Tropicana Begins Construction On Lido Waterfront Boulevard In Johor

Tropicana Begins Construction On Lido Waterfront Boulevard In Johor With A Groundbreaking Ceremony For Its First Phase Branded Residence With Banyan Group, The Skypark Kepler

• 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. 

• The introduction of this luxurious Skypark Kepler comes as the Johor real estate market is booming,  fuelled by an increasing demand from Malaysians working in Johor and investors alike. • Strategically located on 163 acres of freehold land, Lido is poised to be the future of modern living,  offering the best of both worlds – excellent connectivity and sustainable smart city living. 

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 http://www.tropicanacorp.com.my or reach out to our business development team  at bizdev@tropicanacorp.com.my for more collaboration opportunities. 

Tropicana begins construction of Lido Waterfront Boulevard in Johor with a  groundbreaking ceremony for its first phase of branded residence with Banyan Group, the  Skypark Kepler 

(standing from left to right) 

1. Mr Khoo Thian Shyang, Deputy CEO, Tropicana  

2. Mr Ong Chou Wen, CEO, Tropicana 

3. Tuan Hj. Ahmad Nazir Bin Hj Mohd Nasir, Pegawai Daerah Johor Bahru  4. Tuan Haji Syed Norul Shahril bin Syed Nasir, Pentadbir Tanah Johor 

5. Luo Ligang, General Manager, China State Engineering, Eighth Division South China Branch  6. Sun Jianwen, Deputy General Manager, China State Engineering, Eighth Division South  China Branch 

7. Xu Xiaobing, General Manager, CSCEM Huanan Branch

The vibrant groundbreaking event was held at the Lido actual site in Johor 

Tropicana introduces the branded residence with Banyan Group, the Skypark Kepler at Lido  Waterfront Boulevard that is strategically located near the RTS link

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