Malaysia’s only shortlisted project secures two Gold Awards, while Magma Property receives the Industry Contribution Award at the 12th CREDAWARD in Shanghai
SHANGHAI, CHINA, 14 September 2026 — Wolo Hotel & Residences, Mont Kiara KL has made history as the first Malaysian project to win Gold at CREDAWARD, securing two Gold Awards at the 12th CREDAWARD in Shanghai. Magma Property Sdn Bhd, the property development arm of Magma Group Berhad, was also presented with the Industry Contribution Award.
The achievement is particularly significant as Wolo was the only Malaysian project shortlisted this year. Based on CREDAWARD’s published winner records, it is also the first Malaysian project to receive Gold since the awards were established in 2014.
In addition to Wolo’s two Gold Awards, Magma Property Sdn Bhd received the Industry Contribution Awardin recognition of its contribution to the industry through Wolo Hotel & Residences, Mont Kiara KL. The award further acknowledges the company’s role in bringing together hospitality expertise, property development and international design collaboration through the project.
The development received Gold in the Future (Concept) Project – Residential Project Under Construction category for its architectural concept developed by Bangkok-based Openbox Architects Co., Ltd., the concept architect of Wolo Hotel & Residences, Mont Kiara KL.
The Wolo Hotel & Residences, Mont Kiara KL Exhibition Centre, known as the Wolo Experience Lounge, received a second Gold Award in the Demonstration Area Interior Design category. The award recognises the interior design by Singapore-based 932 Design Group, the interior designer of the private branded residences and Wolo Experience Lounge.
The three recognitions come while the development remains in the early stages of construction, affirming the strength of its design vision and the wider industry contribution behind the project ahead of completion.
Wolo Hotel & Residences, Mont Kiara KL is a 60-storey hospitality-led development bringing together 378 private branded residences, 98 serviced suites, a 63-room boutique hotel, wellness and lifestyle facilities, dining and hospitality services within one integrated environment.
Designed as an evolution of the Wolo brand, the development brings the experience, service culture and design sensibility of hospitality into residential living. Rather than treating the hotel and residences as separate components, the project is conceived as a connected ecosystem shaped around how people live, gather, recharge and experience the city.
Developed with Openbox Architects Co., Ltd., its architectural concept balances the scale of a high-rise development with openness, greenery and human-centred spaces. The architecture establishes the foundation for an integrated hospitality environment while creating a distinctive identity within the Mont Kiara and Dutamas skyline.
Created with 932 Design Group, the Wolo Experience Lounge translates the project’s hospitality-led philosophy into a physical experience. More than a conventional property sales gallery, the space introduces visitors to Wolo’s approach to materiality, atmosphere and residential living while reflecting the warmth and character of the brand.
“To become the first Malaysian project to receive Gold at CREDAWARD, take home two Gold Awards and see Magma Property recognised with the Industry Contribution Award in the same year is deeply meaningful to us and everyone who has helped shape this project,” said Dato’ Sri Thomas Liang Chee Fong, Group Managing Director and Chief Executive Officer of Magma Group Berhad.
“We were recognised alongside projects involving some of the world’s most established architectural and design practices. This demonstrates that a Malaysian-born hospitality brand, supported by international design collaboration, can stand confidently on the global stage.
“More importantly, these awards recognise the thinking behind Wolo: that architecture, interiors and hospitality should come together not only to create something beautiful, but to improve how people experience everyday living.”
Wolo Hotel & Residences, Mont Kiara KL builds upon the identity of its award-winning sibling, Wolo Kuala Lumpur, a lifestyle boutique hotel in the heart of Bukit Bintang. The new development marks the brand’s evolution from boutique hospitality into hospitality-led residential living, where design is intended to deliver not only visual distinction, but also liveability, experience, operational intelligence and long-term value.
The recognition reflects Magma Group’s broader strategy of combining its experience in hospitality operations, property development and lifestyle businesses to create distinctive, experience-led developments.
