Bursa-listed Tropicana Corporation Berhad has topped off Tropicana Metropark’s SouthPlace 2 Shoppes & Residences in Subang Jaya, signifying the completion of the development’s structural framework.
SouthPlace 2 is targeted for completion by March 2027. Spanning 88 acres, the integrated township has recorded an 80% take-up rate across its mix of residential, commercial, educational and recreational components.
Tropicana Metropark SouthPlace Residences is a freehold address located within Subang Jaya, anchored by the 9.2-acre Urban Park and SouthPlace Shoppes, located right below the residences.
SouthPlace 2 Shoppes & Residences was launched in May 2023. Sitting on 4.4 acres with a gross development value (GDV) of RM520 million ($167.61 million), the residential component features 553 units in a single tower of 30 storeys. The tower sits atop the parking podium, and two storeys of retail shops are located under the parking podium.
Retail tenants in the Shoppes include Mercato, Healthlane Family Pharmacy, Anytime Fitness, MyNews, Red Cawan and The General Dining, with Sri KDU International School located just 1km away.
See also: Tropicana’s SouthPlace 2 Shoppes & Residences achieve take-up of 45% and 50% respectively
From left: Michael Chong, director of HMSK Architecture; Chong Lek Seng, senior general manager, sales & marketing for Tropicana; Loke Wei Feng, managing director of project for Tropicana; Jeffrey Tan, group managing director for Tropicana; Ixora Ang, managing director, marketing & sales and business development for Tropicana; Paul Lim, managing director of Inta Bina Group Berhad; and Chau Yik Mun, executive director of Inta Bina Group Berhad
The residential component was launched with one- to four-bedroom configurations, ranging from 583 to 1,129 sq ft. The selling price at launch started from RM506,000, or an average of RM850 psf. To further assure its property purchasers, the quality of this development will also be assessed by workmanship certification body Quality Assessment System in Construction (Qlassic).
The Batu Tiga KTM station is 800m away while motorists can access the Federal Highway via the Tropicana Metropark Link, a dedicated link bridge.
Loke Wei Feng, managing director of project for Tropicana, says: “Envisioned as a well-connected and sustainable township, Tropicana Metropark continues to evolve into a vibrant community hub in Subang Jaya. With its well-balanced mix of residential, commercial, educational, and recreational components, and enhanced connectivity via a dedicated link bridge to the Federal Highway, the township has been well-received by the market.”
Loke adds: “Building on the success of SouthPlace 1, which achieved full take-up, the strong response to SouthPlace 2 reflects buyers’ confidence in our developments. We are grateful for the support of our main contractor, Inta Bina; our architect, HMSK Architecture; and the Tropicana team for their dedication to quality delivery.”
Tropicana shares have gained 2.5% year to date to close at RM1.21 on May 5.
Photo: Tropicana
