Asia Vision Capital Sdn. Bhd. (AVC), a licensed Venture Capital Company registered and regulated by the Securities Commission Malaysia (SC), has launched QJBCCI PLT, a Shariah-compliant Real Estate Fund offering accredited investors structured access to Quayside JBCC. It is an iconic mixed-use development located within the Johor-Singapore Special Economic Zone (JS-SEZ), one of Southeast Asia’s most dynamic cross-border corridors.
QJBCCI PLT complements AVC’s conventional real estate fund, QJBCCA PLT, which was launched in January 2025. Both funds operate under a regulated framework where the funds are lodged with SC, with TMF Group as the trustee and Tawafuq Consultancy serving as the Shariah adviser for the Islamic tranche.
These funds provide Accredited investors with the opportunity to participate in the development of Quayside JBCC through Redeemable Convertible Preference Shares, standing benefits from quarterly dividend distributions and redemption options after a five-year lock-in period. Backed by institutional-grade governance and oversight, the fund is designed for investors seeking exposure to real estate income streams across hospitality, serviced residences, parking, retail, rooftop restaurants and the development’s prominent LED advertising display.
“JS-SEZ and Rapid Transit System represent one of the region’s most exciting growth opportunities, powered by cross-border connectivity and rising demand for integrated urban destinations. Through our funds, we are pleased to offer accredited investors a structured and professionally managed pathway to participate in this option. This initiative reflects our commitment to unlocking long-term value through disciplined investment, Shariah governance and institutional-grade oversight,” said Ian Khor, Chief Investment Officer of Asia Vision Capital Sdn. Bhd.
AVC targets to raise up to RM 300 million as the initial commitment goal for this development project. To enhance investor experience, AVC plans to launch a dedicated mobile platform by late 2025, offering fund performance updates of its portfolios through web and mobile-optimised dashboards.
As part of its long-term strategy, AVC is also exploring the potential conversion of this mixed-used hospitality development into a publicly listed Real Estate Investment Trust (REIT) by 2032, broadening liquidity options and expanding investor access through public markets.
Through these initiatives, AVC is poised to play a proactive role in shaping Malaysia’s real estate private equity landscape, connecting capital with one of Johor’s most strategically positioned developments as the state advances its transformation into a regional financial and digital hub.
Developed by Bangsar Heights Pavilion (BHP), a subsidiary of the Bangsar Heights Group, Quayside JBCC is targeted to start operation by 2027/2028. Quayside JBCC is designed as an integrated destination featuring premium residences which will be managed by Oakwood by Ascott. As for the hotel rooms, it will be managed by Hyatt Place. The development is well-positioned to benefit from major infrastructure projects, including the upcoming JB–Singapore Rapid Transit System (RTS) Link.
Quayside JBCC has earned multiple accolades in 2024, including four honours at the PropertyGuru Asia Awards Malaysia with iProperty: Best Mixed-Use Architectural Design, Best Commercial Landscape Architectural Design, Best Retail Architectural Design, and the inaugural Best Designed Development (Malaysia), where it stood out among 18 contenders. These recent wins build on a growing list of global and regional distinctions, including the OPAL 2023, Asia Pacific Property Award 2023-2024, ASEAN Property Developer Awards 2023/2024, and honours at the StarProperty and KSI Awards.
These recognitions underscore Quayside JBCC’s bold architectural vision, innovative design, and its blend of functionality, space optimisation, and aesthetic brilliance. The PropertyGuru Asia Awards is recognised as a gold standard in the real estate industry for their trusted reputation and stringent evaluation process, reinforcing Quayside JBCC’s leadership in shaping Malaysia’s real estate landscape.
For more information about Asia Vision Capital, visit www.asiavisioncapital.com. To learn more about Quayside JBCC, visit www.quaysidejbcc.com.
, a licensed Venture Capital Company registered and regulated by the Securities Commission Malaysia (SC), has launched QJBCCI PLT, a Shariah-compliant Real Estate Fund offering accredited investors structured access to Quayside JBCC.){kind=link}