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Ascott to manage flagship hotel at Coronation Square in JS-SEZ

Samantha Chiew
Samantha Chiew • 4 min read
Ascott to manage flagship hotel at Coronation Square in JS-SEZ
The hotel management agreement was signed by Serena Lim, Chief Growth Officer, Ascott (third from left) and Datin Paduka Alinah Ahmad, Director of Corporate Relations, Coronade Properties (third from right). Photo: Ascott
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The Ascott Limited (Ascott), a wholly owned lodging business unit of CapitaLand Investment (CLI), has been appointed by Malaysia-based property developer Coronade Properties to manage a new hotel at Coronation Square. This project is located within the Ibrahim International Business District (IIBD), part of the Johor–Singapore Special Economic Zone (JS-SEZ), and is set to benefit from direct connectivity to the upcoming Rapid Transit System (RTS) Link between Johor Bahru and Singapore.

The management agreement, signed on Aug 8 in Singapore, marks the first major hospitality partnership since the landmark JS-SEZ agreement between Malaysia and Singapore in January 2025. The signing ceremony was witnessed by Johor Menteri Besar Dato’ Onn Hafiz bin Ghazi and Singapore’s Minister of State for Trade and Industry and National Development, Alvin Tan, underscoring both governments’ commitment to deeper cross-border collaboration.

Ascott Coronation Square Johor Bahru will be a five-star property with 207 rooms located in Tower 1 of Coronation Square. The hotel is scheduled to open in the second half of 2029. It will offer facilities including an all-day dining restaurant, swimming pool, fitness centre, residents’ lounge and meeting rooms. The hotel will feature Ascott’s signature interiors, curated lobby art and a dedicated Ascott Artisan service team. Curated experiences such as Themed Suites and the Ascott Soirée, a cultural initiative, will be introduced to connect guests to local arts and culture.

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