4 Commercial Properties for Sale at Capital 21 Capital City
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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Current search activity indicates that the project still features in the local market's browsing mix, drawing on 30 days of PropertyGuru search activity. This development maintains a consistent presence among buyers exploring options within the current landscape.
Pricing by Unit Types:Location & Lifestyle Highlights — Capital 21 Capital City 947m (0-5 mins) to MAKMAL KESIHATAN AWAM JOHOR BAHRU — This nearby transit point provides a straightforward connection for those working in the public health sector or commuting along the Jalan Tampoi corridor. Capital 21 Capital City is set for a major comeback as a vibrant mixed-use landmark, especially with the upcoming Mustafa Centre adding a massive boost to the local retail scene. Living here means being right in the heart of a revitalized Tampoi hub where shopping, staying, and working all come together in one freehold spot. Nearby hotspots: Bus Stops:
- HUB ANGSANA (1743m, 20-21 mins) — A key local transport node that links residents to various parts of Johor Bahru via multiple bus routes.
- PLAZA ANGSANA (1995m, 23-24 mins) — Convenient stop for those heading to the nearby shopping district for errands or work.
- SJK (CINA) TAMPOI (1713m, 20-21 mins) — A well-established primary school option for families looking for a Chinese-medium education nearby.
- SK TAMAN DAMANSARA ALIFF (1806m, 21-22 mins) — Practical choice for local families with young children attending primary school in the neighborhood.
- SMK BANDAR BARU UDA (1903m, 22-23 mins) — Nearby secondary school that makes the daily school run easier for households with teenagers.
- KLINIK PERMAI (1110m, 13-14 mins) — Accessible medical clinic for general consultations and routine health check-ups.
- KLINIK MESRA TAMPOI (1316m, 15-16 mins) — Another nearby option for families needing quick medical attention or common healthcare services.
- KLINIK KESIHATAN KEMPAS-KKM (1857m, 22-23 mins) — Government health clinic providing essential and affordable medical services to the local community.
- PLAZA ANGSANA (1744m, 21-22 mins) — A popular local destination for a wide variety of retail shops and essential services.
- HEROMARKET (1774m, 21-22 mins) — Handy supermarket for residents to pick up their weekly groceries and household supplies.
- ANGSANA JOHOR BAHRU MALL (1965m, 23-24 mins) — Large shopping mall offering a mix of fashion, electronics, and lifestyle brands under one roof.
- KILANG BATERI (430m, 5-6 mins) — A unique and trendy spot nearby that is perfect for grabbing a bite in a cool, industrial-themed setting.
- ASAM PEDAS DESA RAHMAT (1321m, 15-16 mins) — Great local eatery for those who enjoy traditional flavors and hearty Malaysian meals.
- KFC ANGSANA (1502m, 18-19 mins) — Familiar fast-food option for a quick and easy meal when you are on the go.
- AMBANK (1280m, 15-16 mins) — Provides essential banking and financial services within a short drive or brisk walk.
- CU (1293m, 15-16 mins) — Popular Korean-style convenience store for quick snacks, drinks, and daily essentials.
- KK SUPER MART (1336m, 16-17 mins) — Reliable 24-hour mart for any last-minute household needs at any time of the day.
- MASJID JAMEK BANDAR BARU UDA (1848m, 22-23 mins) — A significant local mosque serving the spiritual needs of the Muslim community in the area.
- TABIKA DESA RAHMAT (1744m, 20-21 mins) — Convenient early childhood education center for parents with toddlers living in the vicinity.
Market & Sale Insights
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: October 3, 2026