The Sun - Tropicana: Come Join Our Smart Partnership Programme
PETALING JAYA: In a move to push forward and expand its foothold across Malaysia, property developer Tropicana Corp Bhd is ready to welcome partners and take on more joint-venture projects.
Established in 1979, Tropicana has become a household name that is synonymous with community builders and value investments. In 1992, Tropicana introduced the first resort-themed development and since then, it has completed many projects across Malaysia and unlocked more than 1,500 acres of landbank.
Tropicana founder and group executive vice-chairman Tan Sri Tan Chee Sing spoke of his confidence in his team's capability and shared his vision to drive the group forward.
"For 25 years, we have witnessed and celebrated many milestones and achievements with our valued partners. Together, we have developed luxurious residences, commercial lots, mixed townships, shopping mall, five-star hotels, and international schools. We are humbled and grateful for their confidence, trust, and support in us. Backed by my capable management team and committed workforce, I believe we are ready to take a big step forward and welcome more partners to join our Smart Partnership Programme.
"We are the owner of over 2,100 acres of landbank worth over RM77 billion GDV across Malaysia, namely in Klang Valley, Genting Highlands, Langkawi, and Johor. To boost our business resilience and scale up our expansion plan, we invite landowners to join us, leverage on our expertise.
and unlock their landbank or we welcome corporations to partner with us to jointly develop our strategic landbank," said Tan.
Tropicana's Smart Partnership Programme began in 1996 when Tropicana teamed up with Perbadanan Kemajuan Negeri Selangor to develop a 405-acre township at Tropicana Indah Resort Homes. In 2010, the group partnered with Iskandar Waterfront Sdn Bhd to build a 37-acre mixed development known as Tropicana Danga Bay, Johor.
Tropicana was then invited to form alliances with many reputable local and international corporations such as Ivory Properties Group, Marriott International, Hong Kong-listed Agile Property Holdings, GEMS Education, MBI Incorporated, Tenby Schools, and Temokin Development.
To date, Tropicana has joined forces with 11 corporations, and completed more than 45 joint-venture projects with total GDV exceeding RM13 billion over the course of 25 years.
