January 15, 2021
Berjaya Land (BLand) Berhad's nature-inspired mixed
development in Bukit Jalil called The Tropika is selling very well in spite of the
on-going pandemic and slow economy.
The RM781 million project, developed by Berjaya Hartanah
Berhad, a subsidiary of
BLand, the pioneer developer in Bukit Jalil offers modern amenities nestled amid
lush greenery, and this makes it one of the few developments in Klang Valley which
such an unique and natural offering.
Some units at the gated and guarded residence overlook
the Bukit Jalil Golf &
Country Resort.
Occupying a 2.6ha freehold parcel, The Tropika has a total of 868 apartment units
spread
across four towers, with four types of specially designed units. There are Type A,
Type
B, Type C, and Type D units measuring 732 sq ft, 974 sq ft, 1318 sq ft, and 1251 sq
ft
respectively, offering an easy entry point for middle-income home buyers.
Type A unit. Courtesy image
So far BLand has launched Tower A and Tower B and both have garnered significant
sales.
Tower A with 229 units was launched February 23, 2019, and recorded a 65 per cent
take-up back then. The units range from 732 sq ft (two-bedroom) to 1,318 sq ft
(three-bedroom).
The launch price starts from RM575,800 for the smaller units to as high as RM1.03
million for the bigger apartments. The price, which is at an average of RM720 psf is
considered reasonable compared with projects by other developers in the
neighbourhood that offer less in their developments.
The most pleasant part about The Tropika is that there are only five to seven units
per level, providing privacy to the residents.
The project has a commercial component making it a valuable and complete development
for the residents. The commercial space comprises a 23,695 sq ft grocer (Jaya
Grocer), two-storey dual frontage shop office ranging from 3,316 sq ft to 3,814 sq
ft, and retail space ranging from 752 sq ft to 1,677 sq ft.
Another interesting feature which is attracting home buyers to The Tropika is the
unique 1.17ha full-fledged deck that comes with 68 types of facilities grouped under
eight lifestyle categories that you see in no other development.
One of the best landscape feature on the deck is its biophilic design, which is a
rare sight in other projects as the investment is a lot. The biophilic design
focuses on connecting a building's occupants with nature. The deck will resemble a
forest canopy where the uppermost branches of the trees avoid touching one another —
a phenomenon known as crown shyness — thereby creating channel-like gaps.
The other facilities include an infinity swimming pool, indoor and outdoor
gymnasiums, a dance studio and boxing ring, a zen garden, a rock-climbing wall,
camping grounds, and an e-charging station, giving all the privilege to the
residents to enjoy various lifestyle activities in a tranquil environment under one
roof.
Successful take-up and price appreciation
BLand chief executive officer Syed Ali Shahul Hameed told NST Property that The
Tropika has attracted young families and the millennial generation.
Syed Ali said it aims to launch Tower C in April and Tower D at the end of this
year, depending on the market situation and the pandemic.
The launch price for Tower C range from RM732,800 to RM1.314 million, while Tower D
is between RM779,800 and RM1.391 million, he said.
"We develop innovative products and comfortable living spaces that cater for
multi-generations. The Tropika provides residents with a sense of urban living amid
lush greenery. Residents can live at a leisurely pace within this sanctuary," he
said.
Syed Ali said Bukit Jalil is still one of the most sought-after neighbourhoods in
Kuala Lumpur by owner-occupiers and investors as they see great growth potential in
the area.
He said despite the on-going pandemic, there is an influx of interest from
home-seekers and investors looking for a safe haven.
Bukit Jalil is one of few areas in Kuala Lumpur where property prices have been
stable or increasing marginally amid the current soft market conditions.
Berjaya Group entered Bukit Jalil about 20 years ago. At that time, the area was all
jungle. Berjaya bought about 162ha and developed the golf course first, and later
launched bungalow lots, which were selling below RM100 psf. Today, the bungalow lots
are transacting at slightly above RM700 psf.
The group then launched the Arena Green apartments at RM99,000 for a 1,000-sq-ft
unit, which in the current market, has more than tripled in price.
Other projects that followed with significant price appreciation over their launch
price are Savanna, Savanna 2, Covillea, KM1 East, KM1 West, Greenfields, Green
Avenue, and The Link Business Centre.
Green Avenue, completed in 2003, sold an apartment unit with the build-up of 1,080 sq ft at RM90 psf, and the current market price is RM450,000. KM1 East with 202 units ranging from 1,335 sq ft to 2,021 sq ft sold at RM650 psf. Today in the market the units, which were completed in 2016 are worth RM770,000 to RM1.52 million.
KM1 West, comprising 350 units was completed in 2014. The units, ranging from 1,335
sq ft to 1,508 sq ft sold at RM450 psf, and the market price today is between
RM830,000 and RM1 million.
"All the properties have done very well. If you bought a unit in Bukit Jalil 10 to
20 years ago, you would be doing very well today. There is a fairly nice increment
in selling price and rental despite market uncertainties," Syed Ali said.
Syed Ali expects The Tropika to also have a fair increment in selling price in the
secondary market.
The Tropika is slated for completion in February 2023 while the commercial
development is expected to be completed by December this year, with Jaya Grocer
commencing operations next year.
BLand still has around 5ha of undeveloped land bank in Bukit Jalil and there is a
plan to develop an RM2 billion healthcare hub on it. If the healthcare plan
materialises soon, it will complement the overall development, setting a new pricing
benchmark.
Strategic location
The Tropika is located opposite the Bukit Jalil Golf & Country Resort and next to
the Link 2.
There is easy access from the project to major highways such as the
Damansara-Puchong Expressway (LDP), Puchong-Sungai Besi Highway, Shah Alam
Expressway, Maju Expressway (MEX), and New Pantai Expressway.
The Tropika is also well-served by public transportation, including the Rapid KL bus
and Light Rail Transit train services.
It is also within close proximity to various established educational institutions
such as SJKC Lai Meng, International Medical University, and Asia Pacific
University, as well as sporting and recreational facilities such as the Bukit Jalil
Complex, the Bukit Jalil Recreational Park, and the Bukit Jalil Golf & Country
Resort.
Call Berjaya Property Gallery at 603-8994 4866 or
visit https://berjayaproperties.com/project/the-tropika
for more information on the available units.
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