Ivory’s WorldCity reclamation works may begin in 2Q16
GEORGE TOWN: After a delay of almost four years, land reclamation works on the RM10 billion Penang WorldCity mixed-use development in Bayan Mutiara, Penang may finally be moving forward.
Kong resigns as Tropicana MD effective Dec 5
KUALA LUMPUR (Nov 4): Tropicana Corp Bhd announced that Datuk Kong Woon Jun (pictured) has resigned as the group's managing director (MD) effective Dec 5 this year.
DONE DEAL: Two-storey bungalow, Tropicana Indah Resort Homes, PJ
Sold for: RM3,460,000 Concluded by: Zoe Ong of Suite Trade Properties (016 203-3806) When: September 2015 Address: Jalan PJU3/16, Tropicana Indah Resort Homes Noteworthy: - Leasehold - Built-up: 4,230 sq ft - Land area: 6,200 sq ft - 5 bedrooms, 5 bathrooms - cul-de-sac lot - well-connected to major highways - just a few minutes’ drive from Tesco Hypermarket, IKEA and Ikano Power Centre According to the agent, Zoe Ong of Suite Trade Properties, homes within the Tropicana Indah area are sought after due to their strategic location as well as conveniences offered by nearby amenities.
Sungei Wang Plaza to remain a laggard for CMMT
CapitaLand Malaysia Mall Trust (Oct 19, RM1.
Strong start for Tropicana Heights
KAJANG: The transformation of a former golf course into a housing estate in Kajang has gone well for Tropicana Heights, with the first phase Fairfield Residences fully taken up and ready for handover in the first quarter of next year, says Tropicana Corp Bhd executive director Kelvin Choo.
Parkfield Residences 2-storey terraced houses 70% sold
KAJANG (Sept 29): Tropicana Heights Kajang’s second phase, Parkfield Residences, has seen a take-up rate of over 70% and 50% for its 2-storey terraced houses and 3-storey linked semi-detached houses respectively, said Tropicana Corp Bhd executive director Kelvin Choo.
Tropicana cancels RM444.3m land buy for RM3.7b mixed project in Johor
GEORGE TOWN (Sept 23): Tropicana Corp Bhd's special purpose vehicle (SPV) Tropicana Danga Senibong Sdn Bhd (TDSSB) has cancelled its acquisition of a 34.
Increased costs of high-end projects
KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.