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 63 real estate projects in Malaysia. Other similar projects by the same developer are Casa Tropicana, 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
RM630,000 - RM1,560,000 (Apartment)
RM530,000 - RM630,000 (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 4.06% for apartment units and 3.61% 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 3.88% in Q4 2017 (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 RM950 psf. For price wise, the most expensive one is 3-bedroom / 1,621 sf with a median price of RM960 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 1,180 sf with a median price of RM530 psf.

Latest Tropicana Avenue for sale listings:

DateTypeBuilt-upPrice
15 Apr 2020Condominium660 sfRM635,000
18 Apr 2020Condominium660 sfRM578,000
18 Apr 2020Condominium1,623 sfRM1,550,000
12 Apr 2020Condominium660 sfRM650,000
14 Apr 2020Condominium660 sfRM650,000
14 Mar 2020Condominium1,019 sfRM888,000
9 Mar 2020Office866 sfRM650,000
9 Mar 2020Office710 sfRM590,000
11 Mar 2020Office723 sfRM565,000
2 Mar 2020SOHO660 sfRM575,000

Latest Tropicana Avenue for rent listings:

DateTypeBuilt-upRental
28 Mar 2020Room-NA-RM450
12 Apr 2020Condominium660 sfRM2,200
12 Apr 2020Condominium660 sfRM1,700
15 Mar 2020Retail1,565 sfRM7,000
12 Mar 2020Retail1,200 sfRM2,000
12 Mar 2020Retail1,700 sfRM9,400
8 Mar 2020Condominium660 sfRM2,300
8 Mar 2020Condominium660 sfRM2,000
12 Mar 2020Condominium660 sfRM2,000
13 Mar 2020Condominium660 sfRM1,950
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