Asia Vision Capital Sdn. Bhd. (AVC) has launched a Shariah-compliant real estate fund, QJBCCI PLT, designed for accredited investors. This fund offers access to Quayside JBCC, a landmark mixed-use development in Johor. It sits within the Johor-Singapore Special Economic Zone (JS-SEZ), one of Southeast Asia’s most promising economic corridors.
This initiative opens new opportunities for investors looking to grow their portfolios while aligning with Islamic finance principles.
Combining Ethical Investment with High-Return Potential
QJBCCI PLT is AVC’s Islamic counterpart to its earlier QJBCCA PLT fund, launched in January 2025. Both funds are lodged with the Securities Commission Malaysia (SC) and supported by TMF Group as the trustee. Tawafuq Consultancy serves as the Shariah adviser for the Islamic fund.
Investors can participate via Redeemable Convertible Preference Shares. These shares provide quarterly dividend payouts and redemption after a five-year lock-in period. This gives investors a balance between fixed returns and capital appreciation. Income is derived from multiple streams including serviced residences, hospitality, retail, rooftop dining, parking, and a large-format LED billboard.
With the development located next to the JB–Singapore Rapid Transit System (RTS), the project is expected to benefit from strong footfall and regional economic activity.
Quayside JBCC, A Vision of Urban Excellence
Bangsar Heights Pavilion (BHP), a subsidiary of the Bangsar Heights Group, is developing Quayside JBCC. It’s set to begin operations between 2027 and 2028. The site will feature premium residences by Oakwood by Ascott and hotel rooms managed by Hyatt Place.
In 2024, Quayside JBCC won four PropertyGuru Asia Awards Malaysia with iProperty:
- Best Mixed-Use Architectural Design
- Best Commercial Landscape Architectural Design
- Best Retail Architectural Design
- Best Designed Development (Malaysia)
These recognitions reflect the project’s high standards in design, layout, and sustainability. Other awards include the OPAL 2023, Asia Pacific Property Award 2023-2024, and ASEAN Property Developer Awards 2023/2024. With so many accolades, the development stands as a model for future urban projects in Malaysia.
AVC is also exploring plans to convert the project into a Real Estate Investment Trust (REIT) by 2032. This would allow for public market access, giving more investors a chance to benefit from this landmark development.
Invest in a Shariah-Compliant Future
AVC aims to raise RM300 million for the development through this fund. It’s a timely offer for investors seeking long-term growth with ethical oversight. The company also plans to launch a mobile dashboard by the end of 2025. This tool will allow investors to track fund performance in real-time via mobile or web.
This initiative supports AVC’s vision of making real estate investing more transparent, accessible, and Shariah-compliant. As Johor grows into a regional financial and digital hub, Quayside JBCC is well-positioned to lead that transformation.
Want to Learn More?
Explore investment opportunities with AVC at www.asiavisioncapital.com.
Discover the future of Johor real estate at www.quaysidejbcc.com.
