Paragon Globe partners UOB Malaysia to power Johor’s green property, industrial transformation

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MAIN Market-listed property developer Paragon Globe Bhd (formerly Goh Ban Huat Bhd) has today (Nov 7) inked a five-year memorandum of collaboration (MOC) with UOB Malaysia to advance green financing, sustainability integration and cross-border investment linked to the Johor-Singapore Special Economic Zone (JS-SEZ).

Executed during Paragon Globe’s ground-breaking ceremony of Calia Residences in Danga Bay, the MOC expands an earlier agreement signed in June 2024.

It marks a shared commitment by both organisations to promote responsible growth and support Johor’s transition towards a sustainable investment hub

Under the MOC jointly inked by Paragon Globe’s executive chairman Datuk Sri Edwin Tan Pei Seng and UOB Malaysia’s executive director and South Area Centre area manager Goh Boon Siang, UOB Malaysia is appointed as the preferred banking partner for the former’s upcoming residential, commercial and industrial projects.

Both parties will eventually cooperate to structure innovative green-financing mechanisms, facilitate investor connections and embed ESG (environment, social and governance) best practices across Paragon Globe’s development portfolio.

Through this partnership, UOB Malaysia will offer exclusive homebuyer and business banking packages, including preferential financing rates and streamlined approval processes for purchasers and business partners.

The Singaporean multinational bank will also extend green financing solutions for eligible Paragon Globe’s developments as well as provide advisory support on obtaining recognised green project certifications.

Freehold Calia Residences

As part of this collaboration, UOB Malaysia will establish a dedicated presence at Paragon Globe’s Experience Gallery Property Showcase to engage end-buyers and provide financial advisory services related to the group’s residential, commercial and industrial developments.

“Our collaboration with UOB Malaysia is more than a banking partnership but a shared commitment to build sustainable communities that balance progress and responsibility,” commented Paragon Globe’s executive chairman Tan.

“As the group expands, we want each project to contribute meaningfully to Johor’s long-term growth under the JS-SEZ initiative.”

He added: “Our Calia Residences represents this vision perfectly – modern, liveable and sustainable. With a strong response from the market, Tower A has achieved a remarkable 90% take-up rate with Tower B now open for registration.”

Paragon Globe Bhd’s freehold Calia Residences @ Danga Bay

Located in the prime waterfront district of Danga Bay, Calia Residences is a freehold development spanning 3.62 acres with two 36-storey towers comprising 1,274 units ranging from one to three bedrooms, including dual-key layouts.

Strategically situated between Johor Bahru city centre and Iskandar Puteri, the development site is within close proximity to the JB-Singapore RTS Link and Skudai Highway – an ideal address for professionals and families commuting between Malaysia and Singapore.

The project aims to secure GreenRE Gold Certification that features energy-efficient design, EV (electric car) charging facilities, eco-friendly materials and five-star-rated electrical appliances.

The development offers 28 holistic amenities including co-working spaces, floating cabanas, fitness zones, a pickleball court and family-oriented facilities – all thoughtfully crafted to integrate urban comfort with sustainable living.

At 4.44pm, Paragon Globe was unchanged at 63.5 sen with 58,700 shares traded, thus valuing the company at RM474 mil. – Nov 7, 2025

The post Paragon Globe partners UOB Malaysia to power Johor’s green property, industrial transformation first appeared on Focus Malaysia.

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