Tropicana The Residences, KLCC
Tropicana The Residences (also known as Tropicana Residences) is a freehold apartment located in KLCC, KL City Centre. There are 353 units available at this project with built-up from 710 sf to 1,560 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp), and was completed in about 2017.
Tropicana Corp Bhd (fka Dijaya Corp) is a very big-sized real estate company listed on KLSE, and it has constructed around 60 real estate projects in Malaysia. Other similar projects by the same developer are Bayberry, Bayu Puteri Apartment, Casa Indah 1, Casa Indah 2, Cyperus, Fortune Park, Paloma, Pandora, Tropez Residences and Tropicana Bay Residences.
This apartment has many amenities nearby, for example universities, metro transport stations, hospitals and schools. The following are some main universities here:
- Erican College (KLCC Campus)
- Inti International College KL
- Optopreneur College
- Premier College
- Universiti KL
- University Of Wolverhampton
- Yes International College (fka Yes Academy)
As for metro transport stations, there are LRT Dang Wangi, LRT KLCC, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Raja Chulan. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Center.
The current market prices for Tropicana The Residences are from RM1,690,000 to RM3,790,000 (about RM2,450 psf); while the monthly rentals are from RM4,500 to RM6,700 (about RM6.34 psf). The highest median price psf ever recorded was RM2,552 psf in Q1 2018; while the lowest one was RM2,333 psf in Q4 2019.
The current rental yield of Tropicana The Residences is around 3.18%. The highest rental yield ever recorded was 3.18% in Q4 2019; while the lowest one was 2.7% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Tropicana The Residences is 2-bedroom / 1,114 sf with a median price of RM2,450 psf. For price wise, the most expensive one is 2-bedroom / 1,399 sf with a median price of RM2,640 psf; while the cheapest one is 1-bedroom / 710 sf with a median price of RM2,380 psf.
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