CapitaLand Investment Limited (CLI), one of the region’s leading real asset managers with a portfolio of over 70 malls across Singapore, Malaysia, and China, has been appointed by Coronade Properties Sdn Bhd to help shape the retail vision for Coronation Square Mall, set to become the largest retail landmark in Johor Bahru City Centre.
Part of the iconic Coronation Square integrated development, the mall sits at the heart of the Ibrahim International Business District (IIBD) within the Johor–Singapore Special Economic Zone (JS-SEZ). Strategically positioned for cross-border connectivity, it will offer direct access to the upcoming Rapid Transit System (RTS) link, providing seamless travel between Singapore and Johor Bahru and making it a prime destination for both locals and international visitors.
This partnership follows the recent appointment of The Ascott Limited, CLI’s wholly owned lodging business unit, to manage Ascott Coronation Square Johor Bahru, the development’s hotel component. With CLI now involved in both retail and hospitality, Coronation Square stands to benefit from the company’s extensive ecosystem, from strong tenant and shopper networks to deep hospitality expertise and a global customer base.
