THE TROPICA
TAMPINES AVENUE 1 · District 18 · 99 yrs lease commencing from 1996
Median Price
S$1.4M
Price Range
S$855K - S$2.2M
Tenure
Leasehold
Avg Rent
S$3.51 psf
THE TROPICA Price Analysis
THE TROPICA is a leasehold development on TAMPINES AVENUE 1 in District 18 (Tampines/Pasir Ris). According to URA transaction records, 63 private residential transactions have been recorded at this development, with a median price of S$1,420,000. Prices range from S$855K for the smallest units to S$2.2M for premium configurations.
The development offers units across 3 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$900,000. Larger units (4-bed (130-170 sqm)) trade at S$1,650,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at THE TROPICA. High-floor units (11-15) command a median of S$1,550,000, while low-floor units (01-05) sell for S$1,349,400. That is a 15% premium for higher floors, worth S$201K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, THE TROPICA commands an average of S$3.51 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.6%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$900K | 92 sqm | 10 |
| 3-Bed (100-130 sqm) | S$1.4M | 115 sqm | 38 |
| 4-Bed (130-170 sqm) | S$1.6M | 144 sqm | 15 |
Current Listings
2-Bed sale
Marcus Lim · ERA REALTY NETWORK PTE LTD
FAQ
What is the average price of THE TROPICA?
The median transaction price at THE TROPICA is S$1,420,000, based on 63 URA-recorded transactions. Prices range from S$855K to S$2.2M.
Does floor level affect prices at THE TROPICA?
Yes. High-floor units (11-15) sell for a median of S$1,550,000, while low-floor units (01-05) sell for S$1,349,400. That is a 15% premium for higher floors.
What is the rental rate at THE TROPICA?
The average rental rate at THE TROPICA is approximately S$3.51 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.