1 Commercial Property for Sale at Capital 21 Capital City
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Capital 21 Capital City is a large-scale, freehold integrated development located along Jalan Tampoi, Johor Bahru. The ambitious project, which sits on a 14-acre site, was designed to include a thematic shopping mall, multiple towers of serviced residences and suites, and a hotel. While the project was stalled and faced financial difficulties leading to the closure of its mall in 2020, it is now poised for a significant revival following a major acquisition by a prominent international retailer. The Capital 21 mall, a key component of the development, ceased operations in early 2020 due to financial constraints faced by the developer, Capital World Ltd. The project subsequently entered a period of restructuring. A major catalyst for its revitalization came in early 2023, when Singapore's renowned Mustafa Centre acquired 591 unsold retail units, with the stated intention of opening its first Malaysian outlet. This investment is intended to finance the completion of the project's remaining components, marking a new chapter for the development. While renovation works are reportedly underway, the mall had not yet reopened as of mid-2025. The Capital City master plan outlined a comprehensive mixed-use hub with distinct components: A six-storey thematic shopping mall with 1,602 retail units, originally designed to feature themes of five continents. It was also home to a large indoor theme park. The plan included a 32-storey tower with 630 hotel-style serviced suites (Tower B) and three 29-storey towers comprising a total of 690 serviced apartments (Towers C, D, and E). A 32-storey international hotel with 315 rooms was planned for Tower A. Strategically situated in Tampoi, Capital 21 Capital City offers excellent connectivity via major arteries such as the Pasir Gudang Highway and Jalan Bertingkat Skudai. It is located approximately a 15-minute drive from the Woodlands Causeway, connecting to Singapore. The development is situated near a variety of local amenities, including:Angsana Johor Bahru Mall (1.8 km) Plaza Angsana (1.7 km) Mydin Mart Johor Bahru (1.1 km) Kipmall Tampoi Paradigm Mall Johor Bahru SMK Bandar Baru Uda (1.1 km) Institut Kemahiran Mara (IKM) (1.5 km) SK Kompleks Uda (1.6 km) SK Taman Chempaka (1.9 km) The area is served by nearby medical facilities, including Kempas Medical Centre and KPJ Puteri Specialist Hospital. The project was developed by Capital City Property Sdn Bhd, a subsidiary of the Singapore-listed Capital World Ltd. The development is built on land owned by Achwell Property Sdn Bhd, a unit of Gadang Holdings Bhd.
DeveloperHatten Group Sdn Bhd
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The project retains a presence in recent search activity for the local market according to PropertyGuru search trends over the past month. This indicates that the development continues to draw buyer interest in the local market as property seekers evaluate available options.
Pricing by Unit Types:- HUB ANGSANA (1742m, 20-21 mins) — Central bus hub providing various routes for residents commuting across the wider Johor Bahru area.
- PLAZA ANGSANA (1995m, 23-24 mins) — Convenient stop for those heading to the nearby shopping district and surrounding neighbourhoods.
- SK TAMAN DAMANSARA ALIFF (1708m, 20-21 mins) — Local primary school nearby, making it a practical choice for families with young children.
- SJK (CINA) TAMPOI (1713m, 20-21 mins) — Established vernacular school providing quality education options within the local community.
- SMK TAMAN DAMANSARA ALIFF (1738m, 20-21 mins) — Secondary school located within a short drive, ideal for growing households.
- KLINIK PERMAI (1110m, 13-14 mins) — Reliable local clinic for general medical consultations and family healthcare needs.
- KLINIK MESRA TAMPOI (1316m, 15-16 mins) — Accessible healthcare facility providing essential medical services to the Tampoi community.
- KLINIK KESIHATAN KEMPAS-KKM (1857m, 22-23 mins) — Public health clinic offering comprehensive medical care and wellness services.
- UDA OCEAN (1743m, 21-22 mins) — Popular retail spot for daily essentials and household shopping in the Bandar Baru Uda area.
- PLAZA ANGSANA (1744m, 21-22 mins) — Major shopping destination nearby offering a wide range of retail brands and services.
- ANGSANA JOHOR BAHRU MALL (1965m, 23-24 mins) — Large-scale mall providing extensive shopping, banking, and lifestyle options for the whole family.
- KILANG BATERI (430m, 5-6 mins) — Trendy local lifestyle and dining spot perfect for quick meals and evening hangouts.
- ASAM PEDAS DESA RAHMAT (1321m, 15-16 mins) — Well-known local eatery serving authentic flavours for a traditional dining experience.
- KFC ANGSANA (1502m, 18-19 mins) — Familiar fast-food option located within the nearby shopping precinct for easy takeaways.
- AMBANK (1280m, 15-16 mins) — Essential banking services located nearby for convenient financial transactions.
- CU (1293m, 15-16 mins) — Popular convenience store for quick snacks, drinks, and daily necessities.
- KK SUPER MART (1336m, 16-17 mins) — Handy 24-hour mart for last-minute groceries and household items.
- MASJID JAMEK BANDAR BARU UDA (1848m, 22-23 mins) — Significant local mosque serving the spiritual needs of the community.
Capital 21 Capital City has demonstrated a significant upward shift in its market valuation over the recent period.
- PSF Appreciation: RM90.97 → RM399.714 over recent years (+339.39%) from 2023 - 2024.
- PG Pulse Insight: The project has seen a substantial PSF growth of +339.39%, indicating a sharp increase in capital value within the local market.
Published date: August 3, 2026