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For decades, aspirational Singaporeans have looked over the Causeway and the Johor Bahru (JB) residential market as a solution to high private property prices and the cost of living in Singapore. But the overall quality of residential projects in JB, and their resale value, has been a drag on buying interest.
But we’re now months away from the completion of the JB-Singapore Rapid Transit System (RTS) in January 2027, and Malaysian property developers hope to capitalise on a renewed interest in JB properties from Singaporeans.
The largest ongoing master plan in JB is Lido Waterfront, a new 163-acre waterfront district by Bursa-listed real estate conglomerate Tropicana Corporation. Singaporeans may recognise the real estate group for their high-end golf resorts.
The new mixed-use waterfront district is a 15-year project which will unfold across four zones, and the first residential project is on the market. Skypark Kepler is a tie-up between Tropicana and Singapore-based Banyan Group, known for their hotels and resorts….
