Iskandar Waterfront City Berhad is an investment holding company principally engaged in property development, construction, and property land-banking in Malaysia. The company develops residential properties including landed units, condominiums, and villas; commercial properties; and mixed-use projects such as Danga Sutera, featuring approximately 645 gated and guarded landed residential units with clubhouse facilities and a commercial plot, and The Botanika, comprising over 792 condominium units and 40 villas on a 12-acre site near the Tebrau River in Bakar Batu. Its construction segment undertakes infrastructure projects, buildings, and related works, while operations focus on the Iskandar Malaysia region, primarily Johor Bahru. Founded in 1968 and headquartered in Johor Bahru, the company operates through subsidiaries in the real estate development and operations sector, targeting community living and quality developments for local and regional markets. Recent developments include ongoing deliberations for a potential merger with Iskandar Waterfront Holdings Sdn Bhd as part of a broader reorganization, with the company securing multiple extensions including a fifth to April 2026 to assess the proposal involving acquisition via share issuance; a debt swap and capital plan totaling RM268 million to support upcoming projects like Botanika Tower A, Danga Rivera, and Danga Sutera commercial lot; and openness to future collaborations following the January 2025 expiration of a memorandum of understanding with Melia Hotels International for a proposed hotel development under the Meliá brand.