Tropicana Heights, Kajang 2
Tropicana Heights is a freehold landed housing estate located in Kajang 2, Kajang. It consists of Fairfield Residences, Parkfield Residences and Ridgefield Residences. The built-up available at this project is 2,135 sf to 3,105 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price at around RM340 psf, and was completed in about 2016.
Tropicana Corp Bhd (fka Dijaya Corp) is a very big-sized real estate company listed on KLSE, and it has constructed around 59 real estate projects in Malaysia. Other similar projects by the same developer are Arahsia Residences, Bayan Residences, Cheria Residences, Fairfield Residences, Golf Villas, Grand Villas, Green Acres, Parkfield Residences, Pool Villas and Villa Green.
This landed housing estate is not very ideal for own stay or investment, because it has no amenities nearby.
The current market prices for Tropicana Heights are from RM790,000 to RM1,270,000 (about RM370 psf); while the monthly rentals are from RM1,700 to RM1,800 (about RM0.81 psf). The highest median price psf ever recorded was RM819 psf in Q2 2015; while the lowest one was RM373 psf in Q3 2017.
The current rental yield of Tropicana Heights is around 2.6%, compared to 2.67% a year ago in Q2 2018. The highest rental yield ever recorded was 2.67% in Q2 2018; while the lowest one was 2.02% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Tropicana Heights is 4-bedroom / 2,170 sf with a median price of RM370 psf. For price wise, the most expensive one is 6-bedroom / 3,105 sf with a median price of RM410 psf; while the cheapest one is 4-bedroom / 2,135 sf with a median price of RM370 psf.
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