Melaka Tengah, Melaka · Freehold · 6 transactions
Median Price
RM400K
RM380K – RM470K
Median PSF
RM425
RM338 – RM448
Transactions
6
2022-06 to 2024-07
Size Range
883 – 1389
sq.ft (built-up)
Data-driven insights for TROPICANA RESIDENCES
Earliest PSF (2022)
RM448
Current PSF (2024)
RM425
Capital Gain
-5.0%
Total Return (est.)
1.8% p.a.
| Capital appreciation (2 years) | -5.0% |
| Annualised capital return | -2.5% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 1.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -3.4% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Melaka district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 900 sqft | 3 | RM400K | RM448 |
| 1,400 sqft | 2 | RM470K | RM338 |
PSF Trend: Stable
PSF moved from RM448 (2022) to RM425 (2024)
Liquidity: Low
6 transactions over 2 years (~3/year)
38% above Melaka Tengah average
This project: RM425 PSF vs Melaka Tengah median: RM307 PSF
Est. Total Return: 1.8% p.a. (below FD)
Capital loss (-2.5% p.a.) + rental yield (~4.3% p.a.)
TROPICANA RESIDENCES delivers a modest estimated total return of 1.8% p.a. — comprising -2.5% capital depreciation and ~4.3% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 38% above the Melaka Tengah average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2024 | Condominium/Apartment | Freehold | 893 | RM425 | RM380K |
| Jan 2024 | Condominium/Apartment | Freehold | 883 | RM453 | RM400K |
| Jan 2024 | Condominium/Apartment | Freehold | 1,389 | RM266 | RM370K |
| Sept 2023 | Condominium/Apartment | Freehold | 1,313 | RM381 | RM500K |
| Jun 2022 | Condominium/Apartment | Freehold | 893 | RM448 | RM400K |
1 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 6 records
3 interactive charts
Scatter, price & PSF vs Melaka Tengah & Melaka
Percentile breakdown
25th, 50th, 75th price & PSF
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