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 61 real estate projects in Malaysia. Other similar projects by the same developer are Bayberry, Bayu Puteri Apartment, Bora Residences, Casa Indah 1, Casa Indah 2, Cyperus, Fortune Park, Paloma, 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 rental yield of Tropicana The Residences is around 2.65%, compared to 2.7% a year ago in Q1 2019. The highest rental yield ever recorded was 3.16% in Q2 2019; while the lowest one was 2.65% in Q1 2020. 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 RM2,320 psf. For price wise, the most expensive one is 2-bedroom / 1,399 sf with a median price of RM2,570 psf; while the cheapest one is 1-bedroom / 710 sf with a median price of RM2,270 psf.
Latest Tropicana The Residences for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 25-Mar-20 | Condominium | 710 sf | RM1,590,000 |
| 26-Feb-20 | Condominium | 1,114 sf | RM2,450,000 |
| 26-Feb-20 | Condominium | 720 sf | RM1,550,000 |
| 25-Feb-20 | Condominium | 710 sf | RM1,500,000 |
| 29-Jan-20 | Condominium | 710 sf | RM1,500,000 |
| 10-Dec-19 | Condominium | 728 sf | RM1,600,000 |
| 05-Nov-19 | Condominium | 1,114 sf | RM2,580,000 |
| 05-Nov-19 | Condominium | 1,560 sf | RM3,600,000 |
| 04-Oct-19 | Condominium | 720 sf | RM1,600,000 |
| 04-Oct-19 | Condominium | 1,200 sf | RM2,600,000 |
Latest Tropicana The Residences for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 22-Mar-20 | Condominium | 710 sf | RM5,500 |
| 14-Mar-20 | Condominium | 1,114 sf | RM5,000 |
| 08-Mar-20 | Condominium | 1,114 sf | RM5,500 |
| 08-Mar-20 | Condominium | 710 sf | RM3,500 |
| 08-Mar-20 | Condominium | 728 sf | RM3,300 |
| 08-Mar-20 | Condominium | 1,114 sf | RM5,000 |
| 08-Mar-20 | Condominium | 710 sf | RM4,000 |
| 08-Mar-20 | Condominium | 710 sf | RM3,500 |
| 08-Mar-20 | Condominium | 720 sf | RM3,500 |
| 19-Feb-20 | Condominium | 710 sf | RM4,000 |
This is the worse quality for a high end residence i have had. Totally regreted buying with this group