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.
This apartment has some amenities nearby, i.e. schools and metro transport stations. The following are some of the main schools here:
- Gems International School Tropicana Metropark
- Sekolah Kafa Integrasi Nurul Hidayah
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.
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