PETALING JAYA: Property developer Tropicana Corp Bhd
has tied up with PanaHome Malaysia Sdn Bhd, a housing subsidiary of Panasonic Group, to build 272 semi-detached innovative eco homes at Cheria Residences.
This is the third phase of the residential precinct at the 863-acre Tropicana Aman development in Kota Kemuning, “The Cheria Residences” is expected to be completed in 2019 with a total gross development value of RM358mil.
At the event, which also marked the unveiling of the property development, Tropicana group CEO Datuk Yau Kok Seng said it was important for the group to continuously seek for innovation and technology in such a challenging market condition.
"We believe that PanaHome Corp is the best builder in terms of quality and innovation as they have built about 470,000 homes in Japan over the past 50 years" said Yau.
Cheria Residence double storey semi-detached houses range from 3,200 sq ft to 3,670 sq ft and are priced RM1.35mil to RM1.5mil.
PanaHome will use among others, construction methods using reinforced concrete panel technology, high-end security systems and other fitted electronic equipment for these homes.
The turnkey contract between Tropicana Corp and PanaHome Malaysia is RM168mil.
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