The 11-storey Capital City Mall is located in Johor Bahru’s Tampoi suburb and was completed in April 2018. It has 1,602 strata-title retail units with a total net lettable area of 902,994 sq ft. The mall is part of a freehold integrated development in Tampoi. The integrated development includes a 315-room hotel, an 18-storey tower with 630 serviced suites, and 690 serviced apartments spanning three blocks.
Capital World, on Jan 27, announced that it will sell most of its space, including retail units, at its Capital City Mall in Johor Bahru to retailer Mustafa, for RM368 million ($113.6 million).
This is Mustafa’s first foray into the Malaysian market.
