PETALING JAYA – Tropicana Miyu, a joint-venture project by Tropicana Corporation Berhad (“Tropicana”) and Temokin Development Sdn Bhd (“Temokin”), celebrated 3 key milestones recently. This freehold development in Section 17 Petaling Jaya recorded a strong 100% take-up and timely completion with ongoing VP handover since 7 November 2024. Located on a prime 2.8-acre land, Tropicana Miyu is regarded as a quality development, achieving a high Quality Assessment System in Construction (“QLASSIC”) score of 85%.
271 happy homeowners were contacted for the early handover of vacant possession with home buyers citing its various facilities and modern minimalist aesthetic as some of Tropicana Miyu’s desirable factors. This low-density condominium features 11 types of layouts and a built-up ranging between 600 sq ft to 2,183 sq ft. With a gross development value (“GDV”) of RM261 million.
Ixora Ang, Managing Director, Marketing & Sales and Business Development at Tropicana, shared more on the development’s value proposition and ESG commitments.
“Tropicana Miyu was launched in 2020 and the first Sales & Purchase Agreement (“SPA”) was signed in September 2020. This freehold development offers the best of both worlds perfectly balancing rich history and modern culture while providing great connectivity and contemporary living. These pull-factors attracted many keen buyers and we sold more than 60% of the units within the first 6 months. Within 18 months, we achieved 100% take-up. Through this successful collaboration with our partner, Temokin, we are thrilled to celebrate the timely handover of vacant possession on 7 November 2024.”
Elaborating further, she added, “Remaining dedicated to our green commitments, the condominium possesses low-emissivity glass for level 7 which includes the lift lobby, gym, kids play room and multipurpose hall. It has also been installed with a rainwater harvesting system, bicycle racks and car charging bays.”
Jeremiah Tan Chien Yih, Executive Director of Temokin said, “Our partnership with Tropicana is into its 6th year and it has been a highly successful few years so we were pleased to work with Tropicana again on high-rise development – Tropicana Miyu. Having achieved 100% sold out status and a QLASSIC score of 85%, it is certainly testament to the quality of the product that was born from this joint effort.”