Exsim Hospitality Bhd (KL:EXSIMHB), formerly Pan Malaysia Holdings Bhd, has agreed with AmFIRST Real Estate Investment Trust (REIT) (KL:AMFIRST) to manage a planned RM45 million refurbishment and rebranding of The Summit Hotel Subang USJ, and to lease the hotel for three years after the revamp.
A new planning regulation that was quietly passed in June has given the Kuala Lumpur mayor excessive powers to approve developments in the capital city, a government backbencher flagged.
Prime Minister Datuk Seri Anwar Ibrahim has questioned the developer of the Residensi Aman Lumyan affordable housing project in Bandar Sri Permaisuri, Kuala Lumpur, over the absence of a school in the development plan of the project.
Developed by Tan & Tan Developments Berhad, 38 D'Laman Kundang is the final phase of shop offices in Kundang Jaya offering only 38 units of freehold, 2-storey shop offices designed for high visibility and growth in a rising catchment.
Developed by UOA Development Bhd, Aster Hill is a freehold suite apartment project located in Sri Petaling, Kuala Lumpur.
Developed by Paramount Property (Cityview) Sdn Bhd, The Ashwood is a luxury non-landed residential project located in the elite U-Thant area, just 1.3km from Ampang Park and KLCC.
S P Setia Bhd has launched of the Setia AI & Proptech Innovation Challenge, an initiative under the Bengkel Inovasi GLC (BIG) Programme aimed at addressing inclusive homeownership and improved construction quality.
Construction firm Fajarbaru Builder Group Bhd (KL:FAJAR) announced on Tuesday that the company will rebrand as FBG Holdings Bhd, with the name change taking effect on Bursa Malaysia at 9am this Friday, Aug 8.
The Court of Appeal has upheld a judge's ruling last year that a developer owed a duty of care to the joint management body (JMB) of a condominium in Subang over defects affecting common property.
Noteworthy:
When: February 2025
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