Arnica, Tropicana Gardens
Arnica is a leasehold apartment located in Tropicana Gardens, Kota Damansara.The built-up available at this project is 604 sf to 1,573 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price at about RM780 psf, and was completed in around 2016.
Tropicana Corp Bhd (fka Dijaya Corp) is a very big-scale property developer listed on Bursa Malaysia, and it has built about 60 property projects in Malaysia. Other similar projects by the same developer are Bayberry, Bayu Puteri Apartment, Bora Residences, Casa Indah 1, Casa Indah 2, Fortune Park, Paloma, Pandora, Tropez Residences and Tropicana Bay Residences.
This apartment has some amenities nearby, e.g. metro transport stations and universities.
The current market prices for Arnica are from RM640,000 to RM1,700,000 (about RM1,080 psf); while the monthly rentals are from RM2,300 to RM5,500 (about RM3.56 psf). The highest median price psf ever recorded was RM1,052 psf in Q3 2019; while the lowest one was RM780 psf in Q1 2014.
The current rental yield of Arnica is around 4.27%, compared to 3.91% a year ago in Q3 2018. The highest rental yield ever recorded was 4.56% in Q1 2019; while the lowest one was 3.91% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Arnica is 3-bedroom / 1,573 sf with a median price of RM1,080 psf. For price wise, the most expensive one is 3-bedroom / 1,573 sf with a median price of RM1,080 psf; while the cheapest one is 2-bedroom / 983 sf with a median price of RM1,000 psf.
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