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.