
Billionaire Peter Lim's RSP to Craft a Lavish $200 Million Palace for Johor Royal Family in Desaru
2025-08-26
Author: Siti
A Grand Commission for a Coastal Masterpiece
In an exciting development for luxury living, the Johor royal family has entrusted RSP, one of Singapore's oldest architectural firms owned by billionaire Peter Lim, to design their stunning private waterfront residence in Desaru, Johor. With a staggering budget of $200 million, this ambitious project is expected to reshape the beachfront landscape over the next four years.
More Than Just a Villa: A Personal Haven
Set to occupy a sprawling 27-hectare estate, the master plan extends beyond a regal villa. The luxurious complex will also include lavish guest houses, a fun-filled children's club, top-notch sports facilities, and an ultra-secure underground complex. Notably, this secure area will boast an underground shooting range and an armory, designed to accommodate up to 100 soldiers dedicated to the security of the Regent of Johor, Tunku Ismail Sultan Ibrahim.
A Legacy of Trust and Family Ties
This collaboration between RSP and the Johor royal family is significantly enriched by the longstanding relationships between both families. Tunku Ismail emphasized the importance of this partnership, stating, "This residence is more than a home; it’s a reflection of family, heritage, and partnership." Kiat Lim, RSP's chairman, echoed this sentiment, expressing deep pride and privilege in working on such a personal and significant project along Malaysia's iconic coastline.
Desaru: A Jewel in the Johor-Singapore Special Economic Zone
Desaru, located on Johor’s stunning south-eastern coast, is part of the Johor-Singapore Special Economic Zone (JS-SEZ) — one of nine designated areas aimed at enhancing education, food security, health, and tourism. The Johor royal family holds extensive land holdings throughout Johor and Singapore, including significant investments in the Iskandar region, which is being transformed into an economic powerhouse.
Strategic Land Exchange and Future Developments
Earlier this year, Tunku Ismail made headlines with a strategic land swap with the Singapore government, trading 13 hectares of family land near the famed Singapore Botanic Gardens for a nearby state plot. This strategic move ensures that any future projects will remain adequately distanced from the UNESCO World Heritage site.
Shared Passions Beyond Architecture
The connection between Tunku Ismail and Kiat Lim goes beyond architecture, as both share a mutual love for football. Tunku Ismail is the president of the Football Association of Malaysia, championing the sport's growth, while Kiat Lim, president of Valencia CF, has been instrumental in promoting sports through various innovative platforms like ZujuGP and CO92 DAO, a groundbreaking venture in fan engagement.
RSP: A Legacy of Architectural Excellence
Founded in 1950 by British architect Raglan Squire, RSP has evolved significantly, from its origins as Raglan Squire and Partners to its current esteemed status. The firm boasts an impressive portfolio of over 2,500 projects globally, including iconic landmarks such as Jewel at Changi Airport and Singapore’s Bird Paradise.
A New Venture on the Horizon
On a related note, Thomson Medical, associated with Peter Lim, has announced an ambitious new project within the JS-SEZ — an integrated 10.5-hectare development projected to exceed RM18 billion ($5.5 billion) in value. This development will include healthcare facilities, luxury residences, and commercial spaces, promising to elevate the standard of living and healthcare in the region.