Singaporeans take big bites of Quayside JBCC amid Johor’s RTS boom
The units at the mixed-use project are sold through a private equity fund structure
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[KUALA LUMPUR] Singaporean buyers have taken up the lion’s share of all 482 serviced suites at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026 Johor Bahru-Singapore Rapid Transit System (RTS) Link and the buzz of a potential real estate investment trust (Reit) listing.
“The response from Singaporean investors has been overwhelming, making up the majority of our foreign buyers,” said JYSigma Business Consultancy (JBC) founder and director Jack Yang. “The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.”
In May, the project, with a gross development value of RM600 million (S$181.3 million), secured a 100 per cent take-up rate with more than 80 per cent of the buyers being foreign investors, according to Yang.
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