Strong Demand Drives 90 Per Cent Take-up For Mah Sing's M Grand Minori Phase 1 Tower A
JOHOR BAHRU, Aug 6 (Bernama) -- Mah Sing Group Berhad (Mah Sing) has achieved a significant milestone with the launch of its M Grand Minori project, the first development under its premium M Grand Series in Johor.
Mah Sing Group chief executive officer and executive director Datuk Voon Tin Yow said the project, with an estimated Gross Development Value (GDV) of RM1.5 billion, received an encouraging response, with Phase 1 of Tower A, comprising 843 serviced apartment units, achieving a 90 per cent take-up rate over a single weekend.
He said the freehold mixed-use residential and commercial development spans 5.99 acres in the established neighbourhood of Taman Pelangi here, and is strategically located just three kilometres from the upcoming Bukit Chagar Johor Bahru-Singapore Rapid Transit System (RTS) Link station.
'Its strategic location near the Bukit Chagar RTS Link station will provide a direct five-minute connection to Singapore's Woodlands North and is well-positioned to tap into the growing demand driven by enhanced cross-border connectivity.
'In addition, we are seeing increasing interest in homes that offer upgraded features, greater convenience and a more premium living experience. The M Grand Series is crafted to meet these expectations, allowing us to cater to a broader range of homebuyers while staying ahead of evolving market trends,' he said at the launch of the M Grand Minori Johor Bahru Sales Gallery here today.
Meanwhile, Mah Sing chief operating officer James Lim Chee Meng said the two-phase project is expected to be completed in the third quarter of this year, with Phase 1 comprising a retail podium and two towers of serviced apartments, with built-up areas ranging from 403 to 835 square feet.
He said the project offers a variety of layouts, including studio, one- to three-bedroom units, with selected units featuring a dual-key concept.
'This project also offers partially furnished units, catering to move-in-ready buyers, upgraders, working professionals, investors and cross-border commuters seeking convenience, mobility and city access,' he said.
Lim said the project is designed to offer a lifestyle that reflects the needs of today's urban dwellers — smart, connected and convenient — with 41 facilities provided, including an infinity pool, gym, co-working lounge, yoga deck, multipurpose hall and children's play areas.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
7 minutes ago
- Barnama
Dialog Group Net Profit For FY2025 Slips To RM303.83 Mln
BUSINESS KUALA LUMPUR, Aug 20 (Bernama) -- Dialog Group Bhd's net profit for the financial year ended June 30, 2025 (FY2025) slid to RM303.83 million compared to RM575.03 million recorded in FY2024. Revenue fell to RM2.5 billion from RM3.15 billion previously, the group said in a filing with Bursa Malaysia today. It said the weaker full year performance was primarily impacted by the loss after tax reported in the second quarter, largely due to the one-off impairments in petrochemical and renewable projects, and engineering, procurement, construction and commissioning (EPCC) projects cost overruns. For the fourth quarter ended June 30, 2025 (4Q 2025), the group registered a higher net profit of RM147.38 million from RM138.42 million registered in 4Q 2024, while revenue fell to RM608.34 million from RM810.07 million previously. The higher profit was driven by contributions from both Malaysia and International operations, as well as share of profits from the group's joint ventures and associates, it said. On its outlook, it said the group will continue to grow its presence through the development and rejuvenation of oil and gas fields for upstream business. For its downstream business, the group will continue to leverage its strengths and established track record in integrated technical services comprising EPCC, plant maintenance and catalyst handling services, and specialist products and services. 'The group will take a cautious and selective approach to bidding for EPCC contracts, prioritising in-house projects,' it said. -- BERNAMA
Barnama
39 minutes ago
- Barnama
INDex POLYCC Platform To Bridge Gap Between Industry Needs, Education Sector - MOHE Sec-Gen
KUANTAN, Aug 20 (Bernama) -- The Industry Nexus POLYCC (INDex POLYCC) 2025 programme can serve as a platform to bridge the gap between the nation's educational output and industry needs, said Ministry of Higher Education (MOHE) secretary-general Datuk Dr Aneese Ibrahim. He said the programme, which brought together lecturers and students from all polytechnic institutions and community colleges, as well as industry players, also served as a catalyst for innovation in Technical and Vocational Education and Training (TVET) through a collaborative and forward-looking approach. 'Its implementation is also expected to have a comprehensive impact on students, lecturers, institutions, industry and the community.
Barnama
39 minutes ago
- Barnama
80 Hectares Of Silicon Island Reclaimed So Far -PIC
GEORGE TOWN, Aug 20 (Bernama) -- Reclamation works for Silicon Island have passed the 80-hectare mark, marking steady progress for the largest land reclamation project in Penang to date. The project, which covers a total area of 930.78 hectares, is being developed in two phases, namely 510 hectares under Phase 1 and the remaining 420.9 hectares under Phase 2, with reclamation starting in September 2023. Penang Infrastructure Corporation Sdn Bhd (PIC) chief executive officer Datuk Seri Farizan Darus said the 80-hectare milestone was a positive sign that the project was progressing according to plan, and it was not just about physical progress. 'This project is designed to be a driver of Penang's long-term growth by combining world-class infrastructure, sustainable development practices and community-oriented facilities. 'It will also open up new opportunities for investment, innovation and employment, while ensuring that the local community benefits from better facilities,' he said in a statement today. On the development of the Social Impact Management Plan (SIMP), Farizan said a total of RM11.7 million in ex-gratia payments had been channelled to 791 eligible fishermen, thus strengthening the state government's commitment to the welfare of fishermen. Apart from cash assistance, he said the government had also implemented a boat and engine assistance scheme as part of its ongoing efforts to provide financial guarantees and modern equipment to local fishermen to ensure they can continue their livelihoods more effectively. 'To date, 118 out of 295 active fishermen who own boats have received new boats and engines, with a total expenditure of almost RM10 million,' he said. Earlier, the Yang Dipertua Negeri Tun Ramli Ngah Talib and his wife Toh Puan Raja Noor Ashikin Raja Abdullah visited the project site to witness the achievements and crossed to the island using a 378m temporary iron bridge built at Permatang Damar Laut.
