Melaka, 18 July 2025 – Asteria Melaka, once a stalled development has made a remarkable comeback as one of Melaka’s most promising investment opportunities. Spearheaded by Axteria Group Berhad (AGB), the project has officially obtained its Certificate of Completion and Compliance (CCC) and now launches Tower C Service Suites and Commercial Retail units to the public – marking a defining moment in the city’s real estate revival.
The official Completion Ceremony will take place on 19 – 20 July 2025 (Saturday & Sunday), inviting all guests and prospective buyers to witness the transformation of a once-abandoned site into a vibrant, income-generating property.
A Strategic Revival Led by Visionary Leadership
Asteria Melaka was re-launched in 2023 under the leadership of AGB Group Managing Director – Mr. Woo Wai Onn. Through bold investment and precise execution, AGB completed the project 28 months ahead of schedule, delivering strata titles free of encumbrance – a rare achievement in Malaysia’s under-construction project landscape.
“Asteria Melaka exemplifies our role as a true ‘White Knight’ developer. We didn’t just revive a dormant project – we reignited confidence, upheld our promise to buyers, and delivered ahead of expectations,” said Mr. Woo Wai Onn.
Prime Location, Promising Return
Strategically located in Kota Syahbandar, Asteria Melaka enjoys proximity to major tourist attractions including Jonker Street, Melaka River, and Encore Melaka, making it an ideal hub for short-term rentals, F&B ventures, and retail businesses.
The commercial zone, prominently fronting a major arterial road, offers high-visibility units – perfect for cafes, restaurants, convenience stores, and lifestyle retail. Confirmed tenants such as The Brew House and Good Taste 好好食面馆 will anchor the area as a vibrant destination, with more lifestyle brands to follow.
“We envision Asteria Melaka as more than just a completed property – it’s a catalyst for entrepreneurship, community, and long-term appreciation,” Mr. Woo added.
Full-Service Management for Hassle-Free Ownership
To ensure lasting value and professional upkeep, AGB has appointed Knight Frank Property Management as the official property manager. Buyers of Tower C’s 1-, 2-, and 3-bedroom units will benefit from full-service short-stay management through AGB’s exclusive partnership with leading operator – Attic. The offering includes fully furnished interiors, guest check-in/check-out service, cleaning and maintenance, rental income collection, and multi-platform marketing exposure. A hotel-style lobby further elevates the guests experience – turning each unit into a premium stay option for Melaka’s growing tourism market.
Celebrating a Milestone: Public Launch Weekend 19-20 July 2025
In celebration of this achievement, AGB will host a two-day Grand Completion Ceremony on-site, officiated by YB Tuan Low Chee Leong, Melaka’s Exco for Rural Development, Agriculture & Food Security and State Assemblyman for Kota Laksamana.
Now Open for Sale – Limited Units Available
Asteria Melaka’s Tower C Service Suite and Commercial Retail Units are now for sale. With unique blend of location, quality, and turnkey rental solutions, it presents one of the most compelling investment opportunities in Melaka today.
To book a viewing or learn more, visit the site or connect with us via Facebook (@Asteria Melaka) or Whatsapp 013-865 7678
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