Market Insight
Project Overview
- Developer: EXSIM Group, an award-winning developer with a strong track record in integrated urban projects.
- Development: The tower is part of Causewayz Square @ JBCC, a freehold mixed-use development covering approximately 7.7 acres, directly adjacent to Johor–Singapore CIQ.
- Type: Axis Tower (Tower A) is specifically designed for short-stay Airbnb investors, with fully furnished units to facilitate immediate listing and occupancy.
- Scale:
- 60 storeys tall
- 908 residential units
- Unit sizes: 336 sq ft (studio) and 592 sq ft (dual-key)
- 60 storeys tall
- Connectivity: Located ~600 metres from the CIQ, within walking distance to the upcoming RTS Bukit Chagar station—prime location for cross-border travel demand.
Facilities & Amenities
- Sky Roof Facilities: Includes infinity pools, sun deck lounges, wavescape pools, seascape wading areas, outdoor showers, biophilic BBQ decks, and more—designed to enhance the Airbnb guest experience.
- Lifestyle & Productivity: The tower also offers amenities like a gym, karaoke lounge, and co-working spaces, aligning with boutique-hotel standards to boost rental appeal and value.
- Location Highlights: Surrounded by major malls (JB Sentral, Komtar JBCC, City Square), schools, and medical facilities, with a proposed link bridge directly connecting to the CIQ for unrivalled convenience
Market Considerations & Risks
- Short-Stay Market Sensitivity: Performance may be influenced by travel patterns, cross-border policies, and tourism demand fluctuations.
- Operational Costs: High-grade amenities can mean elevated maintenance expenses—impacting net returns.
- Regulatory Environment: Cross-border dynamics between Malaysia and Singapore may alter rental demand or compliance requirements.
- Market Competition: The short-stay sector may face increasing supply; differentiators like full furnishings and facility quality will matter.
