MEASURING OUR PROGRESS At the heart of Tropicana is its 6 key priorities stemming from the Group9s vision to be a leading real estate corporation, which is designed to advance the Malaysian property sector into the next phase of economic transformation. Evolving with the times, Tropicana continues to monitor market conditions while adjusting its campaign strategy and product mix to take advantage of favourable opportunities while mitigating downside risks. Building townships since 1979, Tropicana has broadened its position from a resort-style developer to a sustainable community planner anchored on its 8 development DNAs and 3 ESG pillars. Pioneering resort-style developments in Tropicana Golf & Country Resort and Tropicana Indah Resort Homes and expanding to other hotspots in Klang Valley, Johor, and now Genting Highlands and Langkawi. Over the years, Tropicana has built many townships, mixed-use developments, hotels, educational institutions, and shopping malls. In 2024, Tropicana recorded the following progress: • RM1.4 billion revenue • RM1 billion property sales • RM2.2 billion unbilled sales • 943 units of properties sold across signature developments in Northern, Central, Genting Highlands, Southern and East Malaysia Tropicana remains committed to monitoring key performance metrics, maintaining cost-eûciency measures, and launching new developments that meet customer demand. As an experienced master planner and builder of various developments, Tropicana is agile and able to adapt quickly to changing trends and customer demands. As an experienced master planner and builder of various developments, Tropicana is agile and able to quickly adapt to changing trends and customer demands. MARKET TRACTION & FUTURE GROWTH 100% take-up Edelweiss Serviced Residences & SOFO, Tropicana Gardens @ Tropicana Indah 100% take-up Gemala Residences, Tropicana Aman @ Kota Kemuning 100% take-up Tropicana Miyu @ Petaling Jaya 100% take-up Freesia Residences, Tropicana Aman @ Kota Kemuning 100% take-up Hana Residences, Tropicana Aman @ Kota Kemuning 100% take-up SouthPlace Residences, Tropicana Metropark @ Subang Jaya 100% take-up Aster Heights, Tropicana Uplands @ Gelang Patah 100% take-up Assana Serviced Suites, Tropicana Cenang @ Langkawi 100% take-up Merissa Serviced Suites, Tropicana Cenang @ Langkawi DEVELOPMENTS WITH HIGH TAKE-UP RATES IN FY2024 51 MANAGEMENT DISCUSSION & ANALYSIS
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