Wolo Hotel & Residences wins two Gold awards at China's CREDAWARD
Wolo Hotel & Residences in Mont Kiara, Kuala Lumpur, has won two Gold awards at the 12th CREDAWARD in Shanghai, making it the first Malaysian project to receive such recognition. The 60-storey hospitality-led development by Magma Group also earned an Industry Contribution Award.
PETALING JAYA (Sept 15): Wolo Hotel & Residences in Mont Kiara, Kuala Lumpur, has won two Gold awards at the 12th CREDAWARD in Shanghai, China. The project was the only Malaysian entry shortlisted this year, and the first Malaysian project to receive a Gold recognition based on the award's published records, said developer Magma Group Bhd in a statement on Monday (Sept 14).
The development received Gold in the Future (Concept) Project – Residential Project Under Construction category for its architectural concept by Bangkok-based Openbox Architects Co Ltd. Its exhibition centre, the Wolo Experience Lounge, secured a second Gold in the Demonstration Area Interior Design category for its interior design by Singapore-based 932 Design Group.
Magma Property Sdn Bhd, the property development arm of Magma Group, also received the Industry Contribution Award in connection with the project. Wolo Hotel & Residences is a 60-storey hospitality-led development comprising 378 private branded residences, 98 serviced suites and a 63-room boutique hotel, along with wellness and lifestyle facilities, dining outlets and hospitality services.
The project is being developed by Magma Kiara Sdn Bhd, a subsidiary of main market-listed Magma Group, on a 2.26-acre site along Persiaran Dutamas. It has an estimated gross development value of about RM850 million and is targeted for completion in the fourth quarter of 2030.
The architectural concept incorporates greenery, open spaces and human-centred areas into the high-rise development. The development expands the Wolo brand beyond Wolo KL, the group's boutique hotel in Bukit Bintang, into branded residences. Its boutique hotel is planned to operate as a member of Design Hotels, which participates in the Marriott Bonvoy programme.
The project involves consultants from Malaysia, Singapore, Thailand, China, Australia, Germany, Italy and the UK, and adopts the design concept of “Quiet Opulence”. Magma Group managing director and CEO Datuk Sri Thomas Liang Chee Fong said the awards recognised the project's design vision and the international collaboration behind it.
CREDAWARD, also known as the China Real Estate Design Award, was established by DJSER in China in 2014. According to the organiser, this year's edition received 935 submissions from 271 organisations, with international projects accounting for 10.41% of shortlisted entries, up 4.52 percentage points from the previous edition.
