Tropicana wins five awards including the Top 10 Developer at the StarProperty Awards 2025
Tropicana Corporation Berhad ('Tropicana' or 'Group') won 5 awards at the 10th StarProperty Real Estate Developer Awards 2025 among which, the Group was named one of the Top 10 Developers in the country. This is Tropicana's 9th consecutive win at the prestigious awards since its inception in 2016. The StarProperty Real Estate Developer Awards 2025 also recognised Tropicana with four other awards namely 'The Southern Star Award – Best Southern Malaysia Development (Township) ' for Lido Waterfront Boulevard in Johor, 'The Holiday Home Award – Best Vacation Property Development' for Tropicana Cenang in Langkawi, 'The Family friendly Award – Best Family-Centric Development (Landed)' for Fraser Heights, Tropicana Uplands in Johor and 'The Business Estate Award – Best Commercial Development' for Breeze Hill Shoppes, Tropicana Avalon in Genting Highlands.
Image above: The Tropicana team at the 10th StarProperty Real Estate Developer Awards 2025. From left to right: Katy Huan, Senior Executive of M&S Serena Lim, Senior General Manager of Group Corp Comm & ESG; Loke Wei Feng, Managing Director of Project; Allan Wong, Managing Director of Project; Datuk Mark Rozario, Group CEO of Tropicana; Ong Chou Wen, CEO of Tropicana; Ir Dr Jeffrey Yee, Managing Director of Southern and Ashiran Moorthi, Assistant Manager of M&S
The StarProperty Real Estate Developer Awards 2025 honours developers who have significantly contributed to the growth of Malaysia's real estate industry. From iconic buildings to sustainable developments and integrated townships, these awards recognise the projects that shape our nation's vibrant landscape. With a diverse and impartial panel of judges, the StarProperty Awards 2025 ensures every submission is thoroughly and fairly evaluated.
Speaking at the event, Tropicana's Group CEO Datuk Mark Rozario said, 'Building townships for more than 46 years, Tropicana has broadened its position from a resort-style developer to a sustainable community planner. Participated since 2017, we are thankful to be recognised for a host of awards from The Best Boutique Township to The All-Stars Top 10 Developers. This is our 9th consecutive win at the 10th StarProperty Real Estate Developer Awards 2025 and we are humbled to receive these prestigious accolades. We want to extend our appreciation to our team, our voters and to the Star for bestowing Tropicana with this recognition.'
'These awards are a testament to our long-standing commitments as a sustainable township planner, building properties since 1979, centred around our 8 unique development DNAs. As we continue our mission to Redefine the Art of Living, we remain steadfast to our ESG commitments, connecting communities and forging a sustainable future where our townships offer a live-work-play-learn-grow environment. We aim to provide the best value to our stakeholders, make a difference to the wider community and contribute to a sustainable future for generations to come,' added Datuk Mark.
Tropicana bagged 5 awards at the 10th StarProperty Real Estate Developer Awards 2025. From left to right: Loke Wei Feng with The Business Estate Award for Best Commercial Development, Ong Chou Wen with The Southern Star Award for Best Southern Star Malaysia Development (Township), Datuk Mark Rozario with The All-Stars Award (Top 10 Listed Companies), Allan Wong with The Holiday Home Award for Best Vacation Property Development, and Ir Dr Jeffrey Yee with The Family-friendly Award for Best Family-Centric Development (Landed)
CONNECTING COMMUNITIES, FORGING FUTURES
Established in 1979, Tropicana is a pioneer in resort-style township and has since expanded its portfolio to becoming a sustainable and integrated master builder. Backed by 46 years of expertise, Tropicana continues to Redefine the Art of Living and transforms spaces into thriving communities. From creating 18 townships, completing over 96 developments to engaging with over 30,500 property owners across Malaysia, Tropicana's journey is a testament to innovation and resilience. With RM56 million contributed through the Tropicana Foundation, the Group's impact extends far beyond property development.
Tropicana continues to Redefine the Art of Living with these ongoing and latest developments across Malaysia:
Varia Shop Offices, Tropicana Aman @ Kota Kemuning
Umara 2- & 3-storey Shop Offices, Tropicana Aman @ Kota Kemuning
Hana Residences, Tropicana Aman @ Kota Kemuning
Avisa 1 & 2 2-storey terrace homes, Tropicana Alam @ Puncak Alam
Edelweiss Residences, SOFO & Shoppes, Tropicana Gardens @ Tropicana Indah
SouthPlace 2 Serviced Residences & Retail Shoppes, Tropicana Metropark @ Subang Jaya
Assana Serviced Suites, Tropicana Cenang @ Langkawi
Merissa Serviced Suites, Tropicana Cenang @ Langkawi
Fraser Heights Terrace Homes, Tropicana Uplands @ Johor
Summit Commercial Hub 3- & 4-Storey Shop Offices, Tropicana Uplands @ Johor 11. Paradise Villa, Tropicana Paradise @ Tropicana WindCity, Genting Highlands 12. TwinPines, Tropicana Grandhill @ Tropicana WindCity, Genting Highlands
Tropicana's current landbank stood at 1,336.1 acres, with a total potential Gross Development Value ('GDV') of RM168.4 billion. In addition, the recent appointment of world-class architectural firm Skidmore, Owings & Merrill to lead the transformation of 163-acre Lido Waterfront Boulevard ('LIDO') will add more value, placing LIDO as its most prime piece of land in Johor. This strong land portfolio strategically positions the Group to unlock significant value, drive growth and deliver sustainable performance in the next few years. To discover more about Tropicana, visit www.tropicanacorp.com.my.
This content is provided by Tropicana Corporation Berhad.
The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini.
Interested in having your announcements on Malaysiakini? Contact the announcements team at [email protected] or WhatsApp on +60 17-323 0707 for urgent matters.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
a day ago
- The Star
US stocks end up on jobs data, China hopes
The Dow rose 442.88 points, or 1.05%, to 42,762.62, the S&P 500 gained 61.02 points, or 1.03%, to 6,000.32 and the Nasdaq gained 231.50 points, or 1.20%, to 19,529.95. NEW YORK: US stocks closed higher on Friday after a better-than-expected jobs report calmed worries about the economy, while Tesla bounced, clawing back some losses from a sharp plunge the previous session. The S&P 500 closed above 6,000 for the first time since Feb. 21, fuelled by gains in technology shares. Billed as RM9.73 for the 1st month then RM13.90 thereafters. RM12.33/month RM8.63/month Billed as RM103.60 for the 1st year then RM148 thereafters. Free Trial For new subscribers only
The Star
a day ago
- The Star
U.S. stocks rally after key jobs report
NEW YORK, June 6 (Xinhua) -- U.S. stocks advanced on Friday, as investors reacted positively to the U.S. nonfarm payroll report and growing signs that tensions between U.S. President Donald Trump and Tesla CEO Elon Musk may be cooling. The Dow Jones Industrial Average rose 443.13 points, or 1.05 percent, to 42,762.87. The S&P 500 added 61.06 points, or 1.03 percent, to 6,000.36, surpassing the 6,000 level for the first time since late February. The Nasdaq Composite Index increased 231.50 points, or 1.20 percent, to 19,529.95. All of the 11 primary S&P 500 sectors ended in green, with energy and communication services leading the gainers by rising 1.98 percent and 1.88 percent, respectively. Consumer staples posted the weakest growth, up by 0.18 percent. The U.S. Bureau of Labor Statistics reported that employers added 139,000 jobs in May, exceeding economists' expectations of 125,000. The unemployment rate held steady at 4.2 percent. The numbers reinforced the labor market's resilience, even as ongoing trade uncertainty continues to weigh on economic sentiment. "The nonfarm payrolls report came in better than expected," Anthony Saglimbene, chief market strategist at Ameriprise, said in an interview with CNBC. "It's showing that the labor market is holding up very well in spite of kind of some slowing growth trends." "The key figures in the May jobs report are better than solid, they are strong... For the Fed, this likely means they can stay in wait-and-see mode," said economists with Bank of America Global Research. Markets responded to the jobs report by pricing out a July cut and "we remain comfortable with our view that the Fed won't cut this year," said the economists in a research note. While inflation and tariffs have dominated headlines, some economists warn that declining immigration could pose an even greater drag on growth. Deutsche Bank noted that reduced immigration may have a more damaging long-term impact on the economy than trade policies. "While everyone is focused on the impact of tariffs, the real story for the U.S. economy is the collapse in immigration: down more than 90 percent compared to the run rate of previous years, equivalent to a slowing in labor force growth of more than 2 million people," Deutsche Bank's strategist George Saravelos wrote in a note on Friday. "This represents a far more sustained negative supply shock for the economy than tariffs." Tesla shares rebounded 3.82 percent after Thursday's 14.26 percent plunge, pushing the electric vehicle maker's valuation below the one-trillion-U.S.-dollar mark. The recovery helped ease broader concerns tied to the public dispute between Trump and Musk. Most large-cap tech stocks also moved higher. Alphabet climbed 3 percent, while Apple, Amazon, and Meta Platforms each gained around 2 percent. Nvidia added 1.21 percent, and Microsoft edged up 0.58 percent to 470.38, a fresh all-time high. Broadcom shares, however, dropped 5 percent despite solid quarterly earnings, as the company's outlook failed to meet expectations. In the bond market, the yield on the 10-year U.S. Treasury note climbed to 4.51 percent, up from 4.39 percent the previous day, marking its highest level in two weeks.
Malaysian Reserve
a day ago
- Malaysian Reserve
Jack Henry CFO Mimi Carsley to Participate in Morgan Stanley Conference
MONETT, Mo., June 6, 2025 /PRNewswire/ — Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in the upcoming conference: Mimi Carsley, CFO & Treasurer, will present at the Morgan Stanley US Financials Conference on June 11. The presentation takes place at 1 p.m. ET. A live webcast of the presentation will be accessible on the Morgan Stanley website. A replay will be available on following the live presentation. About Jack Henry & Associates, Inc.®Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For nearly 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at Statements made in this news release that are not historical facts are 'forward-looking statements.' Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading 'Risk Factors.' Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.
