Capital World advances Johor mall plans as Mustafa Centre fit-out begins

Johor Bahru mall gains major tenant as Capital World pushes retail buildout near JS-SEZ corridor.

Capital World Limited began fit-out and renovation works for Mustafa Centre’s first outlet in Johor Bahru at Capital City Mall, with the opening targeted before the first quarter of 2027.

In a press release, the company said the Mustafa Centre, operated by MK Mustafa, spans approximately 240,000 square feet (sq ft) on the ground floor of Capital City Mall, which has a total net lettable area of about 1 million sq ft. The site is approximately 15 minutes’ drive from the Johor Bahru CIQ complex and the causeway link to Singapore.

Capital City Mall is part of Capital World’s Project Capital City, an integrated mixed-use development located along Jalan Tampoi in Johor Bahru.

The development is located within the Johor-Singapore Special Economic Zone (JS-SEZ), a bilateral economic corridor established in January 2025 to support cross-border connectivity, investment, and movement of people and goods between Malaysia and Singapore.

Capital World said the Johor Bahru–Singapore Rapid Transit System (RTS) link, expected to start operations by end-2026, is expected to improve cross-border accessibility to the development.

Capital City Mall is positioned as one of the largest retail destinations in greater Johor Bahru, which serves a catchment of about 2 million residents and cross-border visitors from Singapore.

Capital World said it is curating a tenant mix across food and beverage, fashion, lifestyle, entertainment, and essential services with additional tenant announcements will be made in the coming months.

Capital World said further updates on the mall’s opening date, tenant announcements, and pre-opening activities will be provided in due course.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia