Brazil will reach peak population by 2042 while India will reach peak population in 2061 at 1.7 billion. By the year 2100, the population numbers for these countries will actually be lower than 2025. China for example will have just 633 million population! This will be less than half that of India. It is 1.5B (India) and 1.4B (China) today.
Stellaris @ Riana Dutamas, A Defining Moment for Urban Living Segambut, once a quiet, non-descript suburb in Kuala Lumpur, has undergone a truly remarkable evolution
TROPICANA GARDENS DIANTHUS SERVICED RESIDENCES ACHIEVES GREEN BUILDING CERTIFICATION • Tropicana Gardens Dianthus Serviced Residences was recently presented with the Green Building Index (“GBI”) Silver
Frankly, I am not that confident that most Penangites would take the LRT, even those staying along the stations. Stop using Singapore or Hong Kong as a benchmark even if both of them are islands. In Hong Kong, the parking is RM15 per hour, maybe higher depending on locations. It’s similar in Singapore plus the fact the petrol prices for both islands are easily 4 times or higher than Penang. Cars are considered cheap for Hong Kong’s typical salary but cars are super expensive for Singaporeans.
If we use the available property transaction numbers for comparison, we have the Q3 2024. In comparison to all the Q3s for the past years, we can see a clear trend of an increasing number of property transactions. Take a look below:
Do you feel that the property price is already too high? Double storey landed terrace homes starting from close to RM1 million? Must be a joke inside a dream, maybe? Well, in some areas, this same property is now RM1.6 million or higher. Surely only the landed properties can be at this price?
Tropicana Aman, the holistic development by Tropicana Corporation Berhad (“Tropicana” or “Group”), is named the Best Housing Masterplan in Malaysia at the FIABCI Malaysia Property Award 2024. This is a pinnacle achievement for Tropicana Aman, a resort-style, community-focused township located on 863 acres of premium land in Kota Kemuning. Over 11 years ago, Tropicana began working on the blueprint for Tropicana Aman with the vision of creating a resort-style, community-focused township. Driven by a commitment to promoting health and well-being, the development philosophy emphasises a balanced lifestyle, integrating abundant green spaces and comprehensive amenities. The township, a walking and biking community, is designed to enhance residents’ quality of life by offering modern and comfortable residential developments, commercial spaces to meet every day needs, and expansive outdoor areas.
For the financial period ended 30 September 2024, the Group recorded a revenue of RM877.8 million. Tropicana’s financial position continues to improve, with gross gearing level reduced from 0.74 times as of 31 December 2023 to 0.70 times as of 30 September 2024. The Group’s unbilled sales stood at RM2.3 billion placing the Company in a comfortable position to deliver sustainable earnings.
In October 2023, property developer Tropicana Corporation Berhad (“Tropicana” or “the Group”) introduced its first signature township in Puncak Alam. Aptly named Tropicana Alam, this 362-acre integrated development offers 8 lifestyle and commercial components. The township unveiled the Avisa Residences first phase modern terrace show units while celebrating the 70% take-up of its 431 units within the first 7 months. This exciting update is due to the high demand for the development on its first opening weekend in March 2024.
I picked just one slide for this first article about the property market in Malaysia. For an overview, we just need to know two things when it comes to property market dynamics yeah. When times are not so positive for the property market, people tend to hold back their purchases. That’s why we will see total transactions falling tremendously. Just take a look at the years during Covid-19. No one could do anything…
Tropicana Transforms Southplace 2 Residences With The Makeover Guys Offering Fully-Furnished Designer Homes At Unbeatable Value • Tropicana continues to redefine the art of living
Award-winning Tropicana Gardens, an integrated and Transit Oriented Development (“TOD”) at Tropicana Indah, celebrated 100% take-up and Topping Off milestone for Edelweiss Serviced Residences, SOFO and Shoppes. This seventh phase of Tropicana Gardens, a hallmark development by Tropicana Corporation Berhad (“Tropicana” or “The Group”) and joint venture with The Selangor State Development Corporation (“PKNS”), hosted a Topping Off Ceremony marking the successful completion of the building structural stage. This ceremony denotes the timely progress and delivery for Edelweiss as it is targeted for completion by Q4 2025.