News by Chin Wai Lun

Fong was previously Rehda Youth chairperson from 2016 to 2018.

S P Setia Bhd (KL:SPSETIA) chief operating officer Datuk Zaini Yusoff (pictured) has been reappointed as chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda) Selangor Branch for the term of 2024-2026.

The proposed Urban Redevelopment Act should also include inputs from property and facility managers, said Malaysian Institute of Property and Facility Managers (MIPFM) president Ishak Ismail.

LBS Bina Group Bhd (KL: LBS) has launched SkyRia, the latest addition to its D'Island Residence project in Puchong.

Mah Sing Group Bhd's land acquisition for its third development in Setapak, Kuala Lumpur, namely M Azura, has become unconditional. The developer has three months to pay the balance purchase price of about RM59 million. The land for M Azura was acquired on Dec 8, 2023 for a total cost of RM74.3 million.

Noteworthy:

• Semi-furnished
• 4-storey shop lot
• Built-up: 5,056 sq ft
• Nearby amenities: The Starling, Damansara Uptown commercial hub, KPJ Damansara Specialist Hospital
• Accessibility: Lebuhraya Damansara-Puchong (LDP), Federal Highway, Sprint Highway, North Klang Valley Expressway (NKVE)

When: April 2022

Noteworthy:

• Freehold
• Built up: 13,500 sq ft
• Land size: 19,719 sq ft
• Semi-furnished
• 7 bedrooms, 8 bathrooms
• Nearby amenities: IOI City Mall Putrajaya, Serdang Hospital, commercial hubs in nearby Kajang and Bangi towns
• Accessibility: North-South Expressway (NSE), Kajang Dispersal Link Expressway (SILK)

When: March 2022

UDA Holdings Bhd has inked a sale and purchase agreement (SPA) with BBCC Development Sdn Bhd to purchase a hotel building here in Bukit Bintang City Centre (BBCC).

Southern Score Sdn Bhd, a construction management services company, is set to be acquired by G Neptune Bhd as part of the latter's proposed regularisation plan.

All 262 units of double-storey terrace homes under Phase 1 (Camellia) of Mah Sing Group Bhd's M Senyum project have been fully taken up in less than two months since its May 2022 launch.