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I think the property market performed strongly in the third quarter of this year with over 112,000 transactions worth RM57.31 billion. Therefore, property stocks are rising
Ampang, being one of the well-established neighborhoods near Kuala Lumpur, has experienced steady growth in property values. EcoFirst's development is likely to boost land values further, drawing interest from both buyers and investors. Worth owning this stock
South City Plaza are contributing approximately RM14 million in annual revenue to the company but ECOFIRST short-term development focus will remain on the property business.
The future revenue from the sold units of KL48 amounts to RM591.66 million, while the ongoing sales of the remaining unsold units, totaling RM127.90 million, could offer Ecofirst substantial near-term earnings.
