Tropicana Avenue, Tropicana

Tropicana Avenue is a leasehold integrated mall, office & residential hub that is located in Tropicana, Petaling Jaya. There are 453 condominium units, 210 offices and 62 shop-offices available at this property with built-up from 660 sf to 1,623 sf for condominium units and 685 sf to 866 sf for offices. It was developed by Tropicana Corp Bhd (fka Dijaya Corp) with a launch price of around RM600 psf for condominium units, and was completed in about 2015.

Tropicana Corp Bhd (fka Dijaya Corp) is a very large real estate company listed on KLSE, and it has undertaken around 74 real estate projects in Malaysia. Other similar projects by the same developer are Casa Tropicana, Fortune Park, Tropez Residences, Tropicana Aman, Tropicana Bay Residences, Tropicana Danga Bay, Tropicana Gardens, Tropicana Heights, Tropicana Indah and Tropicana Metropark.

Property Type
Integrated Mall, Office & Residential
Land Tenure
Leasehold
Built-up
660 sf - 1,623 sf (Condominium)
685 sf - 866 sf (Office)
Market Price
RM580,000 - RM1,360,000 (Condominium)
RM520,000 - RM600,000 (Office)
Total Units
453 Condominiums, 210 Offices & 62 Shop-Offices
Completion Date
2015
Launch Price
RM600 psf (Condominium)

The only amenities nearby this integrated mall, office & residential hub are some schools. Several of the schools here are SJK (C) Damansara, SK Tropicana, SMK Tropicana and St Joseph's Institution International School Malaysia (Tropicana PJ Campus).

The current rental yield of Tropicana Avenue is 4.71% for condominium units and 4.36% for offices. The highest rental yield ever recorded was 4.89% in Q3 2023 (condominium) and 4.85% in Q1 2023 (office); while the lowest one was 3.79% in Q1 2021 (condominium) and 2.74% in Q2 2021 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Tropicana Avenue for condominium units is 1-bedroom / 660 sf with a median price of RM880 psf. For price wise, the most expensive one is 1-bedroom / 666 sf with a median price of RM880 psf; while the cheapest one is 3-bedroom / 1,621 sf with a median price of RM840 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at tropicana avenue for offices is 711 sf with a median price of rm760 psf. For price wise, the most expensive one is 711 sf with a median price of RM760 psf; while the cheapest one is 837 sf with a median price of RM690 psf.

Latest Tropicana Avenue sale listings:

DateProperty TypeBuilt-upPrice
TodayOffice689 sfRM373,000
TodayOffice689 sfRM373,000
YesterdayCondominium660 sfRM628,000
5 Apr 2024Office689 sfRM373,000
15 Apr 2024Condominium689 sfRM373,000
19 Mar 2024Condominium660 sfRM550,000
20 Mar 2024Condominium600 sfRM513,000
19 Mar 2024Condominium657 sfRM461,000
19 Mar 2024Condominium660 sfRM513,000
17 Mar 2024Condominium1,019 sfRM870,000

Latest Tropicana Avenue rental listings:

DateProperty TypeBuilt-upRental
25 Mar 2024Condominium660 sfRM2,200
17 Mar 2024Condominium660 sfRM2,700
17 Mar 2024Retail1,706 sfRM7,500
23 Feb 2024Retail2,357 sfRM13,000
31 Jan 2024Office1,224 sfRM4,500
7 Feb 2024Condominium1,019 sfRM3,799
7 Feb 2024Condominium660 sfRM2,299
30 Jan 2024Office886 sfRM2,100
23 Jan 2024Office685 sfRM1,800
20 Jan 2024Condominium660 sfRM2,300
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