• Caitlyn
  • 23 February 2021

Tropicana Grande is a luxury high-rise condominium that promises privacy and the serenity of a golf course view. The design is planned with luxury in mind, as it encompasses built-ups big enough to provide spacious and comfortable living, full glass windows, a private lift that serves up to the doorstep, and a private pool.

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The leasehold development is located at the Tropicana township near the Bandar Utama enclave in Petaling Jaya. The orientation of the 4 blocks imitates a golfer’s swing, while its form follows the contour lines and mounds of the golf course. Tropicana Grande is crafted with luxury and spaciousness in mind.

The development sits on 5.17 acres of prime resort land, and units’ full glass windows allow residents get to enjoy outstanding views of the sprawling Tropicana Golf & Country Resort Golf course. Apart from golf course views for all units, there’s also a private lift lobby, 24-hour security patrol, and alarm system for a secure environment.

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Tropicana Grande was launched in end 2009/early2010, and completed in 2013. Back then, the developer offered free legal fees on the Sale & Purchase Agreement (SPA), and free golf membership at the Tropicana Golf & Country Resort to buyers. Developed by Tropicana Corporation Berhad, it has a density of 46 units per acre, and a gross development value (GDV) of RM390 million.

Address: Persiaran Tropicana, Tropicana Damansara, 47410 Petaling Jaya, Selangor

Property Type: Condominium

Land Area: 5.17 acres

Land Title: Residential

Total Units: 328

Tenure: Leasehold

No. of Blocks: 4

No. of Storeys: 39

Year of Completion: 2013

Built-up Area: 2,283 sq ft – 6,602 sq ft

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Facilities:

  • Grand entrance
  • Private lift lobby
  • Par course
  • Landscaped garden
  • Pond
  • Reflexology garden
  • Gathering area
  • Barbeque area
  • Viewing deck
  • Children’s playground
  • Infinity pool
  • Jacuzzi
  • Cabana
  • Lounge pool
  • Wading pool
  • Shower pit
  • Gymnasium
  • Tennis court
  • Half basketball court
  • Games room (Level 6)
  • Function room (Level 5 & 6)
  • Nursery (Level 1)
  • Changing room (Level 5)
  • 24-hour security

Launch Price: From RM1.3 million

Launch Price Per Sq Ft: About RM588 per sq ft

Maintenance Fee: RM0.35 per sq ft

Awards: 

The developer, Tropicana Corporation has won multiple property accolades during the PropertyGuru Asia Property Awards (Malaysia) 2020 event such as: 

  • Winner: Best Developer                
  • Highly Commended: Best Mega Township Developer for Tropicana Aman development                
  • Winner: Special Recognition for ESG (Environmental, Social, Governance) 

Project Details

Tropicana Grande is located beside the FIABCI award-winning Tropicana Golf & Country Resort in Selangor. The luxury condominium is a golf fronting high-rise development. There are 4 blocks standing at 38 and 39 storeys, with 328 units in total.

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The units come with:

  • Bathrooms that are attached to every bedroom
  • Master bedrooms with en-suite resort styled Jacuzzi
  • An open kitchen concept that provides further enjoyment of the views
  • A spacious entrance foyer

Within Tropicana Grande, there are a myriad of facilities, including a 50m swimming pool, wading pool, cabana, lounge pool, Jacuzzi, gymnasium, reflexology garden, children’s playground, tennis courts, par course, function room and a barbecue area, among others.

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Purchasers and renters can choose from several unit designs – Typical, Duplex, Duplex at Pool Deck, and Duplex Penthouse. They feature 3+1 bedrooms, 4+1 bedrooms, and 5+1 bedrooms, with 5, 6, 7 and 9 bathrooms respectively.

Unit types & sizes

  • Typical: 2,283 sq ft – 3,666 sq ft
  • Duplex: 4,687 sq ft
  • Duplex at Pool Deck: 4,770 sq ft
  • Duplex Penthouse: 5,800 sq ft – 6,602 sq ft

Units are tagged from RM1.3 million, or at an average of RM588 psf. Maintenance fees are 35 sen psf, and the retail area of 40,000 sq ft will be leased out. Tropicana Grande also has 1,017 parking bays.

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Tropicana Grande is largely targeted at upgraders, business persons, professionals, investors seeking high return investment properties, and foreigners seeking resort developments. During its launch, Tropicana Grande had an encouraging response, with a sizeable volume of buyers.

There are 8 units that has its own dip pool at the recreational deck on the podium floor. Some duplexes on the upper floors also have such pools. The duplex units will have built-up areas of 4,531 sq ft to 10,359 sq ft.

Security features at Tropicana Grande include smart home and security system (alarm, intercom and panic button for all units), CCTV system (at service lift lobbies, service lifts, main lobbies, car park, and so on), card access and barrier gate systems, and private lifts.

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Location

Getting to and from Tropicana Grande is easy and convenient, with direct access to major routes via the Damansara–Puchong Highway (LDP), SPRINT Expressway Highway, North Klang Valley Expressway (NKVE), and Penchala Link.

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The Surian MRT station (along the Sungai Buloh-Kajang line) is located about 2km away from the development, and it is connected by a variety of roads and highways. The station is also just 2 stops away from the Bandar Utama station, and 4 stops to Pavilion Damansara Heights station.

The development is also surrounded by more than a handful of shopping centres, hypermarkets, petrol stations, banks, worship places, restaurants, grocers, schools, and colleges. It’s all listed below!

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Accessibility

  • Persiaran Tropicana
  • Lebuh Bandar Utama
  • Persiaran Surian
  • Persiaran Damansara Indah
  • New Klang Valley Expressway (NKVE)
  • Jalan Tropicana Selatan
  • SPRINT Highway
  • Damansara-Puchong Highway (LDP)
  • Surian MRT station

Education

  • SJK (C) Damansara
  • SK Tropicana
  • SMK Tropicana
  • SMK Bandar Utama Damansara 2
  • SRK Bandar Utama
  • SJK (C) Puay Chai 2
  • SMK Damansara Utama 3
  • St Joseph’s Institution International School Malaysia (Tropicana PJ Campus)
  • SEGi University
  • First City University College
  • UOW Malaysia KDU College Damansara Jaya
  • HELP University
  • Asia Pacific Int. School (APIS)
  • Sri KDU International School
  • MSU

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Medical Care

  • Thomson Medical Centre
  • Tropicana Medical Centre
  • KPJ Damansara Specialist Hospital

Shopping

  • Tropicana Avenue shop lots
  • Centrepoint Bandar Utama
  • Atria Shopping Gallery
  • 1 Utama Shopping Centre
  • Starling Mall
  • Damansara Uptown shop lots
  • Glo Damansara Mall
  • The Curve
  • IPC Shopping Centre
  • Tesco Mutiara Damansara
  • IKEA Damansara
  • 3 Damansara

Recreation

  • Tropicana Golf & Country Resort
  • Central Park Bandar Utama
  • Champion Badminton Court
  • Ara Court Badminton Hall
  • Central Park Bandar Utama
  • Bandar Utama Golf Course
  • The Club Bukit Utama
  • Mutiara Damansara Recreational Park
  • TPC (Tournament Players Club)
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Analysis

Tropicana Grande has all the features and facilities that make it ideal for living. There is a grand entrance that welcomes all residents, tenants, and visitors. With a launch price of about RM588 per sq ft, it was a third off luxury developments in KL city centre.

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Thus, it appealed to those seeking an affluent area, without the prices of units in KL city centre, and traffic that is relatively lighter than in the city centre.

Listings in PropertyGuru in February 2021 show that the asking monthly rental for the Typical 2,283 sq ft units are from RM5,800 to RM7,000, while purchase prices are asking from RM1.9 million to RM2.3 million.

For units purchased at RM2 million, and rented out at RM6,500 per month, the gross rental yield would be approximately 3.9% per annum.

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Here’s a look at residential properties in Petaling Jaya.

Project

Land Tenure

Property Type

Completion

Built-up

Approximate Launch Price

Tropicana Grande by Tropicana Corporation Berhad

Leasehold

Condominium

2013

2,283 sq ft – 6,602 sq ft

From RM1.3 million

1 Bukit Utama by Bandar Utama Development Sdn Bhd

Freehold

Condominium

2005

1,981 sq ft – 2,000 sq ft

From RM950,000

9 Bukit Utama by Bandar Utama Development  Sdn Bhd

Freehold

Condominium

2012

2,286 sq ft – 4,719 sq ft

From RM1,165,800

Casa Tropicana Block E by Tropicana Corporation Berhad

Leasehold

Condominium

2013

985 sq ft – 1,478 sq ft

About RM420 psf

The Effingham by Bandar Utama Development

Freehold

Zero-lot Bungalow

2013

5,654 sq ft – 10,753 sq ft

From RM4.3 million

Uptown Residences by See Hoy Chan Group

Freehold

Serviced Apartment

2014

734 sq ft – 6,548 sq ft

From RM584,000

Tropicana Avenue by Tropicana Corporation Berhad

Leasehold

Serviced Residence

2015

660 sq ft – 1,621 sq ft

From RM600 psf

Tropicana Gardens Cyperus by Tropicana Corporation Berhad

Leasehold

Serviced Residence

2018

601 sq ft – 1,404 sq ft

From RM650,000

Lumi Tropicana by Thriven Global Bhd

Leasehold

Serviced Residences

2019

862  sq ft – 2,218 sq ft

 

From RM857,650

Ryan & Miho by OSK Property

Leasehold

Serviced Apartment

2021

678 sq ft – 990 sq ft

 

From RM550,000

Ivory Signature Suites by Ivory Panorama Sdn Bhd

Freehold

Serviced Apartment

2022

From 922 sq ft

From RM708,000

121 Residences by Glomac Bhd

Leasehold

SoHo / Serviced Apartment

2023

450 sq ft & 750 sq ft

From RM318,000

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Summary

Back in 2013, Dijaya Corporation Berhad changed its name to Tropicana Corporation Berhad. They have been in the property industry for more than 2 decades, having pioneered residential resort-style living Tropicana Golf & Country Resort and Tropicana Indah Resort Homes. They have an extensive list of projects under their belt nationwide.

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Some of their other integrated developments include Tropicana Gardens at Kota Damansara, Tropicana Metropark in Subang Jaya, Tropicana 218 Macalister in Penang, Tropicana Danga Cove and Tropicana Danga Bay in Johor, Tropicana Avenue in Petaling Jaya, Tropicana The Residences in KL, Tropicana Aman in Kota Kemuning, Tropicana Heights in Kajang, and 3 Damansara (formerly known as Tropicana City Mall).

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Here are estimated loan figures for a Typical Tropicana Grande 2,283 sq ft unit priced at RM2 million.

  • LTV / margin of finance: 70%
  • Down payment (30%): RM600,000
  • Loan amount: RM1.4 million
  • Loan term: 30 years
  • Interest rate: 3.2%
  • Monthly repayment: RM6,055
  • Approximate required gross annual income: RM245,000*

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These calculations are based on the PropertyGuru Home Loan Calculator, as well as PropertyGuru’s Home Loan Eligibility and Affordability Calculator.

If you’re interested in calculating Debt Service Ratio (DSR), you may refer to the PropertyGuru Home Loan Pre-Approval tool. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

* Assumptions: You have no other monthly debt obligations, and 30% of gross income will be spent on the housing loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.

 

Keep browsing Malaysia’s largest property site for more project reviews.

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Eric Wong

Caitlyn

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