Ecofirst Consolidated Bhd Reports Impressive Q4 Results Fueled by KL-48 Project Sales Property developer Ecofirst Consolidated Bhd (KL) has announced a remarkable increase in its net profit for the fourth quarter, largely attributed to the higher sales conversion rate for its KL-48 project in Chan Sow Lin, Kuala Lumpur. The net profit for the three months ending May 31, 2024 (4QFY2024), more than doubled...

Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,200 hotels in more than 95 countries, has announced an exciting new addition to its portfolio: the Wyndham Semporna Resort. This prestigious partnership with Goldstone Holdings will bring a new level of luxury to the eastern coast of Sabah, Malaysia. Expected to open in 2026, the Wyndham Semporna Resort will...

Progress and Challenges of Sabah’s Pan Borneo Highway Project Phase 1A of the Pan Borneo Highway project in Sabah is making significant strides with a completion rate of 77.91 percent, according to Federal Works Minister Dato’ Seri Alexander Nanta Linggi. This phase, which includes 15 work packages, has already seen the completion of four packages, with the remaining 11 still under...

Novo Ampang is a prestigious freehold serviced residence located in the upscale Ampang Hilir area of Kuala Lumpur. Known for its strategic location, luxurious amenities, and exceptional design, Novo Ampang offers residents a lifestyle of convenience and sophistication. Prime Location Novo Ampang's prime location is one of its most appealing features. Situated close to some of the best shopping centers...

Malaysia's Economic Diversification: Embracing Innovation Amid Fiscal Challenges Malaysia is making remarkable strides in economic diversification, utilizing innovative measures to overcome fiscal challenges. A joint report by the United Nations Development Programme (UNDP) Malaysia and the Malaysian Industry-Government Group for High Technology (MIGHT) highlights Putrajaya's strategic initiatives to...

Maxim Global Bhd is set to make a significant impact in the property market with the launch of properties totaling over RM1 billion in gross development value (GDV) this year. Among these is the much-anticipated development, The Atas, in Taman Desa, which was launched recently with a GDV of RM580 million. This landmark project showcases Maxim's commitment to delivering luxury living spaces that cater to...

Selangor Achieves High-Income Status: Insights and Implications Selangor, one of Malaysia's most prominent states, has officially joined the ranks of high-income states, according to a recent announcement by Apurva Sanghi, World Bank lead economist for Malaysia. This milestone marks a significant achievement for Selangor and reflects the broader economic progress within Malaysia. Selangor's Economic...

AETAS Seputeh, the latest development by Avaland Bhd, exemplifies exceptional luxury living in the heart of Kuala Lumpur (KL). Developed by Avaland’s subsidiary, Ardent Residence Sdn Bhd, this exquisite residence embodies sophistication and exclusivity. As The Malaysian Reserve (TMR) stepped into the lobby of AETAS Seputeh, the air of refinement and elegance was immediately palpable. A Grand...

Where to Stay in Malaysia: Luxurious Hotels in Iconic Destinations A melting pot blending Malay, Chinese, and Indian influences, Malaysia is a captivating destination in Southeast Asia. Situated between Thailand and Singapore, its fast-growing economy, tropical coastline, rich biodiversity, and colonial history enrich its cultural and geographic tapestry. From the glittering lights of Kuala Lumpur and...

Efforts to rejuvenate downtown Kuala Lumpur as a creative and cultural district are underway with a RM20 million allocation from the 2024 Budget. This initiative is a collaborative effort between Kuala Lumpur City Hall and Think City, aimed at transforming the nation's capital into a dynamic hub of culture and creativity. The Creative KL Grants Programme The Creative KL Grants Programme offers grants...