Tropicana Redefines The Art Of Living With Maybank Islamic And IKEA Partnership

Apr 23, 2024

Today, Tropicana celebrates twice with a dual partnership. Tropicana and Maybank Islamic teamed together for Maybank Islamic’s HouzKEY to provide hassle-free home financing solutions for new home buyers. Tropicana Metropark also joined forces with IKEA offering existing SouthPlace 1 and Maybank Islamic HouzKEY homeowners with customised furnishing packages and exclusive discounts.

From L-R (Jonathan Tan, Head, Maybank Ventures, Khoo Thian Shyang, Tropicana Corp Bhd Deputy CEO, Datuk Muzaffar Hisham. Group Chief Executive Officer, Maybank Group Islamic Banking, Din Tan, Tropicana Corp Bhd Group Managing Director and Ixora Ang, Tropicana Corp Bhd Managing Director of Marketing and Sales at the HouzKEY signing ceremony held in Petaling Jaya on Tuesday.

  •      New property owners will enjoy 100% financing with no downpayment required and zero payment during the construction period. Buyers will also enjoy the lower monthly payment with the best rates as well as exclusive rewards.
  •      Participating projects for the Maybank Islamic HouzKEY program are Tropicana Metropark – SouthPlace 2 Serviced Residences, Tropicana Alam – Avisa Residences and Tropicana Gardens – Edelweiss Serviced Residences with more to come.

 

Petaling Jaya (23 April 2024) - Tropicana Corporation Berhad (“Tropicana” or “The Group”) celebrates the forging of two partnerships today. Tropicana and Maybank Islamic Berhad have jointly agreed for Maybank Islamic HouzKEY to provide hassle-free home financing solutions for new home buyers. Concurrently, Tropicana Metropark entered into a partnership with IKEA becoming the first developer offering attractive furnishing packages for existing Maybank Islamic HouzKEY and SouthPlace 1 property owners. Tropicana’s partnership with Maybank Islamic HouzKEY’s homeownership plans provide financing solutions to Malaysian buyers to ease the burden of securing a house loan for first home buyers and upgraders. Customers will enjoy 100% financing with no payments during the construction period and will pay lower monthly payments upon completion. There will be no down payment required except for the three (3) months security deposit and customers will receive exclusive rewards. Participating projects for this amazing offer include Tropicana Metropark – SouthPlace 2 Serviced Residences, Tropicana Alam – Avisa Residences and Tropicana Gardens – Edelweiss Serviced Residences, with more collaborations to come.

 “Tropicana is all about developing quality products coupled with innovative financing solutions. With this in mind, we are very pleased with our innovative collaboration with Maybank Islamic HouzKEY as well as with IKEA Malaysia. With this winning partnership and attractive offerings, first-time homebuyers and upgraders who are eager to own a home can now do so without worrying about the high initial cost. This also provides greater flexibility and cash flow efficiency, specially designed to assist those who intend to be homeowners but are unable due to budget constraints,” expressed Ixora Ang, Managing Director of Marketing & Sales and Business Development at Tropicana

 Dato’ Muzaffar Hisham, Chief Executive Officer, Maybank Islamic, shared his thoughts saying,” We are pleased to continue our HouzKEY collaboration with a leading property developer like Tropicana. Since the beginning of our partnership with Tropicana in 2019, both organisations have been steadfast in supporting homeownership in Malaysia. This is very much aligned with the key intent of HouzKEY that is to cater to aspiring homeowners to own their first home without the worry of huge financial commitment upfront.”

 

TROPICANA X IKEA

Tropicana Metropark’s partnership with IKEA and Maybank Islamic’s HouzKEY creates history as Tropicana is now the first developer offering attractive IKEA furnishing packages for Maybank Islamic HouzKEY customers. The furnishing packages by IKEA are available for the existing homebuyers of Tropicana Metropark SouthPlace 1 Serviced Residences as they will soon be handed over their new home keys. Maybank Islamic HouzKEY customers of the tranquil location will receive exclusive IKEA furnishing packages with the advantage of a special discount of 7% off the standard furnishing package rates. Upon Maybank Islamic HouzKEY verifying the authenticity of their customers, IKEA will then provide all eligible applicants end-to-end customer service handling both pre-sales inquiries as well as post-sales assistance to ensure a seamless experience for the new homeowners. Two very chic and distinct design themes, namely “Popular Modern” and “Scandinavia White”, will be offered to the homeowners to choose between at an estimated cost of around RM21,000 to RM29,000. There will also be an allowance to mix and match the designs according to the specific preferences of the new property buyers e.g. the Master bedroom, living area and yard space can be mixed between the two design themes.

 “Through this opportunity of partnering with Tropicana, we are confident that this partnership will enable us to reach a wider audience across Malaysia, offering home furnishings at an affordable price without compromising on quality. Together, we aspire to create a better everyday life by making home furnishing more accessible and enjoyable especially when building the home of their dreams,” said Malcolm Pruys, Country Retail Director of IKEA Malaysia.

 To find out more information on these properties, please click here.