Astaka Appoints Knight Frank Property Manager For Upcoming RM254 Million GDV Serviced Residence In JB

Astaka Holdings Limited, a property developer based in Johor, Malaysia, has appointed Knight Frank Property Management Sdn Bhd (KFPM) as the property manager for Aliva Mount Austin, the Group’s upcoming residential project in Mount Austin with an estimated gross development value (GDV) of RM254 million, Johor Bahru.

“Our vision for Aliva is to create an unparalleled five-star lifestyle and living experience,” said Allen Khong, Executive Director and Chief Executive Officer of 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.”

“This partnership is noteworthy as it is the fourth occasion where KFPM has been appointed as the property manager for a development by Astaka,” Allen Khong added. “We are excited to deepen our collaboration and are confident that KFPM’s commitment to excellence will elevate the value of this project.”

“At KFPM, our mission is to deliver outstanding property management services to both our clients and residents. We wish to express our sincere thanks to Astaka for this appointment and look forward to expanding our partnership,” said Kuruvilla Abraham, Managing Director of KFPM. “

Aliva, set to be completed at the end of 2026, marks Astaka’s return to the property development scene after a brief hiatus. The project includes 499 units with an estimated GDV of RM254 million. 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. Notably, 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.

Aliva’s residents will have exclusive access to a wide range of amenities catering to diverse preferences and lifestyles. This includes a gymnasium that offers workout experience with a panoramic view of Mount Austin. A tranquil infinity pool invites residents to unwind against a backdrop of the townscape, while the basketball court, badminton court, yoga and dance room cater to those with active and wellness-focused lifestyles. These offerings underscore Astaka’s commitment to creating a luxurious, well-rounded living experience in the heart of Mount Austin.

Aliva’s strategic location also offers convenient accessibility to schools, hospitals, and various entertainment and recreational centres across Mount Austin, including Aeon Mall, Toppen Shopping Centre, Eco Palladium Shopping Centre, Austin Heights Golf Club and Austin Heights Water & Adventure Park. This prime location positions Aliva as a coveted residence for those seeking a well-connected and indulgent lifestyle.

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