Capital 21 Capital City
Jalan Tampoi Kawasan Perindustrian Tampoi, Tampoi, Johor
RM 113,400
172
sqft (floor)
RM 659
psf (floor)

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About this property
No. 04-36, Kompleks Kapital Bank Lelong
3rd BANK LELONG/AUCTION/银行拍卖
No. #04-36, Kompleks Kapital, Jalan Tampoi, Kawasan Perindustrian Tampoi, 81200 Johor Bahru, Johor
A Retail Unit (Commercial Unit)
R̵M̵ ̵1̵4̵0̵,̵0̵0̵0̵.̵0̵0̵
̵R̵M̵ ̵1̵2̵6̵,̵0̵0̵0̵.̵0̵0̵
RM 113,400.00
Market Value: RM154,000.00
Save: RM40,600.00
(26% below MV)
Auction Date : 29-Sep-25 (Mon)
Built Up : 172 sq.ft
Tenure : Freehold
Interested pls contact
IRIS LUA / Licensed Auctioneer
www.h*****
+6*****
Common facilities
24 hours security
Covered car park
Estimated mortgage
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.
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