Capitaland to shape retail strategy for Johor Bahru’s Coronation Square Mall

The partnership extends CLI’s ecosystem strengths to the flagship JS–SEZ development.

CapitaLand Investment Limited (CLI) has been appointed by Coronade Properties Sdn Bhd to develop the retail vision for Coronation Square Mall, the company said in a press release dated 21 November.

The mall forms part of Coronation Square, an integrated development in the Ibrahim International Business District within the Johor–Singapore Special Economic Zone (JS-SEZ). It will be directly connected to the upcoming Rapid Transit System link between Singapore and Johor Bahru.

The appointment follows Coronade Properties’ earlier decision to engage The Ascott Limited, CLI’s wholly owned lodging unit, to manage the development’s hotel component. According to the release, integrating both retail and hospitality under CLI is expected to create synergies by combining shopper networks, hospitality expertise, and access to CLI’s global customer base.

Coronade Properties CEO Kok Wai Sing said the partnership will give the developer access to CLI’s retail capabilities and regional tenant networks. He added that the Coronation Square Mall is being positioned as Johor Bahru City Centre’s largest one-stop lifestyle destination.

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CapitaLand Investment Limited

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