JOHOR BAHRU, June 26 — TH Tebrau Land Sdn Bhd has launched Monterra, a RM941 million integrated mixed-use development in Tebrau.
Achieving an 80 per cent take-up rate since its pre-launch in April 2026. Situated about five kilometres from the CIQ complex, the project will comprise 1,565 serviced apartments.
A shopping mall, 60 retail lots and a three-storey commercial hub with a medical centre. Monterra is designed to offer flexible residential layouts catering to both homeowners and investors.
The development is expected to benefit from Johor’s expanding infrastructure and the Johor-Singapore Special Economic Zone.
The project is targeted for phased handovers beginning in 2029 and full completion by 2030.
