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The shopping mall was established as a redevelopment project of the old KOMTAR building complex. The old building was transformed into a modern shopping mall, hotel and office with a cost of MYR400 million. [1]
The area is a centre of business activity. All of the country's major banks have a presence in the city centre. Major shopping centres, such as Johor Bahru City Square and Komtar JBCC, are located within the area.
Komtar JBCC. Also located along Jalan Wong Ah Fook, Kompleks Tun Abdul Razak or KOMTAR is one of the oldest shopping complex in Johor Bahru. KOMTAR consists of a two-storey shopping mall and a 25-storey office tower block. The whole shopping mall area was closed and demolished for rebuilding in 2013 and was renamed Komtar JBCC after completion ...
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This agency is under Johor state government. MBJB are responsible for public health and sanitation, waste removal and management, town planning, environmental protection and building control, social and economic development and general maintenance functions of urban infrastructure.
Komtar Tower, which topped out on 1 January 1985, is 248.9 metres (817 ft) tall with 68 storeys. [137] Currently, the skyscraper houses the offices of the Penang state government (level 3, 7–58, and 61–64), the chief minister of Penang (level 28) and the mayor of George Town (level 17).
The mall has a majority ownership by the Government of Singapore Investment Corporation (GIC), a Singaporean sovereign wealth fund, who owns more than 70% of City Square's shares. The remaining shares are divided between the Johor Bahru City Council and Iskandar Puteri City Council respectively.