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

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".

Land clearing apparently. Anyone can confirmed???

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.

Talam still got land there if not mistaken.

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

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

Coming soon next month. Exciting project for LANDED props.

Tenby International School at Tropicana Aman picture
http://www.ptlm.com.my/index.php/component...national-school

Lake



https://www.facebook.com/tropicanacorp

This post has been edited by accetera: May 2 2015, 12:06 AM

Bro can i borrow your pic for ptlm posting?

Arahsia is the Phase 1 name?

TROPICANA AMAN | PHASE 1 - ARAHSIA RESIDENCES

Thread title changed.

Why yellow affair? Haha I thought it's BERSIH.

How many units left? Those near HTC?

Phase 2 Bayan reflected in topic title.

Phase 2 senyap only here?

Anyone can share some detailed Phase 2 info?