Riana Green

Riana Green is a leasehold condominium located nearby Tropicana Golf and Country Club, Kuala Lumpur. It was developed by IJM Land for over 4 phases which the first phase completed in 1997 and overall developments were done in 2003. It comprises of a number of blocks which are low rise, medium rise and high rise blocks.Riana Green is strategically located in high-class Tropicana enclave. There are numerous amenities surrounding the area. Just next to the entrance, there is a commercial block that hosts rows of eateries including Domino's Pizza and Arisu Korean BBQ, convenience store, a clock tower and launderette to cater residents' needs. Within Tropicana enclave, there are few commercial centers not far away from Riana Green, such as Dataran Prima, SunwayMas Commercial Centre, and Taman Bukit Mayang Mas.In addition, Riana Green is also nearby to shopping malls, such as One Utama which is just within 5 minutes driving, The Curve, Tropicana Mall, Cineleisure, IKANO, and Tesco. There are also schools and colleges nearby the condominium, SJK (C) Damansara is just situated opposite of the condominium, and Kolej Bandar Utama and Kolej Damansara Utama are just within short driving distance. For golf enthusiasts, Tropicana would be a heaven as Tropicana Golf Club is just within short driving as well as Bandar Utama 9-hole Golf Course. Riana Green is accessible from the NKVE and it is adjacent next to the NKVE Kayu Ara exit. Not only that, Subang Airport is just 4 kilometers away. With the DUKE highway is open for access, Riana Green's residents can utilize the highway to access Ampang, Gombak and Hulu Kelang with ease. It is also near to SPRINT highway, which leads motorists to Damansara Heights, Bangsar, Lebuhraya Damansara-Puchong (LDP) and Penchala Link highway.

Property Details

Name: Riana Green

Address: Jalan Tropicana Utara, Tropicana, 47301 Petaling Jaya

Developer: IJM Land (a subsidiary of IJM Corporation)

Completion Date: 2003

Type: Condominium

Tenure: Leasehold

No. of Blocks: over 10

No. of Units: 1,500

Built-up: 520 - 2,760 sf

Subsale Price:

Rental:

Facilities

4 swimming pools

Jogging tracks

Wading pool

Barbecue area

Clubhouse

Gymnasium

Squash court

Tennis court

Games room

Children's playground

Multi-purpose hall

Tennis court

24-hour security

Market Trends

Analysis

IJM Land is a big name in local construction industry. It is the listed property development arm of IJM Corporation (IJM). It was formerly known as RB Land Holdings, and changed its name to IJM Land due to the merger of IJM Properties and RB Land. From apartment to township, residential to commercial, IJM has done them all. If you are looking at its track record, you will be amazed on the long lists of projects they have done. Traffic congestion nearby Riana Green is improving a lot compared to few years before they blocked the road from LDP, as less people are taking advantage of the access in front of Riana Green to commute from LDP to Kota Damansara. There are numerous options to access the area, shared within residents from Tropicana and Kota Damansara. Plus there is also plan to construct another access point linking Tropicana to Puchong to improve the road planning in Tropicana.Demand for Tropicana's residential is high and stable as it does not rely on just expatriates like Mont Kiara, as here is a ready demand from tenants there, due to the nearby school, colleges, and offices in PJ area. Transaction rates for units here are very fast, each unit will probably be in the market for less than 3 weeks before being snapped up. Many potential buyers have expressed their disappointment for not booking their favorite units as people tend to place the booking fees of 2% rather quickly. With 30 over agents serving Riana Green alone, transaction should quite high enough to justify their coverage of this property. Tropicana postcode itself, 47301, is always linked with CEOs and politicians address. Despite of the promising demand in the area, there are other supplies nearby as well, which include Casa Tropicana, Casa Indah 1, Casa Indah 2, Sunway Sutera and Opal Damansara. Besides that, there are other condominiums in nearby areas as well, like in Bandar Utama, there are Metro Kajang's Pelangi Utama and 1 Bukit Utama.Riana Green is among the most preferable condominium residential in Damansara vicinity, and this place is the home for you if you intend to live in the environment as below:1) Westerner grandpas teaching their grandchildren swimming in the pool2) local Chinese teaching her son cycling3) local Chinese mother n daughter walking and chatting around the pool4) Japanese family walking and exercising around the resort areaGenerally living in this place will give you the relaxing and calming feeling just like staying in a resort compared to other newer projects which are more commercialized.In terms of capital appreciation, the price of Riana Green will still rise, as there are news that management will refurbish this property, which of course will increase the property price. There are 1000 over units here and with each unit paying average RM0.25 psf, average monthly contribution to management is around RM300,000 / month, which will then be channeled back to the maintenance of this property.Plus there are also news that International School will be build nearby the intersection to Tropicana Golf and Country Club. Maintenance wise for Riana Green is one of better ones and as for security, it's very tight even within the compound late at night. You will see many residents jogging in the compound especially after working hours as the safety is secured enough for them to do so.