Tropicana Danga Bay, Danga Bay
Tropicana Danga Bay is an integrated office, residential & retail hub located in Danga Bay, Johor Bahru. It comprises Bora Residences and Tropez Residences. The built-up available at this project is 463 sf to 1,163 sf for apartment units. It was developed by Tropicana Corp Bhd (fka Dijaya Corp).
Tropicana Corp Bhd (fka Dijaya Corp) is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 56 property projects in Malaysia. Other similar projects by the same developer are Tropicana City, Tropicana Gardens and Tropicana Metropark.
This integrated office, residential & retail hub is not very ideal for own stay or investment, as it has no amenities around.
The current market prices for Tropicana Danga Bay are from RM330,000 to RM590,000 (about RM640 psf) for apartment units; while the monthly rentals are from RM1,100 to RM1,800 (about RM2.09 psf) for apartment units. The highest median price psf ever recorded was RM950 psf in Q1 2014 (Apartment); while the lowest one was RM574 psf in Q1 2019 (Apartment).
The current rental yield of Tropicana Danga Bay is 3.71% for apartment units. The highest rental yield ever recorded was 4.53% in Q1 2017 (Apartment); while the lowest one was 2.71% in Q4 2016 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Tropicana Danga Bay for apartment units is 1-bedroom / 689 sf with a median price of RM640 psf. For price wise, the most expensive one is Studio / 463 sf with a median price of RM710 psf; while the cheapest one is 2-bedroom / 1,163 sf with a median price of RM510 psf.
Latest Tropicana Danga Bay for sale listings:
Latest Tropicana Danga Bay for rent listings: