1,172 acres. Mixed township development.

Coming soon. Next to Bandar Rimbayu.

As early as H1 2014.


Version 2 here:
>>> https://forum.lowyat.net/topic/4091601

This post has been edited by accetera: Oct 24 2016, 11:07 PM

wah..ur info very update lor

Yap. Coming soon. Anyway, is leasehold project. Same as bandar rimbayu

keep the project updated from time to time ya~ small potato like me is rely on your source~

Which is further away? Canal or rimbayu?

Oh man... leasehold????

Aiseh ! Leasehold ! Lempek lioa !

Non bumi can still whack bro. Bumi and leasehold really cannot mix well

If I am not mistake , that area is surrounded by Malay kampung ,like bandar putera klang .

Rimbayu is bigger and longer in terms of master plan scale drag from Kemuning to Bdr Saujana Putra.

While, Tropicana's is surrounded by few lakes to ensure the "Canal" theme and directly in between Bdr Rimbayu and Bkt Rimau or next to West Coast highway.

In terms of flexibility of accessibility, Rimbayu has multi accessible, thanks to Tropicana's joining in the Canal's project.

However, Tropicana's is nearer to Kesas Highway with it's proposed master plan and much nearer to Bkt Rimau / Kota Kemuning.

Is under Shah Alam or Banting or klang ？

https://forum.lowyat.net/index.php?showtopic=1805836&hl=







canal city include rimbayu + tropicana land + some unsold land

maybe not under shah alam





Attached thumbnail(s)

Wah very informative, kh8668!!

old files plus some maps can easily help people to understand the geography

Should be Kuala Langat.

wow thanks for the geography...

and yeah.. the masterplan will have water to make it look like "canal"... and it comes under Daerah Kuala Langat.

Tropicana Corp hopes whole masterplan is >RM20 billion.

Price of homes will not be "cheap".

Well shared.

+1

Land clearing apparently. Anyone can confirmed???

any details?

Launch date??

land clearing? dont see any pun. maybe other side of land.

Worth to spend time for treasure hunt
With tis project in, it completes my puzzle for a new golden line to the west of KV started fr :-

Setia Alam (& Bdr Bukit Raja)- I-City - Alam Impian - Kota Kemuning (& Kemuning Utama / Bukit Rimau) - Canal City - Bdr Rimbayu

These 9 integrated townships has one similarity - traveling along Proposed WCE. mustn't miss

This post has been edited by UFO-ET: Feb 6 2014, 06:45 PM

Tropicana selling 309 acres out of 1,172 acres


Tropicana sells RM470.6mil land to Eco World
The Star | Wednesday March 19, 2014 MYT 6:08:44 PM
http://www.thestar.com.my/Business/Busines...d-to-Eco-World/

KUALA LUMPUR: Tropicana Corporation Bhd is expected to bag a net gain of RM170mil from its RM470.67mil land sale to Eco World Development Group Bhd.

In a statement on Wednesday, Tropicana said its 308.72 acre land sale in South Klang is expected to translate into incremental net earnings per share of 12 sen for its year ending Dec 31, 2014.

The land is part of the 1,172 acre Tropicana Aman which the group acquired in April 2013.

“Tropicana Aman is slated to be launched in the second half of 2014.

“The scheduled launches of Tropicana Aman for 2014 will comprise landed properties with an estimated gross development value of RM770mil,” it said.

Group executive Danny Tan Chee Sing said the sale is in line with its transformation strategy to unlock the value of its sizeable landbank, and monetise its assets to strengthen our balance sheet.

“On top of enhancing earnings, the cash proceeds from this disposal will further strengthen our delivery platform and better position us for sustainable growth over the medium to long term,” he said.

For the financial year ended Dec 31, 2014, Tropicana posted a 134% increase in revenue to RM1.47bil.

Group pretax rose 123.9% to RM503.6mil, while net profit attributable to shareholders gained 112% to RM362.3mil.

Map:

This post has been edited by accetera: Mar 20 2014, 09:41 AM

Eco World to launch RM8 billion Klang project
By Sharen Kaur | bt@mediaprima.com.my
http://www.nst.com.my/business/todayspaper...roject-1.521972

KUALA LUMPUR: Eco World Development Group Bhd, a company set up by former SP Setia Bhd's directors and executives, will launch EcoSanctuary, a new project in south Klang worth RM8 billion.

The project is part of Tropicana Corp Bhd's 468.8ha Tropicana Aman development, which was previously known as Canal City.

Eco World is acquiring 123.5ha from Tropicana for RM470.67 million, or RM35 per square feet.

Trading of Eco World and Tropicana shares was suspended yesterday from 2.30pm to 5pm.

Prior to the suspension, Eco World rose two sen, or 0.4 per cent, to RM4.69, while Tropicana was up five sen, or 3.6 per cent, to RM1.43.

Both parties expect to conclude the land deal in the second half of this year.

Tropicana said in a statement that it will gain RM170 million from the land sale, which will translate into incremental net earnings per share of 12 sen for fiscal year 2014.

Its group executive vice-chairman Tan Sri Danny Tan Chee Sing said the sale is to unlock the value of the sizeable landbank and monetise assets to boost its balance sheet.

Meanwhile, Eco World president and chief executive officer Datuk Chang Khim Wah said the deal is in line with its strategy to replenish its landbank in major growth corridors to expand its operations.

He said Eco World would be able to launch the project after completion of the deal as the land comes with an approved development order.

Chang said the eight-year project, which will feature eco-themed mixed residential and commercial properties, is expected to start by year-end.

EcoSanctuary will be the company's maiden township launch in the Klang Valley under the Eco World brand.

Eco World has been busy buying land since last year and now has 1,214ha in Greater Kuala Lumpur, Johor and Penang with estimated gross development value of RM30 billion.

Business Times reported recently that Eco World is participating in a request for proposal by Penang Development Corp to buy 190ha on a hillock close to the landing point of the new bridge crossing between Batu Kawan and Batu Maung on Penang island.

This is getting more and more interesting

Yeah, and more and more high end residential here.

KK residents could be benefit the most.

lol... is this thread title changed??? even the projek name also got since 2013???? LOL~

just spoke to Tropicana SA, preview shld be Q3 2014.
dont think come cheap

Among the three townships,TROPICANA AMAN is nearest to Kota Kemuning, followed by Eco Santuary and Rimbayu is located at the bottom.

In my memory serves right, Talam's Canal City has total 4,000 acres, now minus off with the above townships, still hv 929 acres of land to the east near to Bdr Saujana Putra. 929 acres shd go back to Selangor gomen, Accetera, any clue?

This post has been edited by UFO-ET: May 22 2014, 11:38 AM

good thread over here. Now I can know the eco world plot of land. And the balance non red colour are belong to Tropicana...

This post has been edited by gunh: May 23 2014, 09:24 AM

Both lands forms part of the entire old Canal City land, bout 40%
Now you know how big is the original Canal City plan by Talam ya (bout 4,000 acres)
Luckily this lousy company do not launch it, otherwise we will hv many victims conned

This post has been edited by UFO-ET: May 23 2014, 10:10 AM

Talam still got land there if not mistaken.

any news for this??

No.. registered d.. btr whack this one than d 3 options u provided.

http://tropicanacorp.com.my/faq/registration.php

can register at their website, found 'Tropicana Aman' at kota kemuning
hehe

Tropicana, Selangor amend terms of land sale


PETALING JAYA: Tropicana Corporation Bhd and the Selangor state government had entered into a supplementary agreement to amend and incorporate additional terms and conditions with regards to the sale of a piece of land in the vicinity of Kota Kemuning previously known as the Canal City.

Among the salient points of the amendments are that the state will receive accelerated payment amounting to RM173mil instead of RM85mil for a portion of the land that Tropicana had sub-sold to Prominent Stream Sdn Bhd, a subsidiary of Eco World Development Group Bhd.

According to a statement by Tropicana last Friday, the other matter in the amended agreement is that the Menteri Besar Selangor (Pemerbadanan) (MBI) has appointed Permodalan Negeri Selangor Bhd (PNSB) as the agent and project manager to manage its interest subsequent to the new agreement.

The deal between Tropicana and the state can be traced to April 15, 2013 when the property developer’s subsidiary, Sapphire Index Sdn Bhd (SISB), acquired 1,172 acres of leasehold land in what was previously known as Canal City for close to RM1.3bil.

The bulk of the amount is to be paid over 20 years as Tropicana develops the land.

In March this year, the embattled Selangor Mentri Besar Tan Sri Khalid Ibrahim had a change of mind after SISB sold a portion of the land, measuring 308.72 acres to Prominent Stream Sdn Bhd (PSSB) for RM470.7mil cash.

Subsequently, in April, MBI has made fresh offer to Tropicana to pay up-front RM844.3mil, a valuation derived on a net present value basis, compared with RM1.3bil previously.

In the latest development, Tropicana said that the accelerated payment was with regards to the sub-sale of the parcels sold to PSSB on the basis of developable area instead of gross land area.

“The accelerated payment amounts to RM173mil instead of RM85mil. As a result, there will be a waiver in interest for the amount paid,” it said.


-------
Extracted from The Star, any impact on the launching?

A lot of issues here, hearsay this is one of the downfall of Selangor MB.

downfall? think again

why Menteri Besar Selangor sell land to Eco World become a issue??

Is a hot topic in the industry insiders. Can't comment for now.

We all love the insiders news lol

But now not the right timing to discuss

i heard this hot topic since early of this year~~ i tot this issue can be cover somehow n someway....but....hmmm

why why why??

Tropicana Aman sales gallery already setup in KK

Can register through here now http://www.tropicanaaman.com.my/

Where is the sales gallery located?

set up long long ago......but until now no news........

Heard that they delay the project to next year already....

Min 1.5Mil.......

this project seems to have a special treatment based on the current development of Selangor State Gov...good for investment?

Yes. EW all project is good

Tropicana will make it bomb, Eco World will make it bomb, IJM already bombing.
3 of these areas' top developer just beside each other and walking distance.
how You think? good to invest?

Wait...dun be so excited, it takes time, at least 10-15 yrs to get mature

Yes, UFO-ET daikor. For me, new township normally take time too and market also slow down a bit.
But why i can feel that area is the most grow fast is, these 3 developers are top developer, and they having 1 same pattern is they always do event on their township, so it's help growth fast.
existing house price appreciation always will help by new phases launch. these 3 having many phase to launch, will keep helping raise the existing house price faster, unless their new phase always increase 10-20k, then nothing to say already.

Some more, these 3 area the distance not like 5-7km away, is just beside.
I will not treat it as Rimbayu, Tropicana Aman, Eco Sanctuary. I will treat it as Canal City.

This post has been edited by eastken: Oct 2 2014, 02:59 PM

Tropicana= Future Price King

Hahaha, Actually does not matter. This will having win win situation.
Those tropicana fans and love this developer they will still go and buy, rich people will not so rasa of price as long as they love.
Then this will help rimbayu pricing also, and still can afford by middle range of income household

^ same feeling im having actually , couldn't agree more. not sure its a good or bad thing to have

I very surprise tropicana dare to sell Metro Park at Batu tiga shah alam, with 800k++ for 900sq++. very daring =.=

Tropicana oso dare sales in Kajang with 2020 price

As long as there are buyer willing to buy. Why not?

unsure...now new MB

Hahaha. ok one. will be the next hotspot of selangor.
Office tower, Cinema, Complex, Food Heaven, the big gardening park and lake will be there.
Next 5 years, very happening for those big carnival. make you hard to decide want to go Eco World, Tropicana or IJM event? hahaha.

hopefully there is new launch start below 500k

Any launch info?

Not yet. Min 1.2mil

=.= last year begining also sell 570k onwards la =.=

Tropicana kajang phase1 is sold out without much struggling in campaigning, is it 2020 pricing?
but Metropark is too ambitious and look at the amount of publicity they need to do to push sales..

for the same amount of $$ to buy a box in the sky in Metropark, can buy a landed house in Tropicana Kajang wor..

1.2Mil

is it confirm? it's too optimistic..

This post has been edited by gulstein86: Oct 14 2014, 09:40 AM

Unless you have a good relationship with the developer..maybe you can get a unit before launch..my friend got chimes below 500k..my friend work at maybank that handle IJM home loan..

Below 500K? Is that consider under table?

Not under the table la..they give the priority to their staff and banker that secure the loan...

below 500k is super cheap man....

Wah. Below RM 500k is approx 15% below RM 570k launching price worr.

IJM treated their staffs and even associate bankers so good one meh?

If got 15% discount....... like durian runtuh. Now easily can sell for 700K..... that mean 40% profit in 2 years. Where to find?

Now Chimes before VP easily can sell RM 700k with conditions?

yep..no wonder my friend like being a mortgage consultant at bank..even the paying salary is quite low.. this more like side income

With phase 4 selling at 780k, after VP in next one or two month time, i believe 700k is easy go

if fencing is on, then it's possible, if fencing is not.. then..

anyway, even if u r developer staff/mortgage, you buy the house with cheaper price, u still take the risk in case there are some problems with the project/unable to sell..

The terrace for this project could reach 850k and above, but when it's getting nearer to 1 million, then it will be a diff group of buyer now, those group of buyer is not that big in Msia yet..

ppl who start work <3 to 5 years, getting marry, wan to buy terrace, won't buy this, unless they are from rich family
ppl who want to move away from their current place, will consider this, and buy as second house, to either move, or buy for their kids.. or to invest...

1 million, even household income around 15k also might not be able to afford.

Still... look good to this project, as cyber now selling 1.4 million.. ppl who like cyber/work at cyber, will consider this.. hehe, it's still quite near to cyber..

that consider undertable........

Still no news on their launching for Tropicana Aman?

Was thinking with the bad sales in Tropicana Garden, will Tropicana pull back and delay their launching for Aman?

they should delay this la.. This area is very 'hyped up' imho.. Its like living at the back of Kota kemuning and Saujana Putra but paying true Shah Alam prices..

If anyone has RM1 million for a terrace, glenmarie is a much better bet and will always be better than Canal City.. Some of the bungalows there are worth more than RM20 mill and house some top ceo's/businessman... So if u buy a terrace there can tumpang the glory la..

delay until 2020

Q1 2015

sure?? thinking they will delay again due to market very slow now

避消费税　购屋风狂吹

All the while the dev was indicated tentatively Q1 2015, earliest also Dec 2014 which is unlikely due to shortman power n many on going projects.

But ppl keep asking almost every month, is the project delay or so.

To launch any new phase also need a good timing mah, rite?

I saw that they are putting up new banner inside their Tropicana Aman office.......should not be too long.

Gated and Guarded.... open for registration

agreed with u boss.

Agree with you. They not really because market slow, but they are short man power. But I believe Eco World will fast than tropicana, around mid Q1. and Tropicana might end Q1.

EW nt launch after June 15 ??

Nope, they very agressive and last week staff told is Q1 2015.
Based on their pattern, once setup website for register very fast will launch.
I think they also less project compare tropicana, so they can very focus. Their plan already almost finish i think.
Their office and commercial area just beside phase 2 of Bandar RImbayu.

ES is landed as EM ?? bcos the land very small, I think 300 acre only??