KUALA LUMPUR (Oct 25): This week’s City & Country cover story looks at Astaka Padu Sdn Bhd, which is set to unveil Amora Parks, an 11.76-acre freehold integrated development in Johor Bahru with a gross development value of RM930 million. CEO Allen Khong discusses the mixed-use development, which will comprise four components — commercial development Amora Boulevard, Amora Serviced Residence, Amora Wellness Mall and an education hub.

The next component to be launched is Amora Serviced Residence, a 51:49 joint venture between Astaka Padu and Kimlun Corp Bhd (KL). Spanning 2.45 acres, the development comprises two towers — the 48-storey Tower A and 45-storey Tower B — with a total of 617 units. It is slated for launch by year-end.

Next, a three-day Vietnam study tour organised by the Real Estate and Housing Developers’ Association (Rehda) Youth in September brought delegates to meet local developers and Malaysian companies operating in Vietnam. Ho Chi Minh City InsideTrack 2026 included visits to a Grade A office tower overlooking the Saigon River and expansive townships built around parks, waterways and community facilities.

Meanwhile, the sixth and final instalment of Strata Sense, a collaboration with Henry Butcher Malaysia (Mont Kiara) Sdn Bhd (HBMK), examines the role of the professional property manager, with insights from HBMK managing director Low Hon Keong.

In The Edge Malaysia | Knight Frank Kuala Lumpur and Selangor Office Monitor 2Q2026, the Klang Valley office market saw leasing momentum strengthen in the second quarter, supporting higher occupancy and rents across key office localities.

In the MySpace column, Master Builders Association Malaysia urges the government to focus on stronger project delivery, sustainable growth and support for local contractors. While welcoming the reintroduction of the Variation of Price clause, the association hopes it will be extended to other building materials subject to volatile price fluctuations.

In the Real Deal column, editor emeritus Au Foong Yee examines the option-to-purchase (OTP) mechanism, which is expected to be introduced before year-end. She argues that the government should assess it alongside project monitoring, Housing Development Account (HDA) compliance and early-warning systems for distressed projects.

Read all about it in the Oct 26 issue of City & Country, out with The Edge Malaysia weekly.

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