Ibrahim International Business District, Johor Bahru, Coronation Square



Ibrahim International Business District, Coronation Square, Johor Bahru



The area covered by IIBC is bordered by Jalan Ayer Molek, Jalan Tun Sri Lanang(
JB Waterfront Lot 1), Jalan Tun Abdul Razak and Jalan Sultan Ibrahim.


Coronation Square sits on a 6.3 acre site in the IIBD. It will comprise six towers – a hotel, a hotel with residences, an office, medical suites high-rise and two serviced apartment towers – and a mall with an estimated gross floor area of 80,000 sq ft.

Coronation Square is being developed by Coronade Properties Sdn Bhd. According to its managing director, Datuk Patrick Lim, the first serviced apartment block of 400 units will be open for sale will open for sale in mid-2016. No indicative price has been set, but the average size of the units is 600 sq ft.

Coronation Square will be developed in two phases: the first phase will comprise the office, one serviced apartment block, the medical suites and the hotel with residences. Construction will start in 1Q2016.

Kamaruzzaman said that the medical suites will be managed by JCorp and KPJ (5878)   KPJ HEALTHCARE BHD and will start operations in 2019.


History. JSEDC commenced its operations in August 1970, with the appointment of Othman bin Mohd Saat, the then Chief Minister of Johor, as its chairman and Basir Bin Ismail as its chief executive. Its first office was located at Level 2, Sultan Ibrahim Building, Johor Bahru, with two staff.


Besides offering modern medical services, he said that there will also be “traditional and alternative treatments like Ayurveda and acupuncture by international brand operators, besides providing various healthcare facilities.”

“We expect the clientele for the medical suites will comprise locals, Asean nationalities particularly Singapore and Indonesia, and those from the Middle East as well as China, Korea and Japan. The medical suites are expected to boost the service sector, particularly the medical tourism sector, in tandem with the state government’s aspiration to transform the state of Johor into a regional medical hub,” Kamaruzzaman said.

Also present at the event was Johor Chief Minister Datuk Mohamed Khaled Nordin.

“This strategic development is important as Johor Baru has experienced a major population increase, which has spurred a major economic growth. The existence of the IIBD in the city will enhance the standard of living of the local community,” Khaled said.

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