Tropicana Corporation Berhad Annual Report 2024

EXPANDING OUR FOOTHOLD Tropicana will continue to gain traction in the market with these ongoing and new developments worth an estimated GDV of RM8.5 billion: 1. Varia Shop Oûces, Tropicana Aman @ Kota Kemuning 2. Avisa Terrace Homes, Tropicana Alam @ Puncak Alam 3. Breeze Hill Shoppes & Serviced Apartments, Tropicana Avalon @ Tropicana WindCity, Genting Highlands 4. Serviced Suites & Bungalow Lots, Tropicana Paradise @ Tropicana WindCity, Genting Highlands 5. Clarissa Serviced Suites & Beachwalk Shoppes, Tropicana Cenang @ Langkawi 6. Skypark Kepler Branded Residences, Lido Waterfront Boulevard @ Johor 7. Fraser Heights Terrace Homes, Tropicana Uplands @ Johor 8. Bora Serviced Apartments, Tropicana Danga Bay @ Johor Looking forward, Tropicana will be completing these 2 projects and ready for the delivery of Vacant Possession in FY2025: 1. Hana Residences, Tropicana Aman @ Kota Kemuning 2. Edelweiss Serviced Residences, SOFO & Shoppes, Tropicana Gardens @ Tropicana Indah Tropicana9s extensive landbank spans 1,336.1 acres, with a total potential Gross Development Value (<GDV=) of approximately RM168.4 billion. This strong land portfolio strategically positions the Group to unlock signiûcant value, drive growth and deliver sustainable performance in the next few years. 59 MANAGEMENT DISCUSSION & ANALYSIS

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