Tropicana Avenue, Tropicana

Tropicana Avenue is a leasehold integrated office, residential & retail hub located in Tropicana, Petaling Jaya. There are 453 apartment units, 210 offices and 62 shop-offices available at this project with built-up from 660 sf to 1,621 sf for apartment units and 685 sf to 1,180 sf for offices. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price of around RM600 psf for apartment units, and was completed about 2015.

Tropicana Corp Bhd (fka Dijaya Corp) is a huge real estate company listed on KLSE, and it has undertaken around 65 real estate projects in Malaysia. Other similar projects by the same developer are Bora Residences, Tropez Residences, Tropicana Aman, Tropicana Bay Residences, Tropicana City, Tropicana Danga Bay, Tropicana Gardens, Tropicana Heights, Tropicana Indah and Tropicana Metropark.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
660 sf - 1,621 sf (Apartment)
685 sf - 1,180 sf (Office)
Market Price
RM650,000 - RM1,560,000 (Apartment)
RM530,000 - RM900,000 (Office)
Density
453 Apartments, 210 Offices & 62 Shop-Offices
Completed In
2015
Launch Price
RM600 psf (Apartment)

This integrated office, residential & retail hub has some amenities nearby, such as schools and hospitals. The following are some of the major schools here:

The current rental yield of Tropicana Avenue is 3.72% for apartment units and 4.18% for offices. The highest rental yield ever recorded was 4.38% in Q3 2019 (Apartment) and 4.8% in Q3 2018 (Office); while the lowest one was 3.72% in Q2 2020 (Apartment) and 3.03% in Q3 2017 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Tropicana Avenue for apartment units is 1-bedroom / 660 sf with a median price of RM980 psf. For price wise, the most expensive one is 1-bedroom / 666 sf with a median price of RM980 psf; while the cheapest one is 2-bedroom / 1,019 sf with a median price of RM910 psf.

Office Layouts

Meanwhile, the most popular layout and size combination at Tropicana Avenue for offices is 711 sf with a median price of RM770 psf. For price wise, the most expensive one is 711 sf with a median price of RM770 psf; while the cheapest one is 837 sf with a median price of RM720 psf.

Latest Tropicana Avenue for sale listings:

DateTypeBuilt-upPrice
26 Nov 2020Office723 sfRM565,000
25 Nov 2020Condominium660 sfRM628,000
25 Nov 2020Condominium666 sfRM669,000
25 Nov 2020Condominium1,019 sfRM918,000
25 Nov 2020Condominium1,019 sfRM930,000
25 Nov 2020Condominium1,019 sfRM960,000
13 Nov 2020Condominium660 sfRM635,000
12 Nov 2020Condominium1,019 sfRM705,000
22 Nov 2020Condominium660 sfRM600,000
22 Nov 2020Condominium660 sfRM580,000

Latest Tropicana Avenue for rent listings:

DateTypeBuilt-upRental
TodayRetail1,100 sfRM12,000
27 Nov 2020Condominium660 sfRM2,150
26 Nov 2020Office1,480 sfRM3,500
25 Nov 2020Condominium1,621 sfRM6,000
25 Nov 2020Condominium1,019 sfRM3,000
25 Nov 2020Condominium660 sfRM2,200
25 Nov 2020Condominium660 sfRM2,300
25 Nov 2020Condominium660 sfRM2,300
25 Nov 2020Condominium660 sfRM2,400
25 Nov 2020Condominium660 sfRM1,800
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