Kota Kinabalu: Suria Capital Holdings Berhad’s Jesselton Waterfront City (JWC) project will make the state capital a world class waterfront destination with premium facilities for cruise tourism and leisure hospitality.
To be built by SBC Corporation Berhad and BEDI Development Sdn Bhd, it would have the longest, largest continuous waterfront boardwalk in Kota Kinabalu City, truly capturing the spirit of “Waterfront for All”.
Suria Capital Holdings Berhad Group Managing Director Datuk Ng Kiat Min said its long-term vision is a sustainable, financially viable waterfront district that supports tourism growth and enhances Sabah’s position as a premier destination.
The company emphasised its commitment to delivering an integrated and vibrant waterfront precinct that benefits residents, investors, and the wider community. “JWC is a mixed development on the city’s waterfront and is a major revitalisation effort to redevelop Kota Kinabalu Port into a modern, world-class waterfront district.
“Jesselton Quay, developed by SBC Corporation Berhad, has already delivered JQ Central, its first phase of serviced suites and retail spaces.
“This has contributed to early vibrancy and set a new benchmark for modern coastal living on the waterfront.
“Its next phase, The Quayside, is progressing towards completion in 2028, followed by Q Suites, which is also scheduled to be completed the same year.
“These phases will further strengthen the area with lifestyle, hospitality, and waterfront-oriented experiences that reflect SBC’s aspiration to elevate Kota Kinabalu’s coastal urban identity.
“Adjacent to it, Jesselton Docklands is a development project undertaken by BEDI Development Sdn Bhd, which has commenced its first phase, known as The Bedrock.
The entire development is projected to be completed over 15 years in four phases.
“Together, Jesselton Quay and Jesselton Docklands form major components of the JWC masterplan, setting the stage for a new era of coastal urban lifestyle, investment opportunities, and long-term growth for Kota Kinabalu and Sabah,” said Kiat Min said.
Meanwhile, BEDI focuses on lifestyle-driven premium integrated business and residential hub.
Together, they are creating a complementary mix that strengthens JWC’s positioning as a vibrant part of Kota Kinabalu’s central business district.
She said Transport Minister Anthony Loke and the Ministry of Tourism, Arts and Culture Minister Dato Sri Tiong King Sing are enthusiastic on the development of JWC.
