Astaka Padu, Kimlun To Jointly Develop RM450 Million Johor Serviced Residence Project

Source: Business Today16 Oct 2026

Astaka Padu and Kimlun Corporation are jointly developing the RM450 million Amora Serviced Residence in Tampoi, Johor Bahru. The project is their fourth collaboration. It will be undertaken through their joint venture, Astaka Kimlun Sdn Bhd. The project is due to strong market response to lifestyle-oriented properties in Johor.

What it means for buyers, tenants and investorsBuyers of lifestyle-oriented residential properties in Johor can expect additional options with the development of the Amora Serviced Residence project.

What it means for Japanese buyers

Astaka Padu and Kimlun develop RM450m project in Tampoi, Johor Bahru.

This adds to Johor Bahru's serviced residence supply, giving buyers more options.

Foreign buyers can purchase this property, subject to Johor state's minimum purchase price and consent.

Buyers should check the purchase price and consent requirements with the state authority.

Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.