Southern Success
Tropicana Corporation Berhad is making waves in Johor, and the momentum doesn’t seem to be slowing down anytime soon. With land deals worth millions and ambitious township projects in the pipeline, Tropicana is cementing its position as a key player in Johor’s explosive growth.
Tropicana’s Big Land Deals in Johor
2024 has already seen Tropicana score two major land deals in Gelang Patah, Johor Bahru. First up, Tropicana Firstwide Sdn Bhd inked a deal with Japan’s NTT Data Group, a global leader in IT services, selling 68.457 acres of prime freehold land for RM383 million. NTT Data is poised to develop a state-of-the-art data centre on this land, supporting Johor’s burgeoning role as Southeast Asia’s next data centre hub. The deal highlights Tropicana’s knack for seizing the right opportunities, especially as the digital economy rapidly expands.
Not long after, Tropicana Firstwide struck another deal, this time with Computility Technology Malaysia Sdn Bhd (CTMSB), selling 38.527 acres of freehold land for RM240 million. This land will become home to another regional data centre, further bolstering Johor’s digital infrastructure.
These strategic deals reflect Tropicana’s commitment to supporting Malaysia’s vision of becoming a global data centre destination. With over 728 acres of premium land in Johor, Tropicana is perfectly positioned to attract more high-profile partners and continue contributing to the state’s rapid digital transformation.
Expanding Horizons with New Townships
Tropicana is also investing in the future of Johor through two massive township projects: Lido Waterfront Boulevard and Tropicana Uplands, with a combined projected Gross Development Value (GDV) of over RM35 billion.
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Tropicana SPA signing with Computility Technology Malaysia Sdn Bhd (CTMSB), selling 38.527 acres of land for RM240 million
Lido Waterfront Boulevard
Located on 163 acres of reclaimed land along the Johor-Singapore border, Lido Waterfront Boulevard promises to be a game-changer. This master development will seamlessly blend green, smart, and sustainable living. The township will feature sectors like healthcare, medical tourism, hospitality, and lifestyle offerings, all designed to reflect the forward-thinking spirit of Johor. The project’s first phase, The Watermark Residence, was recently celebrated with a soft launch. Perfectly located just minutes away from the upcoming Johor Bahru-Singapore Rapid Transit System (RTS), residents will soon be able to zip across the border in just 6 minutes.
Tropicana Uplands
A short 25-minute drive from Johor Bahru lies Tropicana Uplands, a sprawling 314-acre township offering a mix of residential and commercial spaces. With a focus on sustainable, family-oriented living, this development will feature central community parks, educational facilities, and green recreational amenities. The township's first residential precinct, Aster Heights, saw all 193 units snapped up in just five months! The next phase, Fraser Heights, will launch by the end of 2024, adding another 518 stylish homes to this fast-growing community.
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After inking a SPA with Japan’s NTT Data Group, selling 68.457 acres of land for RM383 million
Johor: The Place to Be
It’s no wonder that Tropicana is investing heavily in Johor – the state is on the fast track to becoming Malaysia’s next economic powerhouse. From tourism to technology, Johor is making big strides across the board. In 2023, the state attracted RM63.9 billion in foreign investments and welcomed a staggering 16 million tourists. And with ambitious projects like the Johor-Singapore Special Economic Zone (JS-SEZ) and the New Industrial Master Plan (NIMP) 2030, the future looks even brighter.
Johor’s position as a digital and industrial hub is being supported by investments in infrastructure like the RTS, which is set to significantly ease congestion between Johor Bahru and Singapore by 2026, and the JS-SEZ, which aims to supercharge business synergies between the two countries.
But it’s not just about business – Johor is also a hotspot for culture, shopping, and entertainment. From Legoland and Johor Premium Outlets to rich cultural landmarks like the Royal Abu Bakar Museum, Johor offers something for everyone.
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Tropicana Uplands Aster Heights, saw all 193 units snapped up in just five months
Getting Started
Tropicana has also woven its influence throughout Johor with a series of vibrant townships like the 37-acre Tropicana Danga Bay, 227-acre Tropicana Danga Cove, and the 244-acre Tropicana Uplands over the last 14 years. Now, Tropicana proudly unveils its latest gem in Johor—a billion-ringgit venture that is none other than the 163-acre Lido Waterfront Boulevard. This remarkable freehold, mixed-use township is designed as the ultimate blend of urban connectivity and eco-friendly, smart city living.
To mark the commencement of this mega project, Tropicana held a groundbreaking ceremony for its first branded residence, Skypark Kepler, developed in collaboration with global construction titan China State Construction Engineering Corporation ("CSCEC") and hospitality partner Banyan Tree Group.
Located on prime waterfront property along the border with Singapore, Lido Waterfront Boulevard presents Skypark Kepler, a vision of luxury serviced apartments that redefine convenience and sophistication. The Lido project is not only a high-end residential area but a master development with seven core components, including residential, commercial, wellness, education, hospitality, recreation, and a mix of lifestyle offerings—key sectors promoted by the state of Johor.
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RM34 billion GDV development, Lido Waterfront Boulevard, will seamlessly blend green, smart, and sustainable living
Just a breezy 7 to 10-minute drive from the RTS link, this masterplan doesn’t just aim for luxury but a fully integrated, eco-conscious lifestyle. With a luxurious 2.5 km coastal boardwalk, a 32-acre green park complete with a cultural centre, and green building features like EV charging stations and solar panels, Lido is all about sustainable living. A walkable community with Samsung smart home features, rainwater harvesting, and a 5G infrastructure, Lido leads the way for greener, smarter urban life.
The first phase, Skypark Kepler, brings this vision to life, offering residents luxury within a dynamic space. Set on a 4-acre stretch, the two modern 54-storey towers house 856 fully furnished designer units in flexible layouts, ranging from 667 sq ft to over 2,000 sq ft. Perks include Tropicana T Privilege membership points, golfers’ perks, and the convenience of the T360 app. Plus, owners gain exclusive access to the Banyan Sanctuary Club and Banyan Living, making this an irresistible choice for both investors and developers with a focus on rental potential and expert property management.
Tropicana’s Vision: Partnering for Growth
As Tropicana continues to expand its footprint in Johor, it is also on the lookout for like-minded partners to join the journey. The Group’s strong landbank and track record in project delivery make it an attractive collaborator for data centre operators, property developers, and investors alike. Tropicana’s commitment to building sustainable, dynamic communities aligns with Johor’s ambitions, creating a perfect match for growth and progress.
With land deals, booming townships, and a focus on sustainability, Tropicana is leading the charge as Johor transitions into its next phase of development. If you’re interested in partnering with Tropicana or learning more about their vision, visit Tropicana Corp or get in touch with their business development team at bizdev@tropicanacorp.com.my. The future of Johor is bright, and Tropicana is ready to light the way.
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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): Mr Khoo Thian Shyang, Deputy CEO, Tropicana, Mr Ong Chou Wen, CEO, Tropicana, Tuan Hj. Ahmad Nazir Bin Hj Mohd Nasir, Pegawai Daerah Johor Bahru, Tuan Haji Syed Norul Shahril bin Syed Nasir, Pentadbir Tanah Johor, Luo Ligang, General Manager, China State Engineering, Eighth Division South China Branch, Sun Jianwen, Deputy General Manager, China State Engineering, Eighth Division South China Branch, Xu Xiaobing, General Manager, CSCEM Huanan Branch
15 Nov 2024
