SGX listed Astaka Holdings Limited’s ‘The Astaka’ residential towers; also claimed as the tallest building in Southeast Asia region received its topping off ceremony recently to mark its completion by 2018 at 1 Bukit Senyum.
The auspicious event was officiated and witnessed by Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin together with Astaka Chief Executive Officer, Dato’ Zamani Kasim and Founder, Datuk Daing A. Malek A. Rahaman standing atop the 70-floors tower.
The Astaka or known as the twin towers is positioned at 1020 feet above sea level with 438 luxurious residential units and a gross development value (GDV) of over RM1.4 billion and currently having 70% sold.
“Since its launch in 2013, most of the units were sold to locals and foreign buyers from neighbouring countries such as Singapore, Taiwan, Korea, Brunei, Indonesia, and more. The Astaka redefines luxury living and will be an iconic residential development in Johor. It is also strategically located within the upcoming 1 Bukit Senyum that will be Johor Bahru’s new commercial and administrative centre,” said Datuk Zamani to the media.
Apart from that, Zamani continued that 1 Bukit Senyum’s whole development will have a gross floor area of 6.3 million square feet that houses The Astaka, the new 15-storey Johor Bahru City Council (MBJB) headquarters, an upcoming five-star hotel and a shopping mall which is set to be completed within a five year period.