History

Listed on the Singapore Exchange (SGX:42S), Astaka Holdings Limited (“Astaka”) is a leading integrated property developer based in the Iskandar region of Johor, Malaysia, and is the result of a reverse takeover in November 2015 of E2-Capital Holdings Limited by Astaka Padu Limited.

Astaka’s founder saw the potential of Johor Bahru and set out with a vision to transform the city. Leveraging on the management’s track record and decades of experience, Astaka secured prime land in the heart of the city, now home to Group’s flagship development, One Bukit Senyum.

The iconic One Bukit Senyum will transform the skyline of Johor Bahru with its elegance and modernity, and is poised to be Johor Bahru’s new central business district when completed. It is comprised of The Astaka @ One Bukit Senyum residential towers, a five-star hotel, branded residences, serviced apartments, an entertainment hub, an office tower, and the headquarters of Johor Bahru’s City Council, Menara MBJB.

Astaka’s second project is Bukit Pelali at Pengerang, a 363-acre Strata Township, located 5km away from the Pengerang Integrated Petroleum Complex in southern Johor. The development will include residential units, shop offices, a clubhouse, hotel, private hospital, mart, school, mosque, food and beverage hub, and petrol station.

Astaka is actively seeking new investment opportunities and potential real estate acquisitions, particularly high-profile or strategically-located land banks, to increase its portfolio of iconic projects across the region.

Milestone

Astaka Holdings

2012

Astaka Padu Sdn Bhd acquired land and commenced implementation plan for One Bukit Senyum, engaging GDP Architects to develop The Astaka @ One Bukit Senyum.

2015

Renamed Astaka Holdings Limited following listing on Singapore Exchange via the reverse takeover of E2-Capital Holdings Limited.

Best Condo Development (Malaysia) by South East Asia Property Awards (Malaysia) 2015

Best Luxury Condo Development (South Malaysia) by South East Asia Property Awards (Malaysia) 2015

People's Choice Awards for Best Luxury High Rise Development by iProperty

2017

May 21: Grand Launch of Bukit Pelali @ Pengerang by Sultan of Johor

2019

Oct 8: Phase 1A of Bukit Pelali @ Pengerang received Certificate of Completion and Compliance

Dec 11: Menara MBJB received Certificate of Completion and Compliance

Best Residential High-Rise Development and Most Inspiring New Developer 2019 by Des Prix Infinitus ASEAN Property Awards Malaysia.

Best Residential High-Rise Development in Malaysia 2019 by ASIA Pacific Awards

2021

Nov 26: Menara MBJB was awarded Green Building Index by Malaysia Green Building Index (GBI) Accreditation Panel.

Dec 13: Astaka Holdings Limited provides Project Marketing Consultancy Services to Active Estates Sdn Bhd.

1993

Astaka Padu Sdn Bhd was founded in Johor Bahru, Malaysia, by Dato’ Daing A Malek Bin Daing A Rahaman

2013

Grand launch and construction of The Astaka @ One Bukit Senyum, named tallest residential twin towers in Southeast Asia

2016

Oct 3: Entered into a joint venture to develop Bukit Pelali @ Pengerang

Nov 28: Secured RM308 million agreement to develop Menara MBJB

2018

June 26: The Astaka Towers received Certificate of Completion and Compliance

2020

Jan 1: Officially handed over the fully completed Menara MBJB to Johor Bahru’s City Council, a year ahead of schedule

Aug 15: Menara MBJB was awarded Best New Green Institutional Building in Leadership in Sustainability Awards 2020 by Malaysia Green Building Council

Nov 17: Phase 2A & 2B of Bukit Pelali @ Pengerang received Certificate of Completion and Compliance

Dec 10: Phase 1B of Bukit Pelali @ Pengerang received Certificate of Completion and Compliance

2022

Jan 24: MOU signing with DMR Holdings to jointly develop 42 acres of land in Johor with estimated GDV of RM1billion.

Jan 27: MOU signing with Straits Perkasa to jointly develop project for commercial mix-used development.

Apr 19: JDA signing with Straits Perkasa.
Astaka Holding Logo-sq

Leadership Team

Leadership Team

Board of Directors

Leadership Team

Management Team