KL48

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Ecofirst Consolidated Bhd Reports Impressive Q4 Results Fueled by KL-48 Project Sales

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...

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EcoFirst CEO: The units at KL48 in Chan Sow Lin are “considered CHEAP”

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...

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Kuala Lumpur: Infrastructure to be the catalyst

The 486-acre former Royal Malaysian Air Force base in Sungai Besi, which is just a 15-minute drive to the Kuala Lumpur city centre, is being redeveloped into Bandar Malaysia under a public-private partnership model. However, the process of selecting a master developer has not been a smooth one. The development agreement with the initial master developer โ€” a consortium comprising Iskandar...

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