CapitaLand Investment, Singapore Retailers Association ink MOU to support S’pore retailers entering JB

Gerine Tang Yi Qian05-07

CLI has been appointed retail adviser for the 1.25 million sq ft Coronation Square Mall in Johor Bahru, which is expected to be completed in 2029. Singapore retailers expanding into Johor Bahru (JB) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2633177940?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-07 09:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2633177940","market":"us","top_or_hot":-1,"title":"CapitaLand Investment, Singapore Retailers Association ink MOU to support S’pore retailers entering JB","media":"Gerine Tang Yi Qian","content":"<div>\n<p>CLI has been appointed retail adviser for the 1.25 million sq ft Coronation Square Mall in Johor Bahru, which is expected to be completed in 2029. Singapore retailers expanding into Johor Bahru (JB) ...</p>\n\n<a href=\"https://www.theedgesingapore.com/cityandcountry/retail/capitaland-investment-singapore-retailers-association-ink-mou-support-spore?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CapitaLand Investment, Singapore Retailers Association ink MOU to support S’pore retailers entering JB</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCapitaLand Investment, Singapore Retailers Association ink MOU to support S’pore retailers entering JB\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-07 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/cityandcountry/retail/capitaland-investment-singapore-retailers-association-ink-mou-support-spore?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Gerine Tang Yi Qian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CLI has been appointed retail adviser for the 1.25 million sq ft Coronation Square Mall in Johor Bahru, which is expected to be completed in 2029. Singapore retailers expanding into Johor Bahru (JB) ...</p>\n\n<a href=\"https://www.theedgesingapore.com/cityandcountry/retail/capitaland-investment-singapore-retailers-association-ink-mou-support-spore?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999013478.USD","symbol_name":"利安新加坡股息基金","start_time":0,"source_url":"https://www.theedgesingapore.com/cityandcountry/retail/capitaland-investment-singapore-retailers-association-ink-mou-support-spore?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2633177940","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/cityandcountry/retail/capitaland-investment-singapore-retailers-association-ink-mou-support-spore?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2633177940","pubTimestamp":1778115600,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"CLI has been appointed retail adviser for the 1.25 million sq ft Coronation Square Mall in Johor Bahru, which is expected to be completed in 2029. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999013478.USD":"利安新加坡股息基金","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU2088747998.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC","SG9999004253.SGD":"Nikko AM Shenton Global Property Securities SGD","SG9999002406.SGD":"利安新加坡信托基金","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2088748020.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"ADM\" (USD) INC A","LU2088747725.USD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"A\" (USD) ACC","BK6139":"房地产运营公司","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","9CI.SI":"凯德投资","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","BK6516":"银行与投资服务概念","LU2088748293.HKD":"EASTSPRING INVESTMENTS ASIA REAL ESTATE MULTI ASSE \"AHD\" (HKD) INC","LU0918141887.USD":"安联亚洲实际收益股票基金","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","SG9999001127.SGD":"United Singapore Growth Fund SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK6523":"ESG概念","LU0229494975.USD":"骏利亨德森亚太地产股票基金","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","LU2088748376.SGD":"Eastspring Investments - Asia Real Estate Multi Asset Income Cl ASDM SGD-H","BK6110":"房地产经营公司","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD"},"translate_title":"凯德置地投资与新加坡零售商协会签署谅解备忘录，支持新加坡零售商进入JB","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"9CI.SI":1.5},"content_text":"CLI has been appointed retail adviser for the 1.25 million sq ft Coronation Square Mall in Johor Bahru, which is expected to be completed in 2029. Singapore retailers expanding into Johor Bahru (JB) will receive support from CapitaLand Investment (CLI) and the Singapore Retailers Association (SRA). Both parties will pilot retail concepts such as pop-ups, and organise knowledge-sharing sessions on Johor Bahru’s consumer landscape, under a memorandum of understanding (MOU) signed at the groundbreaking of Phase 2 of Coronation Square on May 7.\nSpearheaded by Coronade Properties, Coronation Square is a RM5 billion ($1.61 billion) integrated development spanning 9.6 acres within Ibrahim International Business District (IIBD) under the Johor-Singapore Special Economic Zone (JS-SEZ). Construction has begun on the landmark project’s second phase, which includes a 1.25 million sq ft retail mall — the largest in the JB city centre — and two residential blocks.\nCoronation Square Mall is expected to be completed in 2029. Themed “Coronation Square — Where the World Meets Johor”, the mall is positioned as a premium lifestyle destination, underpinned by strong cross-border connectivity, scale and integration within the wider development.\nThe mall will feature brands from “Malaysia, Singapore, the region and beyond” with a “day-to-night experience” anchored by a marketplace grocer, a diverse dining landscape and experiential offerings. \nSRA vice-president Vivien Lim says: “Johor Bahru has emerged as one of the most accessible and promising markets for Singapore retailers looking to expand regionally. Through this collaboration with CLI, we aim to ensure our members are well-positioned to seize these opportunities with the right market insights and support.” \nCLI’s managing director, retail management, commercial management (Singapore) Tan Mui Neo adds: “As Singapore’s largest mall operator with established retail platforms across Malaysia and China, CLI brings both regional scale and local expertise to this partnership… Through this MOU with SRA, we hope to take some of the uncertainty out of regional expansion, connecting retailers with the right market insights, opportunities and partners on the ground.”\nCLI was appointed retail adviser for Coronation Square Mall in November 2025, while its lodging arm, The Ascott, will manage the hotel component at Coronation Square under its flagship Ascott brand.\nAnnounced in August 2025, the five-star, 207-room Ascott Coronation Square Johor Bahru to be located in Tower 1 of Coronation Square will mark the brand’s JB debut. It is scheduled to open in 2H2029. \nWhere the world meets Johor \nLocated in the city centre of Johor Bahru, Coronation Square will enjoy direct connectivity to the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link. Coronation Square will also be linked to the RTS station and Malaysia’s customs, immigration and quarantine (CIQ) complex via air-conditioned pedestrian overhead bridges.\nThe landmark integrated development is set to transform JB into a “vibrant regional destination”, as part of the JS‑SEZ, which is expected to “drive new investment, talent inflows and business activity”, reads a joint statement by Coronade Properties, SRA and CLI. \nThis makes Coronation Square “well-placed to capture both domestic demand and visitor traffic, creating a strong platform for regional and international retailers”, they add. \nPatrick Lim, managing director of Coronade Properties, says: “Today’s groundbreaking marks the next phase of our vision to shape Johor Bahru into a connected and vibrant city centre. Coronation Square is designed as a ‘city within a city’, bringing together infrastructure, businesses and community within one integrated development. \nLim adds: “As we move into Phase 2 with Coronation Square Mall, we are building more than just retail — We are creating an ecosystem that supports businesses, creates jobs and serves the daily needs of the community.”\nSee also: \nFacing the JB competition head-on: Are Singapore malls at risk?\nCapitaLand Investment to work with Coronade Properties to shape retail vision for JBCC’s Coronation Square Mall\nAscott to manage flagship hotel at Coronation Square in JS-SEZ\nAscott signs record 19,000 units in 2025, up 27% y-o-y\nJohor Bahru City Square adding retailers, wellness hub and hotel apartments in multi-year AEI","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2633177940","isCrawlerRequest":true}