Property developer Tropicana Corporation Berhad (“Tropicana”) in keeping with its mission to build a sustainable and vibrant community, has entered into a strategic collaboration with PanaHome Malaysia Sdn Bhd (“PanaHome Malaysia”), a local subsidiary of PanaHome Corporation based in Japan, to build 272 semi-detached innovative eco homes at its latest township Tropicana Aman in Malaysia. The unveiling of Cheria Residences, the third phase of the residential precinct at the 863-acre Tropicana Aman, marked the first collaboration between both companies.
Incorporated since 1979, Tropicana is the pioneer of resort-themed developments, with over 42 completed and 16 ongoing developments across Malaysia. Established since 1963, PanaHome has built a total of about 470,000 residences in Japan over the past 50 years. Cheria Residences is a brainchild of both companies, which they say embraces innovative design and concepts that are fitted with Japan intelligent construction technology that aim to improve the quality of lives.
The signing ceremony marked another important milestone for the Group. Speaking at the event Tropicana Group CEO Dato’ Yau Kok Seng said that Tropicana has always been working in sync with the pulse of local communities to enrich lives and improve the ecosystem, “Building innovative intelligent homes with PanaHome is a sign of our commitment to not just creating harmonious partnerships for the benefit of our customers but ultimately, to also create an ideal and vibrant township that is sustainable and holistic in nature. Going forward, Tropicana plans to build more sustainable homes in each of its townships.”
The unveiling of the 272 Cheria Residences semi-detached homes at Tropicana AMAN marked the first strategic collaboration in Malaysia for both companies. Photo: Business Wire
Dato’ Yau added, “Tropicana Aman is set to be an idyllic place where one can slow down, breathe in the fresh air, find the balance in life and live in a walk and bike-friendly environment. PanaHome Malaysia aims to make a difference by creating an “EcoNation” where one can work, live and play in a healthy environment. We share the same vision to create a better community with our future smart homes and thus, this is a very strategic partnership.”
Mr. Haruhiko Kuwano, Managing Director of PanaHome Malaysia, said, “With Tropicana’s vision to redefine the art of living and its commitment to building luxurious, resort-themed developments, I believe together, we can create a more vibrant township in Tropicana Aman. The synergy between Tropicana’s master-planning and PanaHome’s Japanese intelligent construction technology will definitely add more value to Cheria Residences precinct at Tropicana Aman.”
The newly unveiled Cheria Residences is expected to launch in mid-July 2016 and to be completed in 2019. The gated community is seated on 38.5 acres with double story semi-detached large homes (3,200 to 3,670 sq. ft.), large garages, a 4.73-acre central park and linear garden, a 3-km pedestrian and jogging track and a dedicated community hall.
On the innovative and Japanese-quality technologies front, each Cheria Residence is designed to be energy efficient and environmentally friendly. Construction methods utilizing reinforced concrete panel technology ensure high and consistent quality building structure.
PanaHome also offers air ventilation and heat insulation technology that supplies effective flow and circulation of natural cool air while at the same time minimizes the heat transmission from the ceiling. According to the company, the PanaHome’s PURETECH structured embedded ventilation system filters out dust and air pollutants and is able to remove more than 95% of harmful air particles. The thermal heat insulation materials will be incorporated behind the ceiling to help to reduce heat conduction and to keep the living space naturally cool and clean which the company says will reduce energy consumption.
PanaHome will incorporate video intercom and home network systems to deter crime. With the built-in video intercom, residents will be able to see the face of their visitors without needing to open the door. The Panasonic security systems will also be connected to smartphones so that residents can monitor the status of their homes remotely.
About Tropicana Aman
Set next to the growing affluent neighborhood of Kota Kemuning, Tropicana Aman encompasses 863 acres of both residences and commercial buildings. The township also boasts an 85-acre Central Park with a central community clubhouse. Tropicana is also building a 10-acre Tenby International School campus and is expected to have its first intake in September 2018, offering international student-oriented programs for children three years of age and up. Tropicana Aman is conveniently located and has access to six major highways including the up-and-coming West Coast Highway.
About Tropicana Corporation Berhad
Listed on the Main Board of Bursa Malaysia since 1992, Tropicana Corporation Berhad is involved in businesses that include Property & Resort Development, Property Investment, Manufacturing and Investment Holding. For more information about Tropicana, please visit www.tropicanacorp.com.my.
About PanaHome Corporation
Established in 1963, PanaHome Corporation traces its roots back to the passionate vision of Mr. Konosuke Matsushita, founder of Panasonic Corporation, who believed in building quality houses to improve people’s lives. As the housing subsidiary of the Panasonic Group, PanaHome recorded consolidated net sales of 325.6 billion yen for the year ended 31 March 2015. PanaHome has built a total of about 470,000 residences in Japan over the past 50 years. It has expanded its business overseas, to Taiwan in 2010, Malaysia in 2012 and Indonesia in 2016. In 2015, it established PanaHome Asia Pacific Pte Ltd to strengthen its foothold in the housing industry across the Southeast Asia and Oceania region. For more information on PanaHome, please visit the company’s website at www.panahome.jp/english/.
