Astaka-Kimlun JV begins construction of RM800mil Arden skyscraper in Johor Baru
KUALA LUMPUR: Johor-based property developer Astaka Holdings Limited, together with its joint venture (JV) partner Kimlun Corp Bhd , has commenced construction of Arden — a premium serviced residence under Phase 3 of One Bukit Senyum, the group's flagship development.
In a statement, Astaka said the 68-storey Arden is envisioned as a prominent international landmark within the newly announced Johor-Singapore Special Economic Zone (JS-SEZ).
Standing 260 metres above ground, it will be the second tallest building in Johor Bahru. Notably, Astaka also developed Johor Bahru's tallest building — The Astaka — completed in 2018 as part of Phase 1 of the One Bukit Senyum development.
Arden is a freehold development with a gross development value (GDV) of RM800mil, comprising 618 units of premium serviced residences. Unit sizes range from 797 to 1,700 square feet, with prices estimated between RM1,300 and RM1,500 per square foot.
Targeted for completion by 2030, the project reflects the group's vision of delivering an iconic and prestigious development that will reshape Johor Bahru's skyline.
Astaka and its JV partner have appointed GDP Architects Sdn Bhd — the firm behind landmark projects such as Pavilion Kuala Lumpur, TRX Residence, EQ Hotel Kuala Lumpur, and The Astaka — as the project's architect.
Astaka executive director and chief executive officer Allen Khong said that following the successful official launch of Arden in March 2025, the company was thrilled to commence construction of the landmark development.
'We are pleased to share this milestone with Kimlun, our longstanding partner on projects including Menara MBJB and Aliva Mount Austin. I am proud to highlight that this project brings together two renowned, Johor-based real estate players dedicated to world-class developments that deliver exceptional value to residents and investors,' he said.
Meanwhile, Kimlun chief executive officer Pang Khang Hau said: 'Kimlun is proud to partner with Astaka once again as a JV partner and the main contractor on another transformative project that will redefine Johor Bahru's skyline.
'Our proven track record in delivering high-quality engineering and construction solutions aligns perfectly with the vision for Arden and One Bukit Senyum. Together, we look forward to delivering an iconic project that will be the city's newest landmark.'
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