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Tropicana Jan-Feb 2018 #116 A Start from the Heart

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PROPERTY NEWS | NEWS<br />

TROPICANA CORPORATION<br />

ACHIEVES TOP RANKING<br />

The Edge Malaysia Top Property<br />

Developers Awards honours ten of<br />

Malaysia's best property leaders<br />

each year; <strong>Tropicana</strong> is proud to be<br />

selected once again for 2017.<br />

TM | JANUARY/FEBRUARY <strong>2018</strong><br />

<strong>Tropicana</strong> Corporation was ranked<br />

10th Top Property Developer in<br />

Malaysia at The Edge Malaysia<br />

Property Excellence Awards<br />

2017. The award was presented<br />

at a gala dinner at <strong>the</strong> Grand Hyatt Kuala<br />

Lumpur, with more than 450 real estate players<br />

and experts in attendance.<br />

In his speech, The Edge Media Group<br />

publisher and group CEO Ho Kay Tat noted<br />

that <strong>the</strong> objective of The Edge Property<br />

Excellence Awards (TEPEA) is to recognise<br />

and celebrate excellence in <strong>the</strong> real estate<br />

industry, starting with <strong>the</strong> ranking of <strong>the</strong><br />

country’s top property companies which<br />

have shown consistent financial strength and<br />

delivered quality products to <strong>the</strong>ir customers<br />

to be used as home or investment assets.<br />

“We wanted to set a benchmark to<br />

50<br />

guide homebuyers and investors, and in<br />

<strong>the</strong> process, we believe it has also become a<br />

benchmark for property companies too. The<br />

end result has led to <strong>the</strong> overall improvement<br />

of <strong>the</strong> industry,” he said.<br />

The Edge Malaysia Top Property<br />

Developers Awards, <strong>the</strong> anchor of TEPEA,<br />

recognises Malaysia’s best property players<br />

based on <strong>the</strong>ir quantitative and qualitative<br />

attributes. The ranking is based on <strong>the</strong><br />

conviction that <strong>the</strong> quantitative attributes of<br />

a developer alone are not sufficient to earn<br />

<strong>the</strong> title of an outstanding player. In short,<br />

a developer is not judged solely on how<br />

profitable it is, or <strong>the</strong> number of homes it<br />

builds and sells each year. This is imperative<br />

because Malaysian property buyers are<br />

becoming more discerning and demanding<br />

in terms of quality and innovation.

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