New lifestyle offering in Tampoi
Astaka Padu Sdn Bhd is set to launch Amora Parks, a RM930 million integrated development in Johor Bahru. The project includes commercial, residential, wellness, and educational components, with the serviced residence phase launching by year-end.
Why it matters
This development represents a significant investment in the Johor Bahru property market, reflecting ongoing urban expansion and mixed-use development trends in Malaysia.
BURSA SGX Home City & Country Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Oct 25): This week’s City & Country cover story looks at Astaka Padu Sdn Bhd, which is set to unveil Amora Parks, an 11.76-acre freehold integrated development in Johor Bahru with a gross development value of RM930 million. CEO Allen Khong discusses the mixed-use development, which will comprise four components — commercial development Amora Boulevard, Amora Serviced Residence, Amora Wellness Mall and an education hub.
The next component to be launched is Amora Serviced Residence, a 51:49 joint venture between Astaka Padu and Kimlun Corp Bhd (KL). Spanning 2.45 acres, the development comprises two towers — the 48-storey Tower A and 45-storey Tower B — with a total of 617 units. It is slated for launch by year-end.
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