Tropicana Corp to launch Tropicana Miyu in PJ

This article first appeared in City & Country, The Edge Malaysia Weekly, on August 31, 2020 - September 06, 2020.
Lee (right, with Chin) believes the pricing is competitive for the area (Photo by Suhaimi Yusuf/The Edge)

Lee (right, with Chin) believes the pricing is competitive for the area (Photo by Suhaimi Yusuf/The Edge)

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Tropicana Corp Bhd is looking to launch Tropicana Miyu — a freehold condominium project on Jalan Harapan, Petaling Jaya — next month.

A project by Tropicana Temokin Sdn Bhd — a 51:49 joint venture between Tropicana Corp and Temokin Holdings Sdn Bhd — Tropicana Miyu will offer 271 condominium units in a 41-storey block. According to Adrian Chin, Tropicana Corp’s executive director, the development has a gross development value of RM280 million.

“The land area is 2.82 acres. We have had previews for staff, business associates and loyal customers, and the response has been very encouraging. We have also received a lot of registrations online. During the MCO (Movement Control Order) period, we saw strong interest and [therefore] we have full confidence when this boutique project is launched,” he says.

The units at Tropicana Miyu will have built-ups of 851 to 2,183 sq ft and 2-bedroom, 2-bathroom to 4-bedroom, 3-bathroom layouts. The units are semi-furnished and will come with kitchen cabinets with a hood and hob, air conditioners in all bedrooms and the living room as well as a digital lock.

The condominium block is positioned in a north-south direction, and all bedrooms will have an external view. Of the 271 units, 28 are dual-key units and two are penthouses. Each unit will come with two parking bays. On average, there will be eight typical units per floor.

The facilities include vehicle charging stations, an infinity pool, a shallow pool, pool deck, floating gymnasium, reflexology path, children’s playground, cabana as well as barbecue area. The indicative maintenance fee is 33 sen psf, including sinking fund, per month.

The project is currently at the piling stage, and is scheduled for completion by mid-2024.

The units will be priced from RM780,000 to RM1.5 million, or an average of RM910 psf. Managing director for marketing and sales Joanne Lee believes the pricing is competitive for the area.

She is confident the project will be sold out soon due to its location in PJ as well as its concept — a modern setting in a mature neighbourhood, where residents can enjoy modern conveniences and old-time favourites. So far, Tropicana Corp has received more than 2,000 high-purchase-intention registrations for Tropicana Miyu.

As all units have a balcony and a yard, Lee says, the offering is just right for buyers’ requirements in the new normal as they spend more time at home.

“Tropicana Miyu means a place for ‘me’ and ‘you’, with the concept of its being a perfect home for individuals and their loved ones. With its location within a mature area of PJ, the older generation can enjoy the conveniences of available amenities while the younger generation can enjoy a comfortable and modern lifestyle,” she says.

“What we are selling here is the prime location — the site is next to the Sprint Highway. The layout is functional and we are targeting a mix of owner-occupiers and investors, but more of families, young executives and parents buying for their children.”