Paloma, Tropicana Metropark

Paloma is a freehold apartment located in Tropicana Metropark, Batu Tiga. There are 571 units available at this project with built-up from 609 sf to 916 sf. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price of about RM850 psf, and was completed around 2017.

Tropicana Corp Bhd (fka Dijaya Corp) is a very large-scale 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, Casa Tropicana, Fortune Park, Pandora, Tropez Residences and Tropicana Bay Residences.

Property Type
Apartment
Land Tenure
Freehold
Built-up
609 sf - 916 sf
Market Price
RM430,000 - RM710,000
Density
571 Units
Completed In
2017
Launch Price
About RM850 psf

This apartment has some amenities nearby, i.e. schools and metro transport stations. The following are some of the main schools here:

The current market prices for Paloma are from RM430,000 to RM710,000 (about RM780 psf); while the monthly rentals are from RM1,500 to RM2,000 (about RM2.18 psf). The highest median price psf ever recorded was RM903 psf in Q2 2014; while the lowest one was RM727 psf in Q3 2015.

The current rental yield of Paloma is around 4.0%, compared to 2.88% a year ago in Q2 2018. The highest rental yield ever recorded was 4.0% in Q2 2019; while the lowest one was 2.88% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Paloma is 2-bedroom / 916 sf with a median price of RM780 psf. For price wise, the most expensive one is 1-bedroom / 609 sf with a median price of RM790 psf; while the cheapest one is Studio / 609 sf with a median price of RM710 psf.

Latest Paloma for sale listings:

DateTypeBuilt-upPrice
TodayCondominium916 sfRM486,000
13-Aug-19Studio609 sfRM370,000
13-Aug-19Studio609 sfRM410,000
13-Aug-19Condominium916 sfRM710,000
29-Jul-19Condominium916 sfRM540,000
12-Jul-19Condominium916 sfRM600,000
23-Jun-19Condominium916 sfRM748,000
14-Jun-19Condominium916 sfRM750,000
13-Jun-19Condominium-NA-RM680,000
13-Jun-19Studio-NA-RM410,000

Latest Paloma for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium920 sfRM2,400
30-Jul-19Condominium916 sfRM2,100
30-Jul-19Studio609 sfRM1,200
30-Jul-19Condominium916 sfRM2,300
30-Jul-19Condominium916 sfRM2,100
30-Jul-19Condominium970 sfRM2,000
30-Jul-19Studio-NA-RM1,600
23-Jul-19Condominium920 sfRM2,200
23-Jul-19Condominium920 sfRM2,300
23-Jul-19Condominium920 sfRM2,200

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