Property Review

Edelweiss Shoppes, Commercial Shop @ Tropicana Gardens, Petaling Jaya

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Tropicana Corporation

Location

Damansara, Selangor

Type

Landed House

Price

RM794k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry point of RM794,000 is competitive for commercial shop units in the Petaling Jaya corridor, though pricing appears mid-range relative to established commercial properties; actual value depends on unit size and rental yield potential, which require clarification.
  • **Location & Connectivity**: Tropicana Gardens benefits from proximity to major commercial hubs and established residential areas in Damansara, though the absence of nearby MRT connectivity may limit tenant attraction and long-term capital appreciation compared to transit-oriented commercial zones.
  • **Risk & Timing**: Key risks include unclear completion timeline and unspecified tenure terms, which directly impact ROI calculations and investment feasibility; market absorption for commercial retail units remains uncertain given evolving e-commerce trends and post-pandemic tenant demand patterns.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 44% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM794,000
Selangor MedianRM550,000
Priced 44% above area median

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,500–3,400

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

6.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Located in Damansara, Selangor
  • By Tropicana Corporation

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.

Edelweiss Shoppes, Commercial Shop @ Tropicana Gardens, Petaling Jaya Property Report — Is It Worth Buying? | NewProjek | NewProjek