Candida tropicalis has recently emerged as a valuable yeast species with respect to lipid metabolism, not only for its oleaginous characteristics but also for its ability to utilize diverse range of substrates. Hence, it can be explored as an ideal host for lipid metabolic engineering, although inadequate genetic transformation system for developing the stable transformant has limited this scope. To resolve this existing constraint, we have come up with a novel strategy of a genomic integrating system in the oleaginous strain SY005 of C. tropicalis. Employing this system, comprising of host-specific regulatable promoter, transcription terminator, and integration locus, we have first examined the expression of a reporter gene, and then ectopically expressed a transcription factor CtRAP1 encoding the repressor activator protein 1 of C. tropicalis SY005. A maximum lipid content of 0.37 g/g dry cell weight was achieved in the engineered strain upon galactose induction, leading to 60% (w/w) increase relative to the wild type strain SY005. This work demonstrates the use of a markerless integrative transformation system to promote lipid accumulation in the diploid yeast without applying nutrient stress and hampering cell growth. The findings of this study will augment the research on lipid metabolic engineering and exploit the enormous potential of C. tropical is as an industrial lipid feedstock.