Welcome to Tropicana Indah, an upscale residential enclave nestled in the heart of Petaling Jaya. Formerly known as Damansara Indah Resort Homes, this luxurious development is situated adjacent to Tropicana and is surrounded by some of Petaling Jaya’s most affluent districts, including Kota Damansara, Sunway Damansara, Bandar Utama, Damansara Idaman, and Mutiara Damansara.
Launched in 1995, Tropicana Indah is a joint venture between Tropicana Corp (previously Dijaya Corp) and the Selangor State Development Corp. Today, it stands as a sprawling 625-acre mixed development, boasting 497 bungalow lots, over 3,800 residential units, a business park, smart schools, an 18-hole Seri Selangor Golf Course, and 881,597 sq ft of commercial space.
The Essence of Tropicana Indah
Built on spacious leasehold land, Tropicana Indah was designed with the vision of “bringing country living to the city”. To achieve this, Tropicana Corp introduced two signature brands: Green, representing its landed property range, and Casa, symbolising its condominium development series.
Among the well-known developments in Tropicana Indah are Casa Indah 1 and Casa Indah 2, Adam/Eve Single Storey Linked House, Mustika/Pesona Double Storey Linked house, Romeo/Juliet Double Storey Linked House, Villa Green Super 3-storey Fairway Villas, Villa Green 1 Double Storey Linked Bungalow, Villa Green 2 3-Storey Semi-Detached Villa, Pool Villas, Grand Villas, Green Haven, Green Haven Resort Villa 1, and Golf Villas.
Luxury Landed Residential Communities
Tropicana Indah is home to several small luxury landed residential communities along Persiaran Damansara Indah. These include bungalows and semi-detached homes along Jalan PJU 3/15, 3/15a, and 3/15b, as well as bungalow-only communities along Jalan PJU 3/17, 3/17a, 3/17b, and 3/19.
Villa Greens, also known as Green Villas, comprises 350 semi-detached houses located along Jalan PJU 3/12, 3/12a to 3/12h, 3/15, and 3/15a to 3/15b. These properties offer built-ups ranging from 4,000 sq ft to 10,500 sq ft, with bungalow lands ranging from 10,500 sq ft to 20,000 sq ft.
Signature Developments
Among the signature developments in Tropicana Indah are the Villa Green Super 3-storey Fairway Villas, launched in 2006. These super semi-detached properties offer a built-up area of 6,200 square feet each, with a total of 52 units in the Fairway Villas.
Pool Villas, launched in 2010, consists of 54 units of 3-storey semi-detached homes with built-up areas ranging from 5,812 to 7,345 sq ft. Grand Villas, also launched in 2010, spreads over 3.46 acres of leasehold land and comprises 12 units of 2- and 3-storey bungalows, with built-up areas ranging from 8,200 to 9,000 sq ft.
Condominium Living
Casa Indah 1 and 2 Condominiums are located along Persiaran Surian. Casa Indah 1, completed in 2006, comprises 498 units housed in two 20-storey blocks and two 3-storey blocks on 5.62-acre leasehold land. Casa Indah 2, completed in 2008, comprises two 26-storey blocks (Block A and B) and two 5-storey blocks (Block C & D).
Accessibility and Location
Tropicana Indah is highly accessible via various transport routes. The closest train stations are Surian MRT, Kota Damansara MRT, and Bandar Utama LRT3, all located just under 1km away. A line of bus stops are also situated along Persiaran Damansara Indah.
Additionally, Tropicana Indah is located just off the New Klang Valley Expressway (NKVE), linking the estate to the rest of Klang Valley. SPRINT Highway and the North South Expressway are both easily accessible from Tropicana Indah, ensuring a quick and efficient travel time to Kuala Lumpur’s city centre as well as other neighbouring towns and districts.
Amenities and Attractions
Tropicana Indah is surrounded by a large selection of amenities and attractions. A cluster of restaurants and cafes are located along the Persiaran Tropicana, less than 1 km away. Residents can enjoy dining out at the nearby local eateries and restaurants in Tropicana Avenue.
Several schools are located nearby, such as St. Joseph’s International School, SJKC Damansara, SMK Seksyen 4 Kota Damansara and SK Tropicana. Other amenities such as supermarkets, clinics, cash points can all be found in the vicinity. Residents can also head over to Tropicana Avenue, Tropicana Gardens Mall, Sunway Giza in Kota Damansara, and The Curve, IKEA, or Tesco in Mutiara Damansara for a greater selection of retail outlets, cinemas, and other facilities and attractions.
Property Pricing Analysis
The demand for properties in Tropicana Indah is quite high, with a variety of properties available for rent. Here are some insights based on the latest data:
Condominiums: Casa Indah 1, a leasehold condominium with 498 units, offers 3-bedroom layouts ranging from 1,237 square feet (sf) at a median price of RM570 per square foot. Rental prices vary from RM750 to RM2,800 per month. Casa Indah 2, features 2-bedroom units with 1,215 sf at a median price of RM530 psf. Starting selling prices begin at RM600,000, while rental rates start from RM1,900 per month.
Houses: There are several houses available for rent in Tropicana Indah. These include 2-storey terraced houses, semi-detached houses, and bungalows. Among them, the Tropicana Pool Villas stand out with a monthly rental of RM 19,000 for a spacious semi-detached house featuring 7 bedrooms and 7005 sqft. Additionally, the Tropicana Indah PJU 3 area boasts 2-storey terraced houses available at RM 3,500/month, offering 4 bedrooms and 1700 sqft. Keep in mind that rental prices can vary based on property type, size, and location.
Office Spaces: Renting office space in Tropicana Gardens Corporate Tower appears to be on the pricier side. Based on limited data, the average rental price falls around RM 6 per square foot, translating to a monthly rent between RM 38,910 and RM 66,235. Factors like office size, floor level, and furnishing can influence the final price.
It’s worth noting that the rental yield for houses in Tropicana Indah is currently around 2.0%. This figure represents the annual return on the investment made on the property, excluding the price appreciation. The highest rental yield ever recorded was 4.69% in Q2 2020.
- Historical Data:
- Highest Recorded Yield: The highest rental yield ever recorded was 4.69% in Q2 2020 (for houses).
- Lowest Recorded Yield: The lowest rental yield recorded was 2.0% in Q4 2022 (for houses).
- Unit Layouts and Sizes:
- The most popular house layout and size combination at Tropicana Indah is a 5-bedroom house with 4,000 square feet, with a median price of RM660 per square foot.
- The most expensive layout is a 4-bedroom house with 5,000 square feet, priced at RM1,060 per square foot.
- The most affordable option is a 4-bedroom house with 1,950 square feet, priced at RM590 per square foot.
If you’re interested in specific listings, here are some recent sale and rental transactions in Tropicana Indah:
Recent Sale Listings:
- Residential Land: Price not specified (March 4, 2024)
- Bungalow (9,797 sq ft): RM9,000,000 (February 25, 2024)
- Semi-Detached (7,005 sq ft): RM5,000,000 (February 25, 2024)
These figures indicate a healthy demand for rental properties in Tropicana Indah. However, it’s important to remember that these are approximate figures and can vary based on factors such as the condition of the property, its exact location within Tropicana Indah, and current market conditions. For the most accurate and up-to-date information, it’s recommended to consult with a local real estate agent or check out property listings on reputable real estate websites.
Upcoming Developments (2024)
- Tropicana Gardens: This award-winning mixed-use development comprises residential towers, a retail mall, and an office tower, all directly linked to the Surian MRT station. The last part of this development, Edelweiss Serviced Residences, SOFO & Shoppes, is currently under construction and is expected to be completed by 2025.
- Aetas Damansara: This luxurious development is undertaken by One Residence, a subsidiary of MCT Berhad. Aetas Damansara is being developed on a 1.765-acre land and comprises two high-rise towers.
- Lumi Tropicana: This is a leasehold mixed commercial & condominium development located in Tropicana, Petaling Jaya. Developed by Thriven Global Bhd, Lumi Tropicana offers a total of 812 units.
- Sunway Medical Centre Damansara: This state-of-the-art medical facility is nearing completion and is expected to open in 2024. It will feature 336 beds, eight operating theatres, and over 80 specialist consultation suites. Its specialties will encompass Obstetrics & Gynaecology, Paediatrics, Orthopaedic Surgery, and Rheumatology, among others.
These new developments and infrastructure projects could potentially impact rental trends and property prices in Tropicana Indah, making it an even more attractive place for potential tenants and property buyers. However, the impact on rentals and property prices would also depend on other factors such as market conditions and the supply and demand of properties in the area.
For the most accurate and up-to-date information, it’s recommended to consult with a local real estate agent or check out property listings on reputable real estate websites.
