Tropicana

Tropicana Partners with Banyan Group for Skypark Kepler in Johor Tropicana Corp Bhd has partnered with global hospitality leader Banyan Group Ltd to introduce Skypark Kepler, a luxurious branded residence project in Johor. Officially announced on Dec 10, this RM2.1 billion development marks Banyan Group’s first venture into Malaysia’s residential property market. A Luxury Residence with a...

Tropicana Corporation Berhad has announced its unaudited financial results for the third quarter ending September 30, 2024. While the group reported a revenue of RM877.8 million, a 21.9% decrease compared to the same period last year, the results underscore Tropicana’s strategic focus on debt reduction and long-term sustainability. Revenue Performance Overview The RM877.8 million revenue was...

Tropicana Unveils Skypark Kepler by Banyan Group at Lido Waterfront Boulevard, Johor Tropicana Corp Bhd has introduced its first luxurious and branded residence, Skypark Kepler by Banyan Group, located within the 163-acre Lido Waterfront Boulevard in Johor. The project, developed on a 4-acre site, boasts a gross development value (GDV) of RM2.1 billion and reflects Tropicana’s commitment to creating...

Discover the Vision Behind Lido Waterfront Boulevard in Johor Lido Waterfront Boulevard, Tropicana Corp Bhd’s ambitious new project, promises to transform Johor’s skyline and enhance its appeal as a thriving, international city. Launched on October 30, this 163-acre master development marks a significant milestone in Tropicana’s vision for luxury, sustainable living. With an official groundbreaking...

Tropicana Gardens' Edelweiss Celebrates 100% Take-Up and Topping-Off Event Tropicana Gardens, a transit-oriented development (TOD) in Tropicana Indah, has reached a milestone with the 100% take-up of Edelweiss Serviced Residences and a topping-off ceremony for Edelweiss SOFO and Shoppes. This marks the success of the seventh phase of the project, developed by Tropicana Corp Bhd in collaboration with The...

Tropicana Corporation Bhd (Tropicana) is gearing up to soft-launch two of its significant developments in Johor—Lido Waterfront Boulevard in Johor City Centre and Fraser Hills in Tropicana Uplands, Gelang Patah—in the coming months. These projects reflect Tropicana's strategic expansion in response to the growing demand in Johor's property market, particularly after the announcement of the...

Tropicana Corporation Berhad, a prominent Malaysian property developer, has announced the disposal of a substantial 68.457-acre freehold land parcel in Johor Baru, Johor, to the Japanese multinational information technology service and consulting firm, NTT Data Group. The transaction, valued at RM383.13 million, is a strategic move by Tropicana to unlock the value of its land assets, providing the company...

Tropicana Indah Sells Tropicana Gardens Mall and Other Assets to IOI Properties for RM1.1 Billion Tropicana Indah Sdn Bhd, an indirect 70%-owned subsidiary of Tropicana Corporation Bhd, has signed a sale and purchase agreement with IOI Mall Damansara Sdn Bhd, a wholly-owned subsidiary of IOI Properties Group Bhd, for the sale of Tropicana Gardens Mall for a total consideration of RM680...

When it comes to choosing a property that embodies both a lucrative investment and a serene getaway, Tropicana Cenang in Langkawi stands out as a compelling choice. Situated in the heart of the island's most vibrant beach town, Pantai Cenang, this development offers both investors and vacationers the perfect blend of luxury, convenience, and profitability. Strategic Investment Opportunities Investing...

In a strategic pivot reflecting the evolving priorities and market conditions, Tropicana Corp Bhd and Pantai Kok Resort Development Bhd have mutually decided to terminate their joint development agreement (JDA) for a 44.61-acre land parcel in Padang Mat Sirat, Langkawi. This decision, disclosed in a recent filing with Bursa Malaysia, underscores both entities' responsive approach to the dynamic real estate...