Latest news with #MGrandSeries
The Star
4 days ago
- Business
- The Star
WHERE CONNECTIVITY MEETS PREMIUM LIVING
A NEW chapter opens in premium residential living among the coveted neighbourhoods of Johor Baru. Enter M Grand Minori, Mah Sing Group's latest inaugural project under its M Grand Series, which scored an impressive take-up rate of 90% for its Phase 1 tower A during its opening weekend. This isn't just another project opening – it's a testament to the shifting dynamics of Johor's real estate market and the growing demand for sophisticated, connectivity-driven developments. 'We are seeing increasing interest in homes that offer upgraded features, greater convenience, and a more premium living experience,' said Mah Sing founder and group managing director Tan Sri Leong Hoy Kum. This insight drives the M Grand Series philosophy, positioning developments like M Grand Minori to meet evolving market expectations while staying ahead of trends. As Johor cements its role as a regional hub, M Grand Minori stands ready to meet the rising demand for quality homes in Johor's fast-evolving urbanisation. See M Grand Minori come to life at Mah Sing's M Grand Minori Sales Gallery in Taman Pelangi, Johor Baru. Versatile living spaces Priced from RM390,000, this freehold mixed-use residential and commercial development spans a total of 2.42ha (5.99 acres) in the mature neighbourhood of Taman Pelangi, Johor Baru. Phase 1, featuring Tower A and Tower B, spans 1.39ha (3.44 acres) and is targeted for launch in the third quarter of 2025, with full completion expected by the third quarter of 2030. Soaring at 59 storeys high per tower, phase one houses a total of 1,733 units. They come partially furnished with air-conditioning, water heater and kitchen cabinet with hob, hood and sink, ready for move-in by Q3 2030. The units come in a variety of layouts including: > Type A (studio) – 403sq ft > Type B (one bedroom, one bathroom) – 496sq ft > Type C (dual-key with one bedroom, two bathrooms) – 624sq ft > Type D/D1 (one + one bedrooms, one bathroom) – 630sq ft > Type E (dual-key with three bedrooms, two bathrooms) - 835sq ft From the 403sq ft studios to the spacious 835sq ft units, these units have something for all walks of life – be it a young working professional who works in the city, rental investors, Singapore-bound commuters or even Singaporeans seeking a weekend or retirement home across the Causeway. The apartment's express ramp lets residents swiftly access parking spaces in the multi-level car park, eliminating the hassle of navigating through tight and cramped carpark spaces. And if you own an electric vehicle (EV), the apartment is equipped with EV charging stations so that you can recharge your car as soon as you park it. M Grand Minori elevates the premium living experience with its resident-centric services including concierge support and parcel management in both towers. The concept of 'iki-mado'– loosely translated as 'window to live' — draws from the traditional shoji, the signature Japanese sliding door with latticed screens. Simple, calm, beautiful At M Grand Minori, you'll find quiet comfort, thoughtful details in a home that makes living feel balanced and natural every day. Drawing from the Japanese concept of 'iki', each home within M Grand Minori is designed with three concepts in mind: simple, elegant and effortlessly stylish. This isn't merely aesthetic preference – it's a thoughtful response to modern urban living challenges. As living spaces evolve to become both a sanctuary and a workplace, these Japandi-inspired interiors provide the space to reclaim our leisure time in the midst of urban intensity. Such spaces also provide the space to reclaim our self-expression in its simplicity. Its sculpting skylines diffuse light into the space in gentle light, inviting an abundance of natural light into each home that fosters an airy yet luminous living environment. These green renewable energy-certified living spaces are supported by smart building features, which includes a rainwater harvesting system as well as an automated waste collection system to support smart yet sustainable living. Curated living experience A remarkable 0.769ha (1.9 acres) elevated paradise featuring up to 41 planned facilities sits within the vertical village, striking a balance between relaxation and productivity. These aren't just amenity provisions – it's community building at its finest that are thoughtfully designed and always inviting. The 35m swimming pool offers residents panoramic views of the city while the zen garden and meditation deck provide residents a tranquil break from the intensity of urban life. Fitness enthusiasts can choose between the fully-equipped gym and outdoor fitness station, or the multipurpose hall to have a go at badminton, pickleball or basketball. Young residents can also enjoy an abundance of recreational options at the apartments, including a playground, indoor playroom room and water play areas to keep them active and occupied. Residents can bond over social spaces such as karaoke room and games room, BBQ terrace and chilling lounge, as well as the dining deck, while remote workers may find delight in the co-working space. The development's commitment to inclusive living is reflected in the inclusion of a dedicated surau within the residence to address specific residents' spiritual needs. Amenities within your reach Essential services such as groceries, F&B outlets, clinics, and a dedicated childcare centre can be found on the ground floor commercial units to support a self-contained community on top of enhancing daily convenience. Its proximity to key amenities such as public and private educational institutions, healthcare institutions, leisure and retail and other recreational and civic amenities. Columbia Asia Hospital, SMK Taman Pelangi, Foon Yew High School, JB City Square, Mid Valley Southkey, Tiara Sport World, Menara MBJB, Stulang Beach, Taman Pelangi Police Station and the Johor Baru Fire and Rescue Station are all within reach for a secure, worry-free urban living. Residents can also enjoy the proximity to the Bukit Chagar RTS station that connects Johor Baru directly to Singapore's Woodlands North in under five minutes, strategically located just 3km from the station. But if you're one who relies on public transport, the residence has a dedicated shuttle service to the Johor Baru Checkpoint (CIQ) and the Bukit Chagar RTS station, offering a daily cross-border experience for its residents. With its strategic location, M Grand Minori is set to benefit from Johor's enhanced connectivity and economic growth. Legacy of achievements Since launching their first township in 2000, Mah Sing has maintained Johor as their second largest regional development after Klang Valley, with a developmental track record spanning over two decades in the state. 'With its proximity to Singapore, ongoing infrastructure enhancements, growing investor confidence and strong demand from both local and international buyers, we will continue to explore land acquisitions and new opportunities for township, industrial, M Series, and future M Grand Series developments,' said Leong. For more information, interested homebuyers can contact 07-291 3226 or visit M Grand Minori's official portal at or visit M Grand Minori Sales Gallery in Taman Pelangi, Johor Baru to explore the show unit, scale and landscape models.
The Star
10-08-2025
- Business
- The Star
90% take-up rate for housing project over a weekend
Lim (fourth from left), Voon (third from right) and Leong (fourth from right) with other VIPs at the opening of M Grand Minori sales gallery in Taman Pelangi, Johor Baru. — THOMAS YONG/The Star MAH Sing Group Bhd (Mah Sing) is banking on the strategic location of its latest project in Johor Baru – M Grand Minori under its premium M Grand Series. Its chief operating officer (southern region) James Lim said its close proximity to Rapid Transit System Link (RTS Link) connecting Johor Baru and Singapore was another strong selling point for the development project. 'The project has thus far received an encouraging response, with Phase One of Tower A achieving a 90% take-up rate over a weekend,' he said. Lim said the company was looking at Malaysian professionals working in Singapore, Singaporeans, affluent Indonesians, first-time buyers and those looking to downsize especially senior citizens, as potential buyers. He said this at the opening of M Grand Minori sales gallery in Taman Pelangi, located 3km from the Bukit Chagar RTS Link station. Lim said the RTS Link, expected to start operation in the first-quarter of 2027, will ease the infamous traffic crawls at the Causeway. 'This will enhance connectivity and accessibility between Johor Baru and Singapore and augurs well for the economic growth for this part of the region,' he added. Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the strong take-up rate showed that the project resonated strongly with property buyers. The project, he said, was well positioned to tap into growing demand driven by enhanced cross border connectivity. 'Johor has always been an important market for us; it is our second largest development after Klang Valley,' said Leong. The company, he said, has maintained a strong presence in the state since launching its first township in Johor Baru, namely Taman Sri Pulai Perdana in 2000. Mah Sing group chief executive officer and executive director Datuk Voon Tin Yow said the development was designed to offer a lifestyle that reflected the needs of today's urban dwellers – smart, connected and convenient. The Johor-Singapore Special Economic Zone (JS-SEZ), he said, was set to attract foreign investments and global companies in high-growth sectors like electronics and renewable energy. 'As Johor cements its role as a regional hub, M Grand Minori stands ready to meet the rising demand for quality homes in this vibrant and fast evolving location,' added Voon. The freehold mixed-use residential and commercial project spans 2.42 hectares in Taman Pelangi with an estimated gross development value of RM1.5bil. Phase One of the project comprises two towers of serviced apartment and nine retail lots – Tower A (59 levels with 843 units) and Tower B (59 levels with 890 units) with target launch in the third quarter of 2025. The five unit types available are 403sq ft (RM390,000), 496sq ft (465,000), 624sq ft (RM591,000), 630sq ft (RM609,000) and 835sq ft (RM769,000). The sales gallery located at Taman Pelangi, Johor Baru is open from 9.30am to 9pm daily. For details, contact 07-291 3226 or visit
New Straits Times
10-08-2025
- Business
- New Straits Times
KLCC land buy to bolster Mah Sing's landbank, near-term earnings
KUALA LUMPUR: Mah Sing Group Bhd's recent acquisition of prime freehold land in the KLCC area is expected to bolster its landbank and improve its near-term earnings, said CGS International Research. Mah Sing has proposed to acquire a 0.60-hectare (ha) prime freehold plot in the KLCC precinct from Malayan United Industries Bhd for RM260 million. This acquisition translates to a land cost of RM4,019 per square foot, which falls within the historical range of RM4,000 to RM7,000, according to the management. CGS International Research views the land deal positively but believes the announcement may not be enough to significantly lift the group's share price, given the modest impact on its revised net asset value (RNAV). "Based on a pre-tax profit margin assumption of 20 per cent and full take-up by the end of the financial year 2028 (FY28), we estimate this new redevelopment project could raise our RNAV by eight sen, or 3 per cent. "We also expect the group's net gearing to remain manageable at 19 per cent, from 0.17 times as of the end of the first quarter FY25, after the completion of the land acquisition, given its healthy operating cash flows," it said. CGS International Research said it was encouraged by the strong response to the recently launched M Grand Minori, the group's first project under its premium M Grand Series, with a gross development value of RM1.5 billion. M Grand Minori is a freehold mixed-use residential and commercial development spanning 2.42ha in Taman Pelangi, Johor Bahru. It is strategically located within three kilometres of the upcoming Bukit Chagar Rapid Transit System (RTS) station. "According to Mah Sing, the project has achieved an impressive 90 per cent take-up rate for Phase 1 of Tower A within two days of the launch. "This reflects the robust property demand in Johor Bahru, boosted by the upcoming completion of the RTS and the anticipation of accelerated economic growth driven by the Johor-Singapore Special Economic Zone. "We reiterate our 'Add' recommendation with an unchanged target price of RM1.75 on the stock, pending completion of the land acquisition, as we believe its fundamentals remain intact despite recent market concerns over its data centre venture," it added.
Barnama
07-08-2025
- Business
- Barnama
Mah Sing Shares Up After M Grand Minori Launch In Johor
KUALA LUMPUR, Aug 7 (Bernama) -- Mah Sing Group Bhd shares rose in early trade on Thursday, following the launch of its M Grand Minori project in Johor. At 10.13 am, the counter gained two sen to RM1.21, with 1.21 million shares traded. The project marks the first development under the company's premium M Grand Series in Johor, with an estimated gross development value of RM1.5 billion.
Barnama
06-08-2025
- Business
- Barnama
Strong Demand Drives 90 Per Cent Take-up For Mah Sing's M Grand Minori Phase 1 Tower A
GENERAL 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.
