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flag Ascott signs deal to manage a new hotel in Malaysia's Johor Bahru, marking a major JS-SEZ project.

flag Ascott, part of CapitaLand Investment, has signed a deal to manage a new hotel in Johor Bahru, Malaysia, marking its first major project in the Johor-Singapore Special Economic Zone (JS-SEZ) since the January 2025 agreement. flag The hotel, part of the RM5 billion Coronation Square development, is set to open in late 2029 and will include a mall, offices, and residences. flag The project highlights growing cross-border collaboration and confidence in the region's growth.

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