Astaka Holdings (SGX:42S) has signed key agreements for a residential project in Malaysia, according to a Wednesday filing on the Singapore Exchange.

The agreements include a joint venture with Astaka Capital and Kii Amber, as well as a sale and purchase deal for project land with Astaka Padu and Seaview Holdings.

Astaka Kimlun, the newly formed joint venture company, will oversee the development.

The deals also cover project management, marketing, and tenancy arrangements for a sales gallery. APSB will be reimbursed for pre-development costs, subject to deal completion. The project's value is estimated at SG$30.2 million.