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Tropicana Corp has sold 9.12 acres of land to MCT Bhd, which is planning over 1,400 units of serviced apartments.

Two plots of land next to Paisley.

This post has been edited by accetera: Jun 28 2024, 11:43 AM

Are the two plots of land FH?

yes FH.

Tropicana is good at disposing land.

they only see profit, not enhancing its masterplan for the project.

Good luck to Metropark buyers. Instead of getting an housing development by Top Grade Developer, now you need to share your backyard with average developer.

does this mean the last development from TC is paisley?

Try to imagine mct building rm450psf and 1500 units condo/service apartment on those lands.

Lulz..
Now MCT comes into the picture...

Anyhow parking

Lolz, at least Tropicana managed to complete the interchange to Federal Highway. I was thinking that it would not be completed at all

is this replacing the residential plots or commercial?? recall half commercial half resi.

they already build many of these types of condos with VR2 being a perfect example. subpar products though. all buyers will be pissed.

existing buyers who bought in 7xxpsf and above will very pissed off....

This post has been edited by bigman: Apr 16 2018, 07:54 AM

Confirmed many buyers would be really pissed off😈

Mct now controlled by ayala , got 2 c wthr d filipino co can improve mct's reputation or nt. Im surprised tropicana sold part of their tmp land, mayb they find it diff 2 sell there wth their targetted roi thts y take easy way out?

MCT buys the last two residential-zoned plots (whole masterplan is commercial title though) next to Paisley.

MCT plans to build on their own and likely will do alterations to meet market needs, ie smaller sizes?

They may buy more in coming years.

Ohh
Thanks for the info...

PARK

this time no longer call master development but still can call mixed development which is mix with others developer

tmp has been dissapointing all the while. apart from the school and highway access, no construction of any commercials.

And Now further increase of resi supply.

what is feeling for the previous buyers when development by MCT just price at 4xx psf onward? sharing same park and access.....

land purchase price of about 360psf. good deal for ready infra, international school, park, access and tropic commitment to work on the commercial side of things.

Checked with the sales agent Tropicana Metropark said it would be more pricey than paisley as it transacted the land at rm 370++ psf. Metroplex and medical centre will be bulid by TMP.