Malaysia’s Sunway, MRT Corp sign deal for RM2.6 billion mixed-use development in Johor Bahru
The project in Bukit Chagar will be integrated with the new Rapid Transit Link that connects Johor and Singapore
[KUALA LUMPUR] A new mixed-use development with an estimated gross development value of RM2.6 billion (S$787 million) will be built in Bukit Chagar in Johor Bahru.
The project – which will have residential, retail, hospitality, healthcare, and education components – will be integrated with the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link, which is slated to be completed by the end of 2026.
Two Malaysian companies – Mass Rapid Transit Corp (MRT Corp) and Sunway Group – signed a partnership agreement in Johor Bahru on Thursday (Feb 13) to develop a 1.7-hectare prime plot near the Bukit Chagar RTS Link Station.
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