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Thomson Medical Group has recently announced the launch of its latest project in Johor Bay, which is estimated to have a gross development value of RM18 billion. This integrated development will span over 26 acres of land and will feature a combination of healthcare, luxury residential, hospitality, commercial, and lifestyle elements.
Located within the Johor-Singapore Special Economic Zone, this project is strategically positioned just 1.2km from the upcoming RTS station at Bukit Chagar and is only minutes away from the Causeway and regional ferry terminals. This prime location offers convenient accessibility for residents and visitors alike.
According to Thomson Medical Group, controlled by former Remisier King Peter Lim, this project is considered to be one of the most expansive private healthcare and real estate ventures in Southeast Asia to date. One of the main anchor developments of this project is the Thomson Hospital Iskandariah, which aims to take advantage of Johor’s attractive balance of high standards of living and manageable living costs, as well as the upcoming completion of the RTS and the growing momentum of the JSSEZ.
Executive Vice Chairman of Thomson Medical Group, Kiat Lim, shares his excitement for this project, saying, “The time is right: economic tailwinds, infrastructure momentum, and demographic shifts are converging. We have built a vision for a mega project that will shape the skyline and the future of the JSSEZ bay area for years to come.”
The first phase of the project will include the Thomson Hospital Iskandariah and a 47-storey “ultra-luxury” residential tower. YAB Dato’ Onn Hafiz bin Ghazi, Menteri Besar of Johor, also expressed his support for this project, calling it a timely and strategic development that aligns with the state’s long-term goals.
He adds, “Not only will the Thomson Hospital Iskandariah project help strengthen Johor’s position as a premier healthcare hub in Southeast Asia, but the wider Johor Bay project will also contribute to our overall economic growth agenda under the JS-SEZ.”
This project is another testament to the growing investment and development in the Johor-Singapore Special Economic Zone, as more companies and developers recognize its potential and benefits. This story first appeared on .