{
  "id": 14673185,
  "title": "Astaka Padu and Kimlun in RM450mil Amora serviced residence project in Johor Bahru",
  "url": "https://urgent.news/2026/10/15/astaka-padu-and-kimlun-in-rm450mil-amora-serviced-residence-project",
  "topic": "world",
  "section": "World",
  "published": "2026-10-15T10:42:21.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/10/1556266/astaka-padu-and-kimlun-rm450mil-amora-serviced-residence-project"
  },
  "original_language": "en",
  "account": null,
  "summary": "Astaka Padu Sdn Bhd and Kimlun Corporation Bhd have announced the fourth collaboration between the two Johor-based groups, the RM450 million gross development value Amora serviced residence. The project will be executed through their joint venture company, Astaka Kimlun Sdn Bhd, and is set to be constructed on 2.45 acres of freehold commercial land in Tampoi, Johor Bahru. The development, which sits adjacent to the Pasir Gudang Highway and a 15-acre urban park, will consist of two towers - 48-storey Tower A and 45-storey Tower B - housing a total of 617 units. Indicative selling prices for the units start from RM600,000, with sizes ranging from approximately 990 sq ft to 2,230 sq ft. The project is expected to launch by the end of 2026 and is positioned as a 'Modern Holiday Home with Park Living', targeting larger households, holiday-home buyers, and multi-generational living. The launch of the 44 shop offices within the project was fully taken up within an hour of their launch earlier this month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}