Tropicana Corp Bhd’s Edelweiss SOFO & Serviced Residences, the fifth and final tower of its Tropicana Gardens development, is already 75% booked.
“Following the success of our first four towers at Tropicana Gardens, we listened to feedback from our customers and integrated it into Edelweiss. It will exude modern, urban vibes and yet will still be able to provide its residents with a quiet place to rest,” said Tropicana Corp marketing and sales managing director Joanne Lee at the official launch event on Sept 19.
The development is targeted at young executives, urbanites, young families and empty nesters.
“We expect the local property market to see a modest recovery in 2020. Property still remains an attractive investment, with a wide range of new properties available and various government stimulus measures introduced.
“In addition to location, it is important that properties have access to well-established neighbourhoods, good facilities and amenities, and have good connectivity as [their value] will appreciate in the long term,” Lee said.
Located on a 2.35-acre (0.95ha) parcel in Tropicana Indah, Petaling Jaya, Edelweiss SOFO & Serviced Residences has a gross development value of RM855 million. The 52-storey tower comprises 630 units of serviced residences with a multi-tiered security system and smart home concept. The units have built-ups ranging from 452 to 858 sq ft and flexible, open layouts. Their indicative price starts at RM438,000.
Edelweiss offers layouts for multigenerational living and dual-key units. According to the developer, its SoFo (small office/flexible office) units are suitable for an array of businesses, including modern offices and short-term rentals.
Facilities include a 50m infinity pool, children’s pool, wading pool, yoga deck, children’s playroom, children’s playground, reading room, gymnasium and BBQ area. A pedestrian bridge connects Edelweiss with Tropicana Gardens Mall, which has tenants such as Village Grocer, MBO Cinemas and various food and beverage outlets. The pedestrian bridge is also connected to the Surian MRT Station, which is one stop away from Mutiara Damansara and two stops from Bandar Utama.
Nearby amenities include educational institutions such as St Joseph’s Institution International School Malaysia and SEGi University; golf courses such as Seri Selangor Golf Club and Tropicana Golf & Country Resort; Thomson Medical Centre, and shopping centres such as 1 Utama, The Curve, Sunway Giza, IKEA and Tropicana Avenue.
In terms of accessibility, the development is connected to four major highways — the Damansara-Puchong Expressway, Sprint Highway, New Klang Valley Expressway and Penchala Link.
The developer is running its Tropicana 10-TEN EX10SION campaign, which offers 0% hassle and 100% flexibility. There are three new features — 100% financing, a 10% discount and a furnishing package.
Lee said potential homebuyers should take advantage of the attractive packages, low interest rates and government initiatives to purchase a property now.