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TROPICANA UNVEILS THE FIRST BRANDED RESIDENCES IN JOHOR, SUPPORTED BY HOME FINANCING IN PARTNERSHIP WITH MBSB BANK • Skypark Kepler, the first branded residences by Banyan
TROPICANA APPOINTS SKIDMORE, OWINGS & MERRILL TO LEAD LIDO WATERFRONT BOULEVARD TRANSFORMATION IN JOHOR Property developer Tropicana Corporation Berhad (“Tropicana” or “Group”) announces the appointment of
What is the latest happening with regards to JS-SEZ? Is it still going strongly? Okay, let’s be direct. There are certainly no ground breaking for any JS-SEZ based new manufacturing plants yet. There are also no job creations due to JS-SEZ yet.
Tropicana signed its first residential project with Banyan Group to build Skypark Kepler, the first and most luxurious branded residences at the 163-acre Lido Waterfront Boulevard township in Johor.
Skypark Kepler will offer global benefits by the Banyan Group including the Banyan Living rental programme and the Banyan Sanctuary Club programme.
To add more value, Tropicana also signed a brand partnership with Samsung and Kohler to offer luxury home fittings, appliances and sanitary wares in Skypark Kepler.
The 313-acre Tropicana Uplands is one of Tropicana Corporation Berhad’s (“Tropicana”) signature townships in Johor.
• Tropicana unveils its first luxurious and branded residence, the Skypark Kepler by Banyan Group in the RM80 billion-ringgit township, 163-acre Lido Waterfront Boulevard.
Lido Waterfront Boulevard, Tropicana’s latest crown jewel in Johor hosted a groundbreaking ceremony with its main contractor, China Construction Second Engineering Corp to mark the start of the construction for its first phase branded residence with Banyan Group, the Skypark Kepler.
This trend was one-off and total residential property transactions has breached 120,000 units for H1 2024. Perhaps this is also showing the confidence of the people with a rising ringgit, a lot more positive news about data centers, new FDIs etc. Plus the fact that Bursa Malaysia has also been doing pretty well due to the participation of foreign funds too. If we compare H1 2024 to H1 2022 instead, the increase is lower than 6.1 percent (versus H1 2023) but is still a positive 4.98 percent.
Tropicana inked another data centre land deal in Johor Bahru soon after its recent RM383 million land deal with NTT Data Group on 26 August 2024.
Lots of news already have this because it’s a significant news for Johor and of course for investors from across the straits. I do think we need to have continuous news so that everyone can see there’s progress and then we will see a sudden influx. Else, it will slowly trickle in and this may not be the best case scenario. Do refer to the summary as below and a lot of other media articles right after this too.
Tropicana Seals RM383 Million Land Deal With NTT Data Group To Build Data Centre In Johor ● Tropicana Firstwide entered into RM383 million Sale and