Demand for properties in Tropicana’s prime locations will remain resilient. Several key areas across Malaysia are expected to gain further traction, particularly the Klang Valley, Penang, Iskandar Malaysia, Kota Kinabalu, and Kuching, alongside emerging hotspots such as Seremban, Nilai, Ipoh, and Kuantan. Well-priced and well-managed residential properties, whether landed or high-rise, are also expected to remain in steady demand. In addition, several housing-related incentives were introduced under Budget 2026, which was tabled in October 2025, with a focus on easing homeownership for first-time buyers, encouraging the adaptive reuse of commercial buildings, and promoting inclusivity across communities. Key measures include a full stamp duty exemption for first-time homebuyers purchasing residential properties priced at RM500,000 or below. This exemption, originally set to expire earlier, has been extended until 31 December 2027, providing the property market with an added boost and giving buyers a longer window to plan and secure financing without the burden of transfer and loan stamp duties. Furthermore, employment growth, rising wages, and income-related policy measures are expected to remain supportive of household spending. On 22 January 2026, Bank Negara Malaysia also announced that the Overnight Policy Rate (“OPR”) would be maintained at 2.75%, noting that economic growth in 2025 was at the upper end of the forecast range. This stable monetary environment is expected to further support domestic demand and investment activities. Against this backdrop, the Group believes that demand for properties in prime locations within Tropicana’s established and developing townships will remain resilient, supported by attractive pricing strategies and targeted marketing campaigns. The Group also anticipates stronger sales performance for its developments in Johor, driven by catalysts such as the Johor-Singapore Special Economic Zone and the Johor Bahru–Singapore RTS Link. Moving forward, Tropicana will continue to launch developments in strategic locations across the Klang Valley, Genting Highlands, and the Northern and Southern regions, while leveraging strategic sales initiatives and integrated marketing campaigns to strengthen property take-up rates and drive sustainable earnings growth. 43
RkJQdWJsaXNoZXIy NDgzMzc=