Tropicana Begins Construction on Lido Waterfront Boulevard in Johor
Johor Bahru – Since 2010, Tropicana Corporation Berhad (“Tropicana” or “Group”) has established a significant foothold in Johor through many townships such as the 37-acre Tropicana Danga Bay, 227-acre Tropicana Danga Cove and 244-acre Tropicana Uplands. Today, Tropicana unveils its latest crown jewel in Johor – the billion-ringgit township, 163-acre Lido Waterfront Boulevard. This freehold mixed development is poised to be the future of modern living, offering the best of both worlds – excellent connectivity and sustainable smart city living. To mark the start of this mega development, Tropicana hosted an official groundbreaking ceremony with its main contractor, China Construction Second Engineering Corp (“CSCEC”) for its first phase branded residence with Banyan Group, the Skypark Kepler. CSCEC is a global leader in construction and development with operations in over 100 countries, bringing a wealth of experience in large-scale construction projects.
Strategically located on a premium reclaimed land along the waterfront bordering Singapore, Lido Waterfront Boulevard (“LIDO”) is pleased to present its first residential partnership with Banyan Group to build the stylish Skypark Kepler, a visionary branded luxury serviced apartments that add maximum convenience and style to smart city living set within a tropical environment. LIDO, the billion-ringgit master development is home to 7 key components such as residential, commercial, wellness, education, hospitality, recreational and other lifestyle offerings, which are among the sectors being promoted by Johor. Of the many unique selling points of LIDO are its freehold international zoning, fully-furnished flexi unit layouts with an unobstructed waterfront view, 2.5km waterfront boardwalk, Samsung smart home features, green-certified building, and multi-tiered security.
Its first phase branded residence, the Skypark Kepler is a premium serviced apartment which will be jointly developed with Banyan Group, an independent global hospitality company with purpose. Driven by a mission of stewardship and responsible tourism, the Group brings its pioneering spirit and commitment to design-led experiences to 22 countries with its 12 global brands. In 2024, Banyan Tree, the Group’s flagship brand, celebrates 30 years of providing sanctuary to global travelers in awe-inspiring destinations worldwide, from Phuket in Thailand and AlUla in Saudi Arabia to Mayakoba in Mexico and Lijiang in China.
Speaking at the ceremony, Ong Chou Wen, Chief Executive Officer of Tropicana expressed his joy in celebrating these two milestones, “Johor is experiencing a phase of accelerated growth and Tropicana aims to tap into this huge potential and transform Lido Waterfront Boulevard into a dynamic metropolis of the Southern region. LIDO is one of our most luxurious projects in Johor and this impressive masterplan will be the new pulse of Johor City Centre with its close proximity, about 7-10-minute drive, to the RTS link. Aligned with our ESG commitment, this masterplan will offer recreational and lifestyle offerings such as the 2.5 km coastal boardwalk, a 32-acre green park that includes a cultural centre, green building features such as EV charging stations & solar panels, Samsung smart home features, a walkable community lowering carbon footprint, rainwater harvesting systems, 5G infra and much more. The Skypark Kepler is located on a 4-acre land, providing residents with fully furnished designer units, a wide range of flexible layouts and they will enjoy incentives such as Tropicana T Privilege membership points, golfers’ perks, T360 app rewards and services at your fingertips.
Purchasers will also get exclusive access to the Banyan Sanctuary Club & Banyan Living, which is an icing on the cake for investors and developers to pick Banyan branded products for its good property rental and management services upon project completion. The two modern towers of the 54-storey Skypark Kepler are home to 856 units ranging from 667 sq ft to over 2,000 sq ft and will soon be unveiled as part of the first phase.”
“We are proud to partner with global corporations such as CSCEC and Banyan Group. Together with their expertise and support, it will elevate our ambitious growth in Johor.” Ong added. Over the past few months, the property developer has announced many positive news, from its successful Johor land sale of RM383 million to NTT Data Group and RM240 million land deal with Z Data Group to its recent topping off and 100% take-up announcement on Edelweiss Serviced Residences, SOFO and Shoppes at the Klang Valley region. Tropicana continues to welcome more like-minded partners to contribute to the significant growth across Malaysia. The Property Group has over 728 acres of premium landbank in Johor and will continue to build sustainable townships as well as look for strategic partners to jointly develop the land parcels. With its high unbilled sales of RM2.3 billion, Tropicana will continue to strengthen its market presence and improve its earnings.
To discover the world of Tropicana, visit www.tropicanacorp.com.my or reach out to our business development team at bizdev@tropicanacorp.com.my for more collaboration opportunities.