Latest news with #QuaysideJBCC
Business Times
2 days ago
- Business
- Business Times
Singaporeans take big bites of Quayside JBCC amid Johor's RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion's share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026 Johor Bahru-Singapore Rapid Transit System (RTS) Link and the buzz of a potential real estate investment trust (Reit) listing. 'The response from Singaporean investors has been overwhelming, making up the majority of our foreign buyers,' said JYSigma Business Consultancy (JBC) founder and director Jack Yang. 'The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.' It will be a 10-minute walk from Quayside JBCC to the RTS Link Bukit Chagar station. In May, the project, with a gross development value of RM600 million (S$181.3 million), secured a 100 per cent take-up rate with more than 80 per cent of the buyers being foreign investors, according to Yang. 'Singaporean investors recognise what's coming – not just proximity, but opportunity. Quayside JBCC is a strategic positioning ahead of the RTS boom... and we're just getting started,' he added. Situated in the Ibrahim International Business District (IIBD) and within the Johor-Singapore Special Economic Zone, the units at Quayside JBCC are sold through a private equity (PE) fund structure. The PE structure is marketed through a partnership between JBC and venture capital firm Asia Vision Capital (AVC), which is regulated by the Securities Commission Malaysia. Both conventional and syariah-compliant fund options are available. Ian Khor, chief investment officer at AVC, said: 'The fund targets average annual dividends of above 8 per cent, with commitment rates of 3 per cent for 2027 and 7 per cent from 2028 onwards.' A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up For some context, Malaysia's recently listed Paradigm Reit, backed by three shopping malls – including one in Johor Bahru – valued at RM2.4 billion, is targeting a yield of more than 7 per cent. Potential connectivity sweetener Quayside JBCC is scheduled to begin operations by 2027/2028, with a potential Reit listing planned by 2032. Developed by Kuala Lumpur-based Bangsar Heights Pavilion, the project – the developer's debut in Johor Bahru – features Malaysia's first transparent cantilevered sky pool with panoramic views of the country's southern tip and Singapore. The 195 metre tower is located in IIBD and includes 482 serviced suites, 24 commercial retail units and 200 hotel suites. Quayside's hotel component will be jointly managed by Oakwood and Hyatt Place, with income diversification across hospitality and retail streams. Quayside JBCC features Malaysia's first transparent cantilevered sky pool with panoramic views of Johor and Singapore. ILLUSTRATION: JBC The upcoming RTS Link, targeted for completion in 2026, has spurred rising demand in Johor's urban core. It will be a 10-minute walk from Quayside JBCC to the RTS Link Bukit Chagar station. Singaporean arrivals to Johor reached about 13.5 million in 2023, rising further to more than 17 million trips in 2024, according to Tourism Malaysia and Immigration Department data. This reflects strong cross-border momentum, with Johor targeting 20 million foreign visitors by 2026. Tan Kin Lian, two-time Singapore presidential candidate and former chief executive of NTUC Income, who purchased a unit for RM680,000, shared on a social media post that he viewed the project as offering 'reasonably good return to the investor'. Jack Yang, founder and director of JYSigma Business Consultancy, says: 'The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.' PHOTO: JBC Pricing – the biggest lure Recent listings on PropertyGuru show that asking prices for serviced apartments at Quayside JBCC range from RM1,391 per square foot (psf) to as high as RM2,303 psf, or about S$420 to S$700 psf. In contrast, historical transaction data from EdgeProp indicates average prices of around RM348 psf (roughly S$105 psf). The significant gap between past and current prices could reflect the rising premium for prime, compact units near the Johor Bahru-Singapore RTS Link, especially as the project moves closer to completion. Another contributing factor, according to Yang, is that PropertyGuru listings include loft-style units, where pricing can vary depending on how the floor area – particularly the 'empty' spaces – is calculated. 'Many Singaporeans find they can't afford the same lifestyle in Singapore anymore,' Yang explained. 'The price gap allows them to get luxury amenities here that would be out of reach back home.' According to EdgeProp, Wee Soon Chit, executive director of Landserve (Johor), said land transactions near the RTS Link have reached RM1,000 psf, with areas such as Jalan Trus and Jalan Wong Ah Fook seeing shophouse transactions hitting RM2,000 psf and beyond. While established property groups such as WCT Holdings (Paradigm Reit) and YTL Corp increasingly convert their real estate portfolios into Reits in Malaysia, Quayside JBCC's retail investor model – selling individual units through a PE fund structure with promises of future Reit listing – appears to be a novel approach in the Malaysian market. Property consultants note that converting mixed-use developments into Reits has its fair share of operational and structural complexities. Samuel Tan, founder and CEO of Olive Tree Property Consultants, said: 'Mixed-use developments are eligible for Reit inclusion, but investor sentiment generally favours single-sector Reits, which offer clearer investment theses.' His partner at the property consultancy, Tan Wee Tiam, added that while solid yields are achievable for conventional properties, the same may not hold true for hotels or high-rise serviced apartments in the Malaysian context where they often function more like condominiums built on commercial-titled land, and returns remain relatively untested. Stewart LaBrooy, founder of Malaysia's first Reit and executive chairman of Area Group, cautioned that funds such as Quayside JBCC 'must first prove resilience to avoid being just another 'concept Reit''. He added: 'Mixed-use models complicate valuations and listing requires stabilised income streams.'
Business Times
2 days ago
- Business
- Business Times
Singaporeans big buyers of Quayside JBCC amid Johor's RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion's share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026 Johor Bahru-Singapore Rapid Transit System (RTS) Link and the buzz of a potential real estate investment trust (Reit) listing. 'The response from Singaporean investors has been overwhelming, making up the majority of our foreign buyers,' said JYSigma Business Consultancy (JBC) founder and director Jack Yang. 'The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.' It will be a 10-minute walk from Quayside JBCC to the RTS Link Bukit Chagar station. In May, the project, with a gross development value of RM600 million (S$181.3 million), secured a 100 per cent take-up rate with more than 80 per cent of the buyers being foreign investors, according to Yang. 'Singaporean investors recognise what's coming – not just proximity, but opportunity. Quayside JBCC is a strategic positioning ahead of the RTS boom... and we're just getting started,' he added. Situated in the Ibrahim International Business District (IIBD) and within the Johor-Singapore Special Economic Zone, the units at Quayside JBCC are sold through a private equity (PE) fund structure. The PE structure is marketed through a partnership between JBC and venture capital firm Asia Vision Capital (AVC), which is regulated by the Securities Commission Malaysia. Both conventional and syariah-compliant fund options are available. Ian Khor, chief investment officer at AVC, said: 'The fund targets average annual dividends of above 8 per cent, with commitment rates of 3 per cent for 2027 and 7 per cent from 2028 onwards.' A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up For some context, Malaysia's recently listed Paradigm Reit, backed by three shopping malls – including one in Johor Bahru – valued at RM2.4 billion, is targeting a yield of more than 7 per cent. Potential connectivity sweetener Quayside JBCC is scheduled to begin operations by 2027/2028, with a potential Reit listing planned by 2032. Developed by Kuala Lumpur-based Bangsar Heights Pavilion, the project – the developer's debut in Johor Bahru – features Malaysia's first transparent cantilevered sky pool with panoramic views of the country's southern tip and Singapore. The 195 metre tower is located in IIBD and includes 482 serviced suites, 24 commercial retail units and 200 hotel suites. Quayside's hotel component will be jointly managed by Oakwood and Hyatt Place, with income diversification across hospitality and retail streams. Quayside JBCC features Malaysia's first transparent cantilevered sky pool with panoramic views of Johor and Singapore. ILLUSTRATION: JBC The upcoming RTS Link, targeted for completion in 2026, has spurred rising demand in Johor's urban core. It will be a 10-minute walk from Quayside JBCC to the RTS Link Bukit Chagar station. Singaporean arrivals to Johor reached about 13.5 million in 2023, rising further to more than 17 million trips in 2024, according to Tourism Malaysia and Immigration Department data. This reflects strong cross-border momentum, with Johor targeting 20 million foreign visitors by 2026. Tan Kin Lian, two-time Singapore presidential candidate and former chief executive of NTUC Income, who purchased a unit for RM680,000, shared on a social media post that he viewed the project as offering 'reasonably good return to the investor'. Jack Yang, founder and director of JYSigma Business Consultancy, says: 'The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.' PHOTO: JBC Pricing – the biggest lure Recent listings on PropertyGuru show that asking prices for serviced apartments at Quayside JBCC range from RM1,391 per square foot (psf) to as high as RM2,303 psf, or about S$420 to S$700 psf. In contrast, historical transaction data from EdgeProp indicates average prices of around RM348 psf (roughly S$105 psf). The significant gap between past and current prices could reflect the rising premium for prime, compact units near the Johor Bahru-Singapore RTS Link, especially as the project moves closer to completion. Another contributing factor, according to Yang, is that PropertyGuru listings include loft-style units, where pricing can vary depending on how the floor area – particularly the 'empty' spaces – is calculated. 'Many Singaporeans find they can't afford the same lifestyle in Singapore anymore,' Yang explained. 'The price gap allows them to get luxury amenities here that would be out of reach back home.' According to EdgeProp, Wee Soon Chit, executive director of Landserve (Johor), said land transactions near the RTS Link have reached RM1,000 psf, with areas such as Jalan Trus and Jalan Wong Ah Fook seeing shophouse transactions hitting RM2,000 psf and beyond. While established property groups such as WCT Holdings (Paradigm Reit) and YTL Corp increasingly convert their real estate portfolios into Reits in Malaysia, Quayside JBCC's retail investor model – selling individual units through a PE fund structure with promises of future Reit listing – appears to be a novel approach in the Malaysian market. Property consultants note that converting mixed-use developments into Reits has its fair share of operational and structural complexities. Samuel Tan, founder and CEO of Olive Tree Property Consultants, said: 'Mixed-use developments are eligible for Reit inclusion, but investor sentiment generally favours single-sector Reits, which offer clearer investment theses.' His partner at the property consultancy, Tan Wee Tiam, added that while solid yields are achievable for conventional properties, the same may not hold true for hotels or high-rise serviced apartments in the Malaysian context where they often function more like condominiums built on commercial-titled land, and returns remain relatively untested. Stewart LaBrooy, founder of Malaysia's first Reit and executive chairman of Area Group, cautioned that funds such as Quayside JBCC 'must first prove resilience to avoid being just another 'concept Reit''. He added: 'Mixed-use models complicate valuations and listing requires stabilised income streams.'
Business Times
3 days ago
- Business
- Business Times
Singaporeans fuel Quayside JBCC sell-out amid Johor's RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion's share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026 Johor Bahru-Singapore Rapid Transit System (RTS) Link and the buzz of a potential real estate investment trust (Reit) listing. 'The response from Singaporean investors has been overwhelming, making up the majority of our foreign buyers,' said JYSigma Business Consultancy (JCB) founder and director Jack Yang, adding: 'The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.' Last month, the project with a gross development value of RM600 million (S$181.3 million), secured a 100 per cent take-up rate with over 80 per cent of buyers being foreign investors, according to Yang. Situated in the Ibrahim International Business District (IIBD) and within the Johor-Singapore Special Economic Zone, the units at Quayside JBCC are sold through a private equity (PE) fund structure. The PE structure is marketed through a partnership between JBC and venture capital firm Asia Vision Capital (AVC), which is regulated by the Securities Commission Malaysia. Both conventional and syariah-compliant fund options are available. Ian Khor, chief investment officer at AVC, said: 'The fund targets average annual dividends of above 8 per cent, with commitment rates of 3 per cent for 2027 and 7 per cent from 2028 onwards.' For some context, Malaysia's recently listed Paradigm Reit, backed by three shopping malls – including one in Johor Bahru – valued at RM2.4 billion, is targeting a yield of over 7 per cent. A NEWSLETTER FOR YOU Friday, 8.30 am Asean Business Business insights centering on South-east Asia's fast-growing economies. Sign Up Sign Up Potential connectivity sweetener The development is scheduled to begin operations by 2027/2028, with a potential Reit listing planned by 2032. Developed by Kuala Lumpur-based Bangsar Heights Pavilion, the project – the developer's debut in Johor Bahru – features Malaysia's first transparent cantilevered sky pool with panoramic views of Malaysia's southern tip and Singapore. The 195-metre tower is located in IIBD and includes 482 serviced suites, 24 commercial retail units and 200 hotel suites. Quayside's hotel component will be jointly managed by Oakwood and Hyatt Place, with income diversification across hospitality and retail streams. Quayside JBCC features Malaysia's first transparent cantilevered sky pool with panoramic views of Johor and Singapore. ILLUSTRATION: JBC The upcoming RTS Link, targeted for completion in 2026, has spurred rising demand in Johor's urban core. Quayside JBCC will be a 10-minute walk to the RTS Link Bukit Chagar station. Singaporean arrivals to Johor reached about 13.5 million in 2023, rising further to over 17 million trips in 2024, according to Tourism Malaysia and Immigration Department data. This reflects strong cross-border momentum, with Johor targeting 20 million foreign visitors by 2026. Tan Kin Lian, two-time presidential candidate and former chief executive of NTUC Income, who purchased a unit for RM680,000, shared on a social media post that he viewed the project as offering 'reasonably good return to the investor'. Jack Yang, founder and director of JYSigma Business Consultancy, says: 'The strong cross-border demand ahead of the RTS Link completion shows investors are positioning themselves for the connectivity benefits.' PHOTO: JBC Price gap – biggest lure The price differential remains a key attraction. According to Singapore government data, the median resale price for a Housing and Development Board flat in 2024 stood at S$612,497, or about S$600 to S$700 per square foot (psf). JBC said that the Quayside's serviced apartments are priced at around S$300 to S$400 psf. 'Many Singaporeans find they can't afford the same lifestyle in Singapore anymore,' Yang explained. 'The price gap allows them to get luxury amenities here that would be out of reach back home.' According to EdgeProp, Wee Soon Chit, executive director of Landserve (Johor), said land transactions near the RTS Link have reached RM1,000 psf, with areas such as Jalan Trus and Jalan Wong Ah Fook seeing shophouse transactions hitting RM2,000 psf and beyond. While established property groups such as WCT Holdings (Paradigm Reit) and YTL Corporation increasingly convert their real estate portfolios into Reits in Malaysia, Quayside JBCC's retail investor model – selling individual units through a PE fund structure with promises of future Reit listing – appears to be a novel approach in the Malaysian market. Property consultants note that converting mixed-use developments into Reits has its fair share of operational and structural complexities. Samuel Tan, founder and chief executive officer of Olive Tree Property Consultants, said: 'Mixed-use developments are eligible for Reit inclusion, but investor sentiment generally favours single-sector Reits, which offer clearer investment theses.' His partner at the property consultancy Tan Wee Tiam added that while solid yields are achievable for conventional properties, the same may not hold true for hotels or high-rise serviced apartments in the Malaysian context where they often function more like condominiums built on commercial-titled land, and returns remain relatively untested. Stewart Labrooy, founder of Malaysia's first Reit and executive chairman of Area Group, cautioned that funds such as Quayside JBCC 'must first prove resilience to avoid being just another 'concept Reit''. He added: 'Mixed-use models complicate valuations and listing requires stabilised income streams.'
Yahoo
09-06-2025
- Business
- Yahoo
JYSigma Business Consultancy and Asia Vision Capital Announce Strategic Partnership for Landmark Shariah-Compliant Property Investment in Johor Bahru
Johor Bahru, June 09, 2025 (GLOBE NEWSWIRE) -- JYSigma Business Consultancy (JBC), a fast-growing strategic advisory firm based in Singapore and Malaysia, has signed a landmark partnership agreement with Asia Vision Capital Sdn. Bhd (AVC), a licensed venture capital management corporation registered and regulated by the Securities Commission of Malaysia. The collaboration officially launches JBC's participation in a Shariah-compliant private equity fund anchored by the Quayside JBCC mixed-use development in Johor Bahru. Signing ceremony of the Memorandum of Understanding (MOU) at the BHP office in Johor Bahru, Malaysia. From left to right in the picture are Liz Meng (Assistant Sales Manager, BHP), Kelly Chong (Sales Manager, BHP), Edward Chin (Assistant Vice President, Asia Vision Capital - AVC), Ian Khor (Chief Investment Officer, Asia Vision Capital - AVC), Jack Yang (Director, JYSigma Business Consultancy - JBC), Jeremy Ng (Senior Manager, JBC), Serene Tong (Senior Manager, JBC), and Erannee Goh (Senior Manager, JBC). Located within the Johor Bahru City Centre and adjacent to the Johor-Singapore Causeway, the Quayside JBCC project is a RM600 million integrated development that will include serviced residences, curated retail outlets, a rooftop dining concept, and globally branded hotels including Oakwood and Hyatt Place. The development is set to benefit from a series of economic catalysts including the Johor-Singapore Special Economic Zone (JS-SEZ) and the highly anticipated Rapid Transit System (RTS) link slated to open in 2026. Architectural Rendering of Quayside JBCC Upon Completion Quayside JBCC has earned multiple accolades, including Best Branded Residential Development (Asia), Best Mixed-Use Development (Malaysia) and Best Designed Development (Malaysia) at the PropertyGuru Asia Awards Malaysia in participation with iProperty 2024. In addition, It received honors during the ASEAN Property Developer Awards as well as the StarProperty Awards 2024. The fund is structured as a closed-end Shariah-compliant private equity vehicle, offering eligible investors a professionally managed and asset-backed entry into Malaysia's rapidly growing real estate sector. The fund is lodged with the Securities Commission Malaysia and complies with Islamic investment principles, ensuring ethical deployment of capital in line with market demand for halal investment products and its Shariah advisor is Tawafuq Consultancy. 'This partnership reflects our commitment to offering investors better ways to access high-quality real estate in Malaysia whether through conventional or Shariah-compliant structures. With strong fundamentals, a prime asset in Johor, and the right partners, we're building investment platforms made for long-term value,' said Ian Khor, Chief Investment Officer, Asia Vision Capital Sdn. Bhd. AVC will serve as investment manager and regulatory lead. Backed by Bangsar Heights Pavilion (BHP)—a multiple award-winning Malaysian developer with over 30 years of track record and more than RM5 billion in gross development value (GDV)—AVC brings institutional credibility, development excellence, and extensive networks in property, finance, and compliance. The Quayside JBCC project is one of several in BHP's pipeline aimed at redefining branded hospitality and lifestyle real estate in Malaysia. Initial signing held at Asia Vision Capital's headquarters in Kuala Lumpur. Pictured from left to right: Ian Khor, Chief Investment Officer of AVC; Edward Chin, Assistant Vice President at AVC; and Jack Yang, Director of JYSigma Business Consultancy. 'We're proud to partner with Asia Vision Capital Sdn. Bhd on this milestone initiative,' said Jack Yang, Regional Director of JYSigma Business Consultancy. 'This partnership signals our entry into high-impact, Shariah-compliant real estate investments—allowing us to play a key role in the region's next wave of smart capital deployment and city-centre transformation JYSigma Business Consultancy (JBC) recently launched its Johor Bahru office to support this collaboration and deepen its presence in Malaysia. With a focus on business growth strategy, private capital advisory, and regional partnerships, JBC continues to serve as a bridge between Southeast Asian SMEs, developers, and cross-border investors looking for strategic exposure to resilient asset classes. Together, AVC, BHP, and JBC bring a powerful blend of regulatory strength, development experience, and commercial insight—positioning Quayside JBCC as a new benchmark in ethical, asset-backed investment within the region. For media inquiries or partnership discussions, visit or contact contact@ About JYSigma business Consultancy Founded in Singapore in 2023, JYSigma Business Consultancy (JBC) has quickly emerged as a trusted advisory partner for businesses seeking sustainable growth, market expansion, and operational excellence. With established operations across Singapore, Malaysia, Hong Kong, Thailand, and Dubai, JBC delivers tailored, high-impact consultancy services focused on strategic planning, SME empowerment, sales acceleration, and project structuring. By combining deep market insight with execution-driven support, JBC enables startups, SMEs, and growth-stage companies to scale with precision and confidence. Its founder-led approach ensures clients benefit from both strategic vision and hands-on expertise in navigating complex business challenges across Asia's dynamic markets. Media Contact: JYSigma Business Consultancy Pte. (Headquarters): Level 11, Marina Bay Financial Centre Tower 18 Marina Blvd, Singapore 018981Malaysia: Suite 25.03A, Level 25 Johor Bahru City, Square Office Tower 106-108, Jalan Wong Ah Fook, Ibrahim International Business District, 80888 – Launching June 1, 2025Website: Contact: contact@ +65 6050 8562 Contacts for Media Inquiries: Melorie Coronel (Ms)Business Development & PRmelorie@ 8962 4518 About Asia Vision Capital Asia Vision Capital is a licensed Venture Capital Company registered and regulated by the Securities Commission Malaysia dedicated to unlocking growth opportunities across Asia's dynamic markets. With a focus on strategic investments, our firm combines deep regional expertise with a global outlook, empowering businesses and investors to achieve sustainable success. Guided by a commitment to integrity, transparency, and long-term value, Asia Vision Capital provides tailored financial solutions that drive impactful growth, fostering trust and partnerships that last. We are more than just an investment firm; we are a trusted partner in navigating Asia's economic landscape, delivering visionary insights and empowering our clients to thrive in a rapidly evolving environment. Contacts for Media Inquiries: Zuhair Zarudin (Mr)PR ManagerROOTS PRzuhair@ 398 0387 Valerie Lanjuran (Ms)PR ConsultantROOTS PRvalerie@ 2170 1330 A video accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
JYSigma Business Consultancy and Asia Vision Capital Announce Strategic Partnership for Landmark Shariah-Compliant Property Investment in Johor Bahru
Johor Bahru, June 09, 2025 (GLOBE NEWSWIRE) -- JYSigma Business Consultancy (JBC), a fast-growing strategic advisory firm based in Singapore and Malaysia, has signed a landmark partnership agreement with Asia Vision Capital Sdn. Bhd (AVC), a licensed venture capital management corporation registered and regulated by the Securities Commission of Malaysia. The collaboration officially launches JBC's participation in a Shariah-compliant private equity fund anchored by the Quayside JBCC mixed-use development in Johor Bahru. Signing ceremony of the Memorandum of Understanding (MOU) at the BHP office in Johor Bahru, Malaysia. From left to right in the picture are Liz Meng (Assistant Sales Manager, BHP), Kelly Chong (Sales Manager, BHP), Edward Chin (Assistant Vice President, Asia Vision Capital - AVC), Ian Khor (Chief Investment Officer, Asia Vision Capital - AVC), Jack Yang (Director, JYSigma Business Consultancy - JBC), Jeremy Ng (Senior Manager, JBC), Serene Tong (Senior Manager, JBC), and Erannee Goh (Senior Manager, JBC). Located within the Johor Bahru City Centre and adjacent to the Johor-Singapore Causeway, the Quayside JBCC project is a RM600 million integrated development that will include serviced residences, curated retail outlets, a rooftop dining concept, and globally branded hotels including Oakwood and Hyatt Place. The development is set to benefit from a series of economic catalysts including the Johor-Singapore Special Economic Zone (JS-SEZ) and the highly anticipated Rapid Transit System (RTS) link slated to open in 2026. Architectural Rendering of Quayside JBCC Upon Completion Quayside JBCC has earned multiple accolades, including Best Branded Residential Development (Asia), Best Mixed-Use Development (Malaysia) and Best Designed Development (Malaysia) at the PropertyGuru Asia Awards Malaysia in participation with iProperty 2024. In addition, It received honors during the ASEAN Property Developer Awards as well as the StarProperty Awards 2024. The fund is structured as a closed-end Shariah-compliant private equity vehicle, offering eligible investors a professionally managed and asset-backed entry into Malaysia's rapidly growing real estate sector. The fund is lodged with the Securities Commission Malaysia and complies with Islamic investment principles, ensuring ethical deployment of capital in line with market demand for halal investment products and its Shariah advisor is Tawafuq Consultancy. 'This partnership reflects our commitment to offering investors better ways to access high-quality real estate in Malaysia whether through conventional or Shariah-compliant structures. With strong fundamentals, a prime asset in Johor, and the right partners, we're building investment platforms made for long-term value,' said Ian Khor, Chief Investment Officer, Asia Vision Capital Sdn. Bhd. AVC will serve as investment manager and regulatory lead. Backed by Bangsar Heights Pavilion (BHP)—a multiple award-winning Malaysian developer with over 30 years of track record and more than RM5 billion in gross development value (GDV)—AVC brings institutional credibility, development excellence, and extensive networks in property, finance, and compliance. The Quayside JBCC project is one of several in BHP's pipeline aimed at redefining branded hospitality and lifestyle real estate in Malaysia. Initial signing held at Asia Vision Capital's headquarters in Kuala Lumpur. Pictured from left to right: Ian Khor, Chief Investment Officer of AVC; Edward Chin, Assistant Vice President at AVC; and Jack Yang, Director of JYSigma Business Consultancy. 'We're proud to partner with Asia Vision Capital Sdn. Bhd on this milestone initiative,' said Jack Yang, Regional Director of JYSigma Business Consultancy. 'This partnership signals our entry into high-impact, Shariah-compliant real estate investments—allowing us to play a key role in the region's next wave of smart capital deployment and city-centre transformation JYSigma Business Consultancy (JBC) recently launched its Johor Bahru office to support this collaboration and deepen its presence in Malaysia. With a focus on business growth strategy, private capital advisory, and regional partnerships, JBC continues to serve as a bridge between Southeast Asian SMEs, developers, and cross-border investors looking for strategic exposure to resilient asset classes. Together, AVC, BHP, and JBC bring a powerful blend of regulatory strength, development experience, and commercial insight—positioning Quayside JBCC as a new benchmark in ethical, asset-backed investment within the region. For media inquiries or partnership discussions, visit or contact contact@ About JYSigma business Consultancy Founded in Singapore in 2023, JYSigma Business Consultancy (JBC) has quickly emerged as a trusted advisory partner for businesses seeking sustainable growth, market expansion, and operational excellence. With established operations across Singapore, Malaysia, Hong Kong, Thailand, and Dubai, JBC delivers tailored, high-impact consultancy services focused on strategic planning, SME empowerment, sales acceleration, and project structuring. By combining deep market insight with execution-driven support, JBC enables startups, SMEs, and growth-stage companies to scale with precision and confidence. Its founder-led approach ensures clients benefit from both strategic vision and hands-on expertise in navigating complex business challenges across Asia's dynamic markets. Media Contact: JYSigma Business Consultancy Pte. (Headquarters): Level 11, Marina Bay Financial Centre Tower 18 Marina Blvd, Singapore 018981Malaysia: Suite 25.03A, Level 25 Johor Bahru City, Square Office Tower 106-108, Jalan Wong Ah Fook, Ibrahim International Business District, 80888 – Launching June 1, 2025Website: Contact: contact@ +65 6050 8562 Contacts for Media Inquiries: Melorie Coronel (Ms)Business Development & PRmelorie@ 8962 4518 About Asia Vision Capital Asia Vision Capital is a licensed Venture Capital Company registered and regulated by the Securities Commission Malaysia dedicated to unlocking growth opportunities across Asia's dynamic markets. With a focus on strategic investments, our firm combines deep regional expertise with a global outlook, empowering businesses and investors to achieve sustainable success. Guided by a commitment to integrity, transparency, and long-term value, Asia Vision Capital provides tailored financial solutions that drive impactful growth, fostering trust and partnerships that last. We are more than just an investment firm; we are a trusted partner in navigating Asia's economic landscape, delivering visionary insights and empowering our clients to thrive in a rapidly evolving environment. Contacts for Media Inquiries: Zuhair Zarudin (Mr)PR ManagerROOTS PRzuhair@ 398 0387 Valerie Lanjuran (Ms)PR ConsultantROOTS PRvalerie@ 2170 1330 A video accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
