Thomson Medical Group launches $5.49b Johor Bay mega development

Project features residences, hotel, retail, and lifestyle spaces.

Thomson Medical Group has announced the launch of Johor Bay, a 26-acre integrated mega development in the Johor-Singapore Special Economic Zone (JS-SEZ), with a projected gross development value of over $5.49b (MYR18b).

At the heart of the development is Thomson Hospital Iskandariah, a multi-disciplinary hospital with an initial 500-bed capacity, expandable to over 1,000 beds.

The 26-acre freehold Johor Bay development is strategically planned to integrate residential, healthcare, and lifestyle components.

Over nine acres are dedicated to high-end residences, alongside a two-acre site for a five-star hotel, serviced residences, commercial spaces, and lifestyle amenities catering to regional tourists and medical travellers.

The healthcare cluster, also spanning nine acres, is anchored by Thomson Hospital Iskandariah and includes specialist medical suites, aged care and assisted living, post-natal care, step-down facilities, and a Grade-A life sciences office tower.

Moreover, the hospital will start with 500 beds, expandable to over 1,000 to meet growing demand from the ageing population, chronic illnesses, and medical tourism.

Lifestyle and public spaces feature The Boulevard, a pedestrian avenue; The Canyon, a green corridor; and a marina promenade designed to activate the waterfront year-round.

Phase One, valued at $0.95b (MYR3.1b), will launch the hospital and a 47-storey luxury residential tower with 180 units featuring sky gardens, wellness amenities, and panoramic sea views.

The phase is expected to create over 1,200 jobs, supporting the JS-SEZ’s goal of 20,000 skilled jobs over five years.