From left: Astaka joint development partner Straits Perkasa Services Sdn Bhd Managing Director Jeffrey Ang, Astaka Holdings Executive Director and Chief Executive Officer Allen Khong Chung Lun, Knight Frank Property Management Managing Director Kuruvilla Abraham, Knight Frank Malaysia Executive Chairman Sarkunan Subramaniam
KUALA LUMPUR: Astaka Holdings Ltd has appointed Knight Frank Property Management Sdn Bhd (KFPM) as the property manager for the group’s upcoming residential project in Mount Austin, Johor Bahru.
Aliva Mount Austin, which has an estimated gross development value (GDV) of RM254mil, is set to be completed at the end of 2026.
Astaka executive director and CEO Allen Khong said in a statement the partnership is the fourth occasion where KFPM has been appointed as the property manager for a development by Astaka.
"As one of Malaysia's most experienced and reputable property managers, KFPM's ability to uphold the highest standards of service and quality aligns with this goal perfectly,” he added.
Unlike other conventional residential development, Aliva will come with facilities typically found in hotels, including a grand lobby, concierge with doorstep delivery, EV-charging facilities, and an automated waste management system.
Aliva is set to achieve the distinction of being the first Green Building Index (GBI) certified building in Mount Austin, reflecting the Group’s commitment to creating sustainable and green living spaces.
