Cyperus, Tropicana Gardens
Cyperus is a leasehold apartment located in Tropicana Gardens, Kota Damansara. There are 406 units available at this project with built-up from 600 sf to 1,398 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price of about RM1,100 psf, and was completed around 2018.
Tropicana Corp Bhd (fka Dijaya Corp) is a gigantic property developer listed on Bursa Malaysia, and it has developed 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, i.e. metro transport stations and universities.
The current market prices for Cyperus are from RM680,000 to RM1,580,000 (about RM1,220 psf); while the monthly rentals are from RM2,500 to RM5,000 (about RM4.16 psf). The highest median price psf ever recorded was RM1,200 psf in Q1 2019; while the lowest one was RM1,100 psf in Q1 2016.
The current rental yield of Cyperus is around 4.36%. The highest rental yield ever recorded was 4.36% in Q3 2019; while the lowest one was 4.17% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Cyperus is 2-bedroom / 981 sf with a median price of RM1,220 psf. For price wise, the most expensive one is 2-bedroom / 988 sf with a median price of RM1,220 psf; while the cheapest one is 1-bedroom / 601 sf with a median price of RM1,130 psf.
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