One Bukit Senyum, Johor’s upcoming RM5.4 billion administrative and commercial hub, has been granted node status – an area where the developer and promoted businesses can enjoy tax incentives – by Malaysia’s Ministry of Finance and Iskandar Regional Development Authority (Irda, Astaka Holdings Limited announced today. The node status accords Phase 2 of the project […]
Astaka Holdings Ltd has announced that Johor’s upcoming administrative and commercial hub One Bukit Senyum has been granted node status by the Ministry of Finance and the Iskandar Regional Development Authority (IRDA). Under the node status, phase 2 of One Bukit Senyum is accorded full income-tax exemption on proceeds from the sale and income derived […]
One Bukit Senyum, Johor’s upcoming RM5.4 billion administrative and commercial hub, has been granted node status – an area where the developer and promoted businesses can enjoy tax incentives – by Malaysia’s Ministry of Finance and Iskandar Regional Development Authority (“IRDA”), Astaka Holdings Limited (“Astaka”) announced today.
The One Bukit Senyum mixed development project is set to enter its second phase soon, amid slower real estate and property development market in the country following global economic uncertainty. Datuk Zamani Kassim, Chief Executive Officer of Astaka Holdings Limited, the developer of the project, said the property market is currently undergoing corrective period. “We […]







