• Skypark Kepler, the first branded residences by Banyan Group in Johor, hosted the official opening of its show units and property gallery.
• Setting this luxurious development apart is that it is part of the LIDO master plan, which features 7 key components, boasting a waterfront view and a strategic location near the RTS link.
• To mark this major milestone, Tropicana partnered with MBSB Bank, offering competitive margin of financing and tenures of up to 35 years for eligible purchasers together with a special preferential rate. This tailored financing solution is exclusively available to Skypark Kepler purchasers.
Johor Bahru (2 July 2025) – Property developer, Tropicana Corporation Berhad (“Tropicana”) continues its momentum for Skypark Kepler, its first branded and most luxurious residences in collaboration with the prestigious Banyan Group at Lido Waterfront Boulevard (“LIDO”), Johor. In November 2024, Tropicana kicked off an official groundbreaking ceremony with its main contractor China State Construction Engineering Corporation (“CSCEC”), followed by a partnership signing with Banyan Group, Samsung and Kohler to develop the stylish residences offering premium fittings and appliances. In May 2025, Tropicana appointed global architecture firm – Skidmore, Owings and Merrill (“SOM”) to lead the LIDO masterplan transformation, which is strategically located within the Johor Bahru Waterfront Zone, a Flagship A JS-SEZ premium incentive zone. Today, marking another major milestone, Tropicana hosted Skypark Kepler’s official opening, showcasing its brand-new show units as well as its upgraded property gallery.
What sets this luxurious freehold development apart is that it is part of the LIDO master plan, which features 7 key components and lifestyle offerings, boasting a waterfront view and a strategic location near the RTS link. These 54-storey towers provide purchasers with a choice between fully-furnished or semi-furnished designer units with branded furnishings and fittings by Samsung, Kohler and other quality brands. Purchasers and investors will be privy to the viewing of the 3 new show units as well as enjoy Tropicana’s UPgrade Campaign, which offers furnishing and financing solutions. To provide a seamless homeownership experience, Tropicana partnered with MBSB Bank, offering competitive margin of financing and tenures of up to 35 years for eligible purchasers, together with a special preferential rate. This tailored financing solution is exclusively available to Skypark Kepler purchasers.
Speaking at the event, Ixora Ang, Managing Director, Marketing & Sales and Business Development of Tropicana shared, “We started the LIDO master plan a few years ago, envisioning it as the future Metropolis of Johor. Positioned as our crown jewel in the Southern region, LIDO will be a landmark township blending 7 key components, excellent connectivity and sustainable, smart city living. Its first development, Skypark Kepler, has celebrated many milestones from its official groundbreaking, partnership signing with global brands, to today’s unveiling of its new show units and property gallery. We hosted soft launches to gauge the market response to this first, branded residences by Banyan Group in Johor, and have received positive feedback. Today, we are pleased to present to you our three new designer show units and the newly upgraded property gallery, which has been given a facelift, for better customer engagement. The decor theme is coastal chic, which blends modern designs and subtle luxury, emphasising a clean aesthetic. Each unit has a practical layout, with no awkward corners that can’t be used, as we focus on form and function with space efficiency. Supported by global partners such as Banyan Group, CSCEC, Samsung, Kohler and SOM, we are confident of our product offering.”
“We are proud to support Tropicana’s Skypark Kepler with a tailored financing package, making premium homeownership more accessible to various buyers alike,” said Usman Ghouse, MBSB Group Chief Consumer Banking Officer. “This collaboration reflects MBSB Bank’s ongoing commitment to empower aspiring homeowners through smart, flexible financial solutions.”
Tropicana’s home financing partnership with MBSB Bank, for Skypark Kepler at LIDO Signing on behalf of Tropicana, Dr Jeffrey Yee (3rd from left), Project MD of Tropicana Southern Region, together with Usman Ghouse (4th from left), MBSB Group Chief Consumer Banking Officer. The signing was witnessed by (from left to right): Jenny Low, Executive Director, M&S of Tropicana; Ixora Ang, MD, M&S of Tropicana; Mohd Badran Bin Saadullah Director, Property Financing of MBSB and David Chan, Head of Business Development & End Financing Property Financing of MBSB
SKYPARK KEPLER, THE FIRST BRANDED RESIDENCES BY BANYAN GROUP IN JOHOR Skypark Kepler aims to curate transformative experiences where residents can enjoy smart-city living within a sustainable LIDO township, where it will be home to 7 key components, such as residential, commercial, wellness, education, hospitality, recreational, and cultural offerings. What sets Skypark Kepler apart is that this freehold development offers many unique selling points such as freehold international zoning, close proximity to the RTS station (less than 5km & approximately 7–10-minute drive), fully-furnished or semi-furnished layouts with an unobstructed waterfront view, 2.5km coastal boardwalk dotted with alfresco dining, 32-acre green park featuring a cultural centre for community gatherings, green-certified building, and multi-tiered security. In addition, each unit will also be fitted out with luxury fittings and appliances such as Samsung home appliances, Kohler fittings and sanitary wares. Priced from RM580,000, Skypark Kepler will feature 1,596 fully furnished designer units from 463 sq ft to 807 sq ft spread across two sleek 54-storey towers that cater to a diverse demographic of young professionals, families and retirees.
Skypark Kepler will be managed by a global Top-4 International Hotel by Banyan Group. Through this partnership, discerning homeowners of Skypark Kepler will enjoy global benefits from the Banyan Group, including the Banyan Living rental programme and the Banyan Sanctuary Club programme, as well as a host of other offerings such as:
a. Tropicana T Privilege golf membership and reward points
b. Golfers’ perks at Tropicana Golf & Country Resort, Petaling Jaya and Tanjung Puteri Golf & Resort, Johor
c. T360 app rewards and services at your fingertips
d. T Journey rental services
e. Free shuttle services will be provided to the JB-SG RTS station
With sustainability at the heart of this development, features such as electric vehicle charging stations, low heat emission window glazing, rainwater harvesting systems and energy and water efficient fittings align with modern environmental standards and reflect Tropicana’s commitment to eco-friendly living. Additionally, 5G infrastructure and smart IoT products enable seamless connectivity and intelligent home automation. To discover the wonders of Skypark Kepler, the first branded residences by Banyan Group in Johor, visit www.lwb.com.my.
GROWTH OPPORTUNITIES IN JOHOR
The Johor property market is experiencing a phase of accelerated growth boosted by its game changing JS-SEZ economic collaboration initiative between Malaysia and Singapore, the upcoming Johor Bahru–Singapore Rapid Transit System (“RTS”) link and MM2H opportunities. The highly anticipated RTS Link, which will be ready by 2026, is an international cross-border rapid transit system that will connect Malaysia’s second largest city, Johor Bahru and Woodlands, Singapore, crossing the Straits of Johor. The RTS Link has two stations, one located at Bukit Chagar in Johor Bahru and another one at Woodlands North in Singapore. Lido Waterfront Boulevard (“LIDO”) is strategically located near the Bukit Chagar station, a mere 7-10-minute drive, making Skypark Kepler at LIDO the ideal investment choice.
The official signing of the JS-SEZ government initiative will serve as a catalyst to boost bilateral economic cooperation, encourage more investment opportunities, create higher job opportunities and unlock many other growth potentials, leveraging on the strengths and synergies between Malaysia and Singapore. The JS-SEZ also provides investors with a host of incentives, including a special corporate tax rate of 5% for up to 15 years as well as lower entertainment duties. This will enhance trade and connectivity across Asia Pacific, encouraging technology transfer and stimulating growth across various industries, making it a highly opportune time to invest in Malaysia.
The MM2H programme has recently experienced an upsurge in interest due to an update to its criteria, with a majority of those who are interested coming from China, as well as an increasing interest from Taiwan. MM2H is a highly beneficial venture as it is a long-term visa initiative that allows foreigners to stay in Malaysia for up to 20 years, depending on the chosen tier. This provides a great opportunity for savvy foreigners to pursue living or plan their retirement in Malaysia. For MM2H applicants who wish to settle down in Johor, they will be rewarded with special incentives and benefits in the Special Economic Zones (“SEZ”) and Special Financial Zones (“SFZ”). Current hotspots for MM2H applicants are Kuala Lumpur, Penang and now Johor due to its rapid growth and increasing opportunities. For more info, please log on to https://www.imi.gov.my/index.php/en/main-services/malaysia-my-second-home-mmh2-en/.