Tropez Residences, Tropicana Danga Bay
Tropez Residences is a freehold apartment located in Tropicana Danga Bay, Danga Bay. There are 1,149 units available at this project with built-up from 463 sf to 1,184 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price of about RM860 psf, and was completed around 2014.
Tropicana Corp Bhd (fka Dijaya Corp) is a gigantic property developer listed on Bursa Malaysia, and it has developed about 56 property projects in Malaysia. Other similar projects by the same developer are Arnica, Bayu Puteri Apartment, Bora Residences, Casa Indah 1, Casa Indah 2, Casa Tropicana, Fortune Park, Paloma, Pandora and Tropicana Bay Residences.
This apartment is not very ideal for own stay or investment, as it has no amenities around.
The current market prices for Tropez Residences are from RM330,000 to RM600,000 (about RM640 psf); while the monthly rentals are from RM1,100 to RM1,800 (about RM2.03 psf). The highest median price psf ever recorded was RM950 psf in Q1 2014; while the lowest one was RM574 psf in Q2 2018.
The current rental yield of Tropez Residences is around 3.49%, compared to 4.09% a year ago in Q1 2018. The highest rental yield ever recorded was 4.53% in Q1 2017; while the lowest one was 2.71% in Q4 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Tropez Residences 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 Tropez Residences for sale listings:
|15-Mar-19||Low-Cost Flat||689 sf||RM330,000|
Latest Tropez Residences for rent listings:
|21-Mar-19||Low-Cost Flat||900 sf||RM1,400|
|21-Mar-19||Low-Cost Flat||900 sf||RM1,450|
|21-Mar-19||Low-Cost Flat||750 sf||RM1,450|