Tropicana achieves higher property sales

The higher revenue in FY20 reflected the completion of the disposals of four parcels of freehold development land in Johor Bahru for RM399.2mil.

PETALING JAYA: Property developer Tropicana Corp Bhd saw a higher property sales of RM1.3bil for the financial year ended Dec 31, 2021 (FY21).

This represents an impressive jump of 62.4% from RM802.4mil recorded in the previous year amidst pent-up demand post-lock down.