CORONATION Square is set to be an integral part of the Rapid Transit System (RTS) Link between Johor Baru and Singapore as it will be connected via an elevated walkway and also house about 700 parking bays for the rail link project.
BUSINESSMAN Tan Sri Lim Kang Hoo is understood to be looking to take over Adil Permata Sdn Bhd, the company given the mandate to build a RM3.7 billion rail link connecting Bukit Chagar in Johor Baru to Woodlands in Singapore, dubbed the Rapid Transit System Link (RTS Link), sources say. “It’s a matter of fulfilling some conditions (precedents), then he will take over Adil Permata. From what we gather, it’s a done deal,” one source says. Another source from Johor says he has heard that Lim was brought in to speed things up at the RTS Link.
Coronation Square in Johor Bahru, which is on track for completion by 2028, is expected to contribute over RM9 billion in economic spin-off and support 60,000 jobs throughout its development phase
Ambitious project: The construction site for the Johor Baru-Singapore RTS Link Project’s Bukit Chagar station. There is plenty of buzz on the progress of Coronation Square, as it is linked to the RTS that will take commuters to Singapore in just five minutes.
IT’S hard not to miss the striking 35-storey Bank Rakyat Tower that is taking shape in the skyline of Johor Baru.
The imposing building is a part of Coronation Square, a lead project of the prestigious Ibrahim International Business District (IIBD) of Johor Baru.
The tower is almost 75% completed and will be fully done by the end of the year.