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New Straits Times
02-07-2025
- Business
- New Straits Times
Tropicana, MBSB Bank offer attractive financing for Johor's Skypark Kepler
JOHOR BHARU: Tropicana Corp Bhd has teamed up with MBSB Bank to offer an attractive financing package for Skypark Kepler, the first branded residences by Banyan Group, located within the Lido Waterfront Boulevard (Lido) development in Johor. Under the collaboration, eligible buyers can enjoy competitive financing margins from as low as 3.85 per cent and flexible loan tenures of up to 35 years. The exclusive financing solution, coupled with a special preferential rate, is tailored specifically for Skypark Kepler purchasers, said Usman Ghouse, MBSB Bank's group head of consumer banking. "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. "This collaboration reflects MBSB Bank's ongoing commitment to empower aspiring homeowners through smart, flexible financial solutions." Skypark Kepler is the first phase of Lido, strategically situated within the Johor Bahru Waterfront Zone - a premium incentive area under the Flagship A Johor-Singapore Special Economic Zone. Starting from RM580,000, Skypark Kepler comprises 1,596 fully furnished designer units ranging from 463 sq ft to 807 sq ft across two elegant 54-storey towers, designed to appeal to young professionals, families and retirees alike. Tropicana managing director for marketing, sales and business development Ixora Ang shared that partially furnished units in Tower A are priced at about RM1,300 per sq ft, while the fully furnished residences in Tower B, featuring premium fittings and furnishings from brands like Samsung and Kohler, are priced at about RM1,800 per sq ft. "We conceptualised the Lido master plan years ago, envisioning it as Johor's future metropolis and our crown jewel in the Southern region. Lido will be a landmark township integrating seven key components, exceptional connectivity, and sustainable smart city living," she said. "We hosted soft launches to gauge the market response to this first, branded residences, and have received positive feedback." Tropicana executive director for marketing and sales Jenny Low said around 80 units at Skypark Kepler have been sold to date, with a gross development value of RM100 million - most purchases coming from foreign buyers. Skypark Kepler's official launch was marked by the unveiling of its new show units and an upgraded property gallery at Danga Bay. The freehold development stands out for its many unique features, including international zoning, proximity to the Johor Bahru-Singapore Rapid Transit System, unobstructed waterfront views, a 2.5km coastal boardwalk, a 32-acre green park, and a cultural centre. In November 2024, Tropicana held the official groundbreaking ceremony with main contractor China State Construction Engineering Corporation and signed partnership agreements with Banyan Group, Samsung, and Kohler for the residences' premium finishes and appliances. In May 2025, Tropicana appointed global architecture firm Skidmore, Owings and Merrill to lead the Lidomaster plan transformation. According to Dr. Jeffrey Yee, Tropicana's managing director for the southern region, Skypark Kepler is slated for completion and handover by late 2029 or early 2030.
Malaysian Reserve
18-06-2025
- Business
- Malaysian Reserve
MBSB Bank's 'WorksForMe' makes banking rewarding without the fine print
by TMR MBSB Bank has unveiled 'WorksForMe', a new payroll proposition designed to make saving and building wealth as seamless and rewarding as possible. With this, customers can enjoy the benefits of banking with MBSB Bank without having to meet complicated conditions. Targeted at Malaysia's growing base of salaried employees, freelancers and gig workers, WorksForMe is built for individuals who want a bank that simplifies making sound financial decisions. MBSB Bank's Group Consumer Banking head of liabilities and proposition Soo Bee Teong said as people are becoming more financially knowledgeable, they need tools that align with their lifestyle and financial goals 'With WorksForMe, we have made it easy. You get access to a wide range of rewards, benefits, and flexibility just by crediting your income into your MBSB Bank account. 'No excessive conditions. No complexity. Just good value,' she said in a statement. WorksForMe customers enjoy: • Fee-free ATM withdrawals at all MEPS ATMs nationwide. • Enjoy exclusive benefits when they open a new account with MBSB Bank, from no initial deposit requirements to attractive profit rates. There are more rewards for joint accounts with their children. • Enjoy competitive rates on Personal, Home, and Auto Financing offerings. • Unit Trust investments at only 1.0% sales charge through a trusted fund aggregator, giving customers access to high-quality funds with low barriers. By integrating behavioural insights, WorksForMe supports financially literate customers in overcoming the common trap of present bias. It brings them toward smarter, long-term decisions while giving them control and flexibility. MBSB Bank group chief consumer banking officer Usman Ghouse said the bank believes in making savings and wealth-building frictionless. 'WorksForMe is how we honour that promise by ensuring that every Ringgit you save, spend, or invest with MBSB Bank adds up to a stronger financial future,' he said. WorksForMe is now available at all MBSB Bank branches nationwide.
