rd, 2021 at 16:13 | #5

    @goomalan
    I agree with you. It’s uncomfortable this situation in long term.
    As you can know The zen will add more sore this area. More affordable & zen6 unit to be rent out in near future. Unit supply in major will be alot & further lower down rental rate in this area.
    Those Zen6 buyer for sure been blood sucker by developer. Selling a high price with similar interior layout with affordable house with just extend some yard & add on balcony. TBR unit is nice but unfortunately many with 1 carpark & small size unit turned in messy. Poor management as well.

  6. TheLotus
    January 4th, 2021 at 09:00 | #6

    What is the matter? A sudden surge of activities by Steven and the Goon. :)

    Every legitimate owner/tenant gets to enjoy the facilities. You are most welcomed to use the tennis court if you become the owner too. Wealthy people would not have such crooked mindset/mentality.

    Nearby, projects like the QuayWest Residences (Freehold/Commercial Title), The Queens Residences (Freehold), Triuni Residences (Freehold), and The Zen 6 (Freehold) are scheduled for completion this year. It is good to have healthy development around this neighborhood.

    Earlier/older projects around consists of high-rise leasehold, like the PutraPlace Condo (Leasehold), the Gold Coast Resort Condo (Leasehold), Summerton (Leasehold), and Baystar (Freehold).

    If you are interested in landed properties nearby, there are the D’Residence and the Sanctuary.

  7. DLotus
    January 4th, 2021 at 09:13 | #7

    Every legitimate owner/tenant gets to enjoy the facilities. You are most welcomed to use the tennis court and others if you become the owner too. Wealthy people would not have such distorted mindset/mentality.

    Nearby, projects like the QuayWest Residences (Freehold/Commercial Title), The Queens Residences (Freehold), Triuni Residences (Freehold), and The Zen 6 (Freehold) are scheduled for completion this year. It is good to have healthy development around this neighborhood.

    Earlier/older projects around consists of high-rise leasehold, like the PutraPlace Condo (Leasehold), the Gold Coast Resort Condo (Leasehold), Summerton (Leasehold), and Baystar (Freehold).

    If you are interested in landed properties nearby, there are the D’Residence and the Sanctuary.

  8. Tan
    January 4th, 2021 at 11:31 | #8

    @DLotus
    Queens phase 1 this year. (Residential)
    Queens phase 2 estimated 2022 Q4 (Residential)
    Quaywest this year. (Commercial title)
    Triuni new phase 2022 (Residential)
    Zen6 & Zen affordable 2023 Q4 (Residential)

  9. goomalan
    January 4th, 2021 at 11:57 | #9

    @DLotus
    “Every legitimate owner/tenant gets to enjoy the facilities”….thats true, thats why you will start to see banglas swimming in the pool soon, as they “check out” the other ladies in the pool.

    “Wealthy people would not have such distorted mindset/mentality”….thats NOT TRUE. Judging by the emphasis placed on car ownership in our society, snobbishness and elitism are still very much alive in our society today, and for many many generations to come.

  10. DLotus
    January 4th, 2021 at 13:36 | #10

    If that is true, why don’t you snap a pic and share it with us? 😉

    Car ownership is so prevalent nowadays, a necessity rather than a luxury, which also contributes to traffic congestions in major cities of Malaysia.

  11. JelutongBoy
    January 4th, 2021 at 22:46 | #11

    Straits Garden Condominium @ Jelutong
    One room studio selling @ RM970 psf negotiable!

  12. Newbie
    January 4th, 2021 at 23:34 | #12

    New here and I’m looking for property around this area for own stay.. (From Butterworth)
    One thing I find it rare about TBR is the wide campus area, compared to new developkent nearby..
    I feel.. Triuni cramp sikit with 3 towers on that piece of land..
    Any other new development around with spacious outdoor space?..

  13. Can
    January 5th, 2021 at 12:11 | #13

    @Newbie
    TBR is good in facilities & amenities. However, majority units came with 1cp only. Unless you take 2cp unit. Triuni build in material good quality. Hopefully that’s better control in TBR homestay & foreign workers..

  14. Newbie
    January 5th, 2021 at 12:48 | #14

    @Can
    Carpark is not an isu now, only one 7-seater family car.. Can get 2 CP also..
    Homestay should not allow with residential title.. Enforcement for this is need..
    There are foreigners in lots of condos/service apartments, especially KL city center..
    I heard 中东人 very rough in handling the house. Some high end condos in KL also have lots of Chinese national.. not an issue to the residences if they live peacefully..
    Btw are you an owner that actually encounter some foreigners? Should make them few welcome..
    Looks like there is no new development with spacious outdoor at the moment..

  15. Jeremy
    January 5th, 2021 at 13:01 | #15

    Any TBR owner willing to let go 1xxx sqft unit?

    Strictly not facing west, not facing TNB, not facing Quaywest.

    Preferable first bridge view/sea view or Georgetown view. High floor.

    Willing to pay higher price for these units.

    Email : jeremy.raven76@gmail.com

  16. Can
    January 5th, 2021 at 13:41 | #16

    @Newbie
    Yes. Agree on that. But in Penang condo usually people prefer to have 2 carpark. For myself, this is holiday house then should be no problem with 1 carpark. In Queensbay area, i don’t think you will get a residential project with huge spacious outdoor already. Penang world city majority all are commercial title after.

  17. curiousbuyer
    January 13th, 2021 at 15:44 | #17

    Anyone knows what happened to the swimming pool at Block F? It looks like a giant slab of concrete with no purpose at all.

  18. TbrNoobies
    January 14th, 2021 at 16:41 | #18

    I thought that slab was for a Helicopter Landing as mentioned before by the JMB/Management?

  19. curiousbuyer
    January 14th, 2021 at 19:31 | #19

    TbrNoobies :
    I thought that slab was for a Helicopter Landing as mentioned before by the JMB/Management?

    I hope you’re joking. Nope, it does not look like a helipad. There is no access to the top of the slab, it barricaded. Not sure why it’s not used as a public open space.

  20. jack
    January 14th, 2021 at 23:22 | #20

    Helicopter landing? Wow surely bring high value to the property as helicopter landing is mostly for VIPs.

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