Singapore-based hospitality company KiN Group has signed a long-term lease agreement to renovate and operate the Maya Hotel on Jalan Ampang in Kuala Lumpur, Malaysia.
Reached with property owner Selangor Dredging, the deal gives KiN Group a ten-year lease with the option to renew for an additional 5+5 years. The parties began discussions in February and finalised the deal within a few months.
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The company plans to invest nearly RM19.8m ($5m) in refurbishing the 284-room, 22-storey property.
According to KiN Group co-founder and chief business officer Benny Ong, the renovation will be phased to minimise disruption to ongoing hotel operations.
Several existing rooms may be removed to create additional space for enhanced facilities, with potential additions such as a spa, a larger gym, and improved wellness spaces.
Ong said today’s travellers place growing importance on health and fitness amenities, viewing gyms not just as basic extras but as essential lifestyle facilities.
The hotel will retain its Maya Hotel name during the renovation, which is set to begin in August and is expected to be completed in Q4 2026.
Following refurbishment, the property is expected to launch under the working name KiN Hotel Reserve.
Ong added that the name KiN was selected for its simplicity and ease of pronunciation internationally.
He added that the word is intended to evoke a sense of kinship and aims to make guests feel comfortable, welcomed, and connected even when they are away from home.
KiN Group’s first hotel opened in Ho Chi Minh City in 2023, and it has since grown to operate 30 hotels in Vietnam, including 28 in Ho Chi Minh City and two in Dalat. Kuala Lumpur will become the group’s next main focus.
In addition to refurbishing Maya Hotel, further properties are being considered in Kuala Lumpur. The group’s expansion strategy targets selected core markets, which include Vietnam, Malaysia, Singapore, China, and potentially Indonesia’s Bali.
