EcoFirst Profit Falls As KL48 Approaches Completion EcoFirst Consolidated Bhd reported a sharp decline in earnings for the fourth quarter ended May 31, 2026, as lower progress billings from its KL48 condominium development in Sungai Besi reduced property development revenue. The group’s unaudited net profit fell 96.6% to RM485,000 from the corresponding quarter a year earlier. Quarterly revenue...
Chan Sow Lin
In a city where location, accessibility and lifestyle increasingly define property value, developments that align these elements tend to stand out over time. Rising within the evolving Chan Sow Lin district, KL48 is positioned as more than a conventional residential tower. It represents a shift toward integrated urban living, where proximity to employment hubs, transport connectivity and lifestyle...
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...
EcoFirst Consolidated Bhd's latest serviced apartment venture, KL48, nestled in Chan Sow Lin, Kuala Lumpur, offers exceptional value compared to other nearby projects that command around RM900 per sq ft. Datuk Tiong Kwing Hee, CEO of EcoFirst, stated that the company prides itself on competitively pricing its properties, keeping in view Bank Negara Malaysia's frequent revisions of the overnight policy...