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Residences South @ Tropicana Metropark
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Service Residence
Overview
Table of Contents
- 1 Residences South @ Tropicana Metropark Overview
- 2 Residences South @ Tropicana Metropark Location
- 3 Residences South @ Tropicana Metropark Floor Plan
- 4 Residences South @ Tropicana Metropark Facilities and Amenities
- 5 Residences South @ Tropicana Metropark Property Analysis
- 6 Residences South @ Tropicana Metropark Developer: Tropicana Corporation Berhad
- 7 Summary
Residences South @ Tropicana Metropark Overview
Residences South @ Tropicana Metropark is a new launch project by the Tropicana Corporation Berhad. Situated in the nucleus of Subang Jaya, the luxurious residence is to be launched with its counterpart shopping mall, known as the Shoppes in Tropicana Metropark in 2024. Residences South is on a freehold basis that comes in a limited number of 656 units, ranging from 500 to 700 sq ft homes. Overlooking Subang’s green scenic views, the high-rise has 30 storeys perched on top of a retail podium enriches the lives of future homeowners and tenants with an exciting urban and modern lifestyle experience. Set to be completed in 2024, Residences South @ Tropicana Metropark is surrounded by endless entertainment and commercial hubs.
Located in the enclaves of Subang Jaya, Residences South @ Tropicana Metropark is the latest instalment in Tropicana Metropark. More specifically, the upcoming condominium complex will be nestled in Jalan MP2, Subang Hi-tech Industrial Park, along with its sister condominiums – Paisley Serviced Residences, Paloma Serviced Residences and Pandora Serviced Residences. On top of that, the Tropicana Metropark also has a school – GEMS international School, offering British Curriculum in the proximity. The entire area spans more than 88 acres to accommodate the serviced residences, school and the Central Park, which extends up to 9.2 acres. A mixed development, the township has diverse buildings such as townhouses, villas, serviced apartments, shopping malls, office towers, shopfronts, business suites and more, in one iconic destination. Residences South @ Tropicana Metropark is right next to Persiaran Teknologi Subang connects the new purpose-built highway, making a direct link to Federal Highway. Tropicana Corporation invested a whopping RM106 million ringgit into the making of the road, which will ultimately decrease traffic congestion and travelling time. The self-sustaining township is neighbouring with USJ Heights and Subang Heights, both which are located in a walking distance. In terms of safety, residents and tenants would be relieved to know that the nearest police station is Balai Polis SS17, is located approximately 6.7 km away from South Residences and takes about 11 minutes to reach. Located in the middle of Subang Jaya, Residences South @ Tropicana Metropark is near six significant highways including the Federal Highway and Shah Alam Expressway (KESAS) which will provide a great connection for those who need to travel around areas such as Shah Alam, Glenmarie, Puchong, Bukit Jelutong and Petaling Jaya. A new direct access road, Tropicana Metropark Link, is going to be built right after the Batu Tiga toll for residents and visitors; using this new road, those from the Klang township will only have to commute less than 20 minutes to get to Residences South. Aside from that, the residents are spoilt for choices with various public transportations, such as KTM, LRT, MRT, BRT, e-hailing services and bus rounds, which are found in a ten-kilometre radius; some of the more popular stations include the Subang Jaya KTM Station and Batu Tiga KTM Station. Looking at medical care, residents and tenants at Residences South @ Tropicana Metropark can rest assured knowing that major healthcare facilities, clinics, dental practices and even veterinary centres are scattered throughout the area. More than 250 medical facilities are positioned in the vicinity of a ten-kilometre radius. Among those are the Subang Jaya Medical Centre (SJMC) which is a mere 5.9 km away and Hospital Veterinary Subang Jaya, situated 6.6 km away from Residences South. As for education, a plethora of school and universities for children and young adults of all ages are around the Tropicana Metropark as well; this includes the likes of premier tertiary education such as Management and Science University, KDU University, INTI International Subang College, Taylor’s Lakeside Campus, SEGi, Monash University Sunway Campus and many others. Residences South @ Tropicana Metropark is also a perfect shopping destination for all, with malls such as the Empire Shopping Gallery located only 5.2 kilometres away and Shoppes itself, situated beneath the high-rise. Aside from being a retail therapy haven, Residences South also caters for physical recreation enthusiasts and supports an active lifestyle for future homeowners. Besides having a 9.2 acre for a lush Central Park, the residence is near to Subang Ria Recreational Park (7.8 km), Kelab Negara Golf Subang (8.4 km) and Fitness First Platinum Subang (2.8 km). For those who choose to stay at Residences South @ Tropicana Metropark , convenience will be plentiful and holistic, given how Tropicana Metropark is steadily expanding to suit for the Subang Jaya-Glenmarie-Shah Alam golden triangle and its surrounding communities. Here’s a list of the nearby amenities surrounding Residences South @ Tropicana Metropark: Built on commercial-titled land, Residences South @ Tropicana Metropark spans more than 4.10 acres and rests on top of a retail podium. Beneath the residence, Tropicana Metropark’s highly anticipated shopping mall, Shoppes is also expected to be completed by the second quarter of 2024. Being a part of Tropicana Metropark’s masterplan for the urban locals, Residences South is built in a resort-styled functional living space. Take a look at the floor plans below. Residences South @ Tropicana Metropark offers three types of floor plans, Type A, Type B and Type C. The first type – Type A has the biggest floor plan with a maximum of 700 sq ft with two bedrooms (one master bedroom and a single room), two bathrooms and two car parks as well. This type would make a suitable home for millennials and newly married couples who do not need much space. On the other hand, Type B and Type C, which are both studio homes, come in 500 sq ft, each with a single room, bathroom and car park. The Type B and Type C will be a great choice for students, bachelors, single homeowners/tenants and minimalists who will utilize good use of the compact space. Designed for comfort and luxury, the residence is neatly packed with an array of facilities on the ninth level, L9 Podium. Residences South @ Tropicana Metropark is an environmentally friendly green building, and there’s only more greenery to go around on the said floor with beautiful exuberant views. Since the residence has a resort-style theme to it, residents can enjoy the jacuzzi, gazebo, cabana, picnic lawn among many other world-class facilities. Below is a list of Residences South @ Tropicana Metropark facilities: Residences South @ Tropicana Metropark stands 30 storeys high with 656 units. As for security, the complex will have two-tier security with a 24 hours security, access card to lift lobbies, staircases and lift accesses to designated floors. The high-rise will be located above Shoppes, a three-storey retail destination with 70 units and airy ventilated walkways. Residences South @ Tropicana Metropark mainly targets investors and the upper economic class. Since Subang Jaya was recently granted a city status from its municipality rank on 19th of October 2020, buying serviced residences will be an opportunity to welcome many benefits for the buyer. Purchasing a serviced home and subsequently renting it out for long and short term to a constant stream of travellers will generate valuable income for the investor. Given how Residences South @ Tropicana Metropark is closely located to an abundance of universities and colleges, investors can rent it to students or the education staff for a good deal. In general, serviced apartments or condominiums are more preferable compared to other alternatives such as hotels and dorms. Serviced homes are usually strategically located around big cities and massive shopping malls. This is purposefully done to provide renters the ease of conveniences without having to travel afar. In this case, Residences South @ Tropicana Metropark will provide excellent access for home-renters to get around Subang Jaya township itself and the affluent cities around it such as the neighbouring Shah Alam, Glenmarie, Kuala Lumpur and Damansara with much ease. It’s no surprise that there are bound to be other condominiums in highly sought-after areas in Subang; among those that we have compiled to compare with Residences South @ Tropicana Metropark are Zeta Residences, Prima U1 Condominium, Subang Parkhomes Condominium and Main Place Residences. These condominiums will be compared in terms of built-up size, price per sq ft, land tenure and completion year with Residences South. Starting with built-up size, Subang Parkhomes Condominium has the most prominent area, with a maximum built-up size of an impressive 2471 sq ft, followed by Zeta Residences, which has an area of 1055 to 1625 sq ft. The other high rises, including Residences South @ Tropicana Metropark , fall below a medium size of 1100 sq ft. Looking at the price per sq ft, Residences South @ Tropicana Metropark comes with a more expensive price tag in comparison to other serviced homes such as Zeta Residences and Main Place Residences. The two aforementioned residences are lesser-priced, somewhere from RM500 to RM550 per sq ft; which makes it an RM300.00 difference from Residences South @ Tropicana Metropark per sq ft, priced at RM800. The price tag of Residences South may be more expensive given how newer buildings have bigger upfront costs (which makes the running costs lower in the future). Besides, Residences South @ Tropicana Metropark could be priced higher considering how it has numerous market drivers, such as schools, medical cares and shopping malls around its premise. Not to mention, Residences South @ Tropicana Metropark is also built in Subang Jaya, which has an increasing population and has recently attained a city status. This shifts us to the third aspect: land tenure. Residences South @ Tropicana Metropark is sold on a freehold basis, similar to Subang Park homes Condominium and Main Place Residences; freehold homes generally tend to have the upper hand over leasehold homes as it can be a great investment not only for the buyer but for their future generations to come as well. Among these three freehold high-rises, Residences South @ Tropicana Metropark triumphs the other two choices for one reason alone – the year of completion. Residences South is expected to be completed in the second quarter of 2024, in another four years. By that time, Subang Park homes Condominium and the Main Place Residences would mark nine years since their inception which may not appeal to homeowners and investors alike who are in search of modern, contemporary properties. In terms of land tenure and completion year, Residences South @ Tropicana Metropark dominates. The property will be located in the heart of the Tropicana Metropark, Subang Jaya, making it a strategic real estate investment. Residences South @ Tropicana Metropark is developed by Tropicana Corporation Berhad. Having more than 20 years of experience and expertise under the belt, the developer rose to fame with their Tropicana Golf & Country Resort and Tropicana Indah Resort Homes, and they have not been slowing down since. In the world of developers, Tropicana Corporation Berhad is known for being a trendsetter with their resort-style homes. Aside from that, the corporation prides on building homes with open spaces, innovative designs and beautiful aesthetics, which fits well with its motto, ‘Redefining the art of living’. With an impressive record in both commercial and residential developments, Tropicana Corporation Berhad most recently bagged the awards Best Developer, Best High-End Condo, Best Mid-End Condo, Best Hotel Development, Best Condo Developer, Best Architectural Best and more for their outstanding development work all over Malaysia in the PropertyGuru Asia Property Awards 2020. Their latest development, Tropicana Metropark – is a self-sustaining township with ongoing projects and new launches, like Paisley Serviced Residences and Shoppes South, a modern commercial hub. The Tropicana Corporation Berhad continues to create a diverse range of stunning properties for both residential and commercial uses such as office rentals, retails, hotels, education spaces and more. Tropicana Metropark’s Residences South will be a good choice for those looking to find a home or to invest. The serviced residence will be advantageous to future residents, given how it is located in Subang Jaya’s well-connected area and is close by plenty of amenities and facilities. Living in the centre of commercial hubs is no longer a fantasy; for those who wish to live a comfortable, fast-paced life and to enjoy the benefits of a city, Residences South is the ideal abode for them. Residences South @ Tropicana Metropark Location
Connectivity
Convenience
Education
Healthcare
Malls and Supermarket
Residences South @ Tropicana Metropark Floor Plan
Residences South @ Tropicana Metropark Facilities and Amenities
Residences South @ Tropicana Metropark Property Analysis
Target Market
Competitor Analysis
wdt_ID Development Built-Up Size (sq. ft.) Selling Price Price PSF Land Tenure Completion Year
1
Residences South
500 – 700
RM 377 000
RM 800
Freehold
2024
2
Zeta Residences
1055 – 1625
From RM498 000
RM 520
Leasehold
2017
3
Prima U1 Condominium
980 – 1100
From RM310 000
RM 210 – RM 436
Leasehold
2011
4
Subang Parkhomes Condominium
1093 – 2471
From RM870 000
RM 443 – RM785
Freehold
2015
5
Main Place Residences
615 -910
From RM380 000
RM 500
Freehold
2015
Residences South @ Tropicana Metropark Developer: Tropicana Corporation Berhad
Summary
Details
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Service Residence
Amenities
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Barbeque Area
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Basketball Court
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Cabana
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Gymnasium
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Jacuzzi
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Landscaped Garden
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Multipurpose Hall
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Nursery
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Park
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Playground
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Pool
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Pool Deck
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Surau
Location
Region
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Selangor,
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Subang Jaya
Neighbourhood
Video
Floor Plan
3d Tour
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Service Residence
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Service Residence
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In Progress