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Kangsheng Medical Group Invests S$5.5 Billion to Drive Johor Bay Integrated Development Project
Published Time：
2025-08-23 11:02
Source：
25 August 2025 — Kangsheng Medical Group announced that it will invest in the Johor Bay Mega Project, a large-scale integrated development located in the core area of the Johor–Singapore Economic Zone, with a total investment value of approximately RM18 billion (about S$5.5 billion). The project is expected to inject new momentum into the future growth of Johor Bay.
According to information released by Kangsheng Medical Group, the development covers a land area of approximately 10.5 hectares and is planned as an integrated project combining medical, commercial, and lifestyle components. The blueprint includes a multi-disciplinary hospital, specialized medical services, elderly care facilities, and diverse lifestyle amenities. The Group stated that the project will be complemented by the newly built Johor–Singapore Rapid Transit System, which will further enhance cross-border connectivity and support regional urban development.
The Group highlighted that the Johor Bay project will be developed in multiple phases. The initial phase, with an estimated investment of over RM3.1 billion, will feature a 500-bed hospital, a premium residential tower with around 180 units, and a 47-storey luxury condominium tower. As the project progresses, the hospital’s capacity is expected to expand to 1,000 beds, with the entire development projected to create about 1,200 jobs.
Kangsheng Medical Group noted that this project will further position Johor Bay as a new hub for regional healthcare and lifestyle services, contributing to both economic growth and social benefits. Lin Weijie, Deputy Chairman of Kangsheng Medical Group, said: “We are confident in the long-term prospects of the Johor Bay project. Its strategic location, excellent connectivity, and strong economic fundamentals provide a solid foundation for sustainable development. We look forward to working with various partners to establish Johor Bay as a modern healthcare and lifestyle community with international influence.”
The Johor–Singapore Economic Zone was officially launched in July 2025 as one of the flagship initiatives between the two countries, aimed at deepening bilateral cooperation in trade, infrastructure, and industry through cross-border integration. Kangsheng Medical Group’s investment is also seen as a positive response to the zone’s growth potential.
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