logo
#

Latest news with #VoonTinYow

Mah Sing sets stage for exciting second half of 2025 with RM3.3bil new launches
Mah Sing sets stage for exciting second half of 2025 with RM3.3bil new launches

New Straits Times

time2 days ago

  • Business
  • New Straits Times

Mah Sing sets stage for exciting second half of 2025 with RM3.3bil new launches

KUALA LUMPUR: Mah Sing Group Bhd is set for a dynamic second half of 2025, with over RM3.3 billion worth of new property launches planned across Malaysia, with Johor taking centre stage. With accelerating infrastructure developments and growing interest from both Singaporean and local buyers, the developer is set to roll out a series of residential projects in the southern region, designed to deliver lifestyle, strong value, and sustainable long-term growth. "We've had a strong presence in Johor since 2000 and will continue to strengthen our operations and broaden our footprint there. The state has the potential to be one of the most liveable, well-connected and economically vibrant regions in the country, which makes it the ideal place for our next wave of developments," said Mah Sing's group chief executive officer and executive director, Datuk Voon Tin Yow. With over RM1 billion in sales recorded in the first five months of the year, the group is on track to meet its RM2.65 billion sales target. Mah Sing's strategic pivot in Johor builds upon the state's rising economic significance, proximity to Singapore, and the upcoming Johor-Singapore RTS Link – all of which position it as a key growth engine. M Grand Minori elevates urban living Leading the launches in Johor is M Grand Minori, the inaugural development in Mah Sing's new M Grand Series. With a gross development value (GDV) of RM1.5 billion, this freehold development occupies a prime 2.42-hectare (ha) parcel in Taman Pelangi, just 3 km from the upcoming Bukit Chagar RTS Link station, which will connect Johor Bahru to Singapore's Woodlands North in just five minutes. Targeting urban professionals, investors, and cross-border commuters, M Grand Minori offers a mix of serviced apartments and retail units designed for modern lifestyles. The development includes thoughtfully planned layouts, including dual-key options, that cater to investors seeking rental returns as well as multi-generational families. Surrounded by malls, hospitals, and top-tier schools, and connected via major highways like Tebrau, EDL, and the North-South Expressway, M Grand Minori offers the ideal blend of location, convenience, and modern city living. M Tiara 2: Gated living for growing families M Tiara 2 is a 40.63 ha residential development in Skudai with an estimated GDV of RM1.45 billion. Building on the success of the earlier M Tiara phase, the new project is designed to offer a wider range of housing options. Targeted for launch in Q4 2025, M Tiara 2 will feature a thoughtfully curated mix of double-storey terrace homes (from RM771,600), serviced apartments (from RM253,000), and cluster homes within a gated and guarded community. It will include shop offices. Nestled between the matured Mutiara Rini and Lima Kedai townships and 2.5 km from major commercial hubs, M Tiara 2 is an ideal choice for discerning families and upgraders looking for more space, better connectivity, and long-term value in southern Johor. Meridin East: A thriving township for families and investors Mah Sing's landmark 531.35 ha freehold township in Johor Bahru, Meridin East, is positioned just 2 km from the Senai-Desaru Expressway. This vibrant community is expanding with the much-anticipated launch of Allamanda Phase 6, Jasmine 3, and Ixora Park City in the second half of 2025. Stylish double-storey terrace homes in Allamanda Phase 6 and Jasmine 3 are attractively priced from RM499,000 and RM620,000, respectively – ideal for upgraders and young families seeking space, comfort and value. Meanwhile, Ixora Park City's shop offices, starting from RM775,000, offer an exciting opportunity for business owners and investors to tap into a growing community. Featuring a 9-acre scenic lake park and gated precincts, Meridin East is ideal for those seeking a safe, spacious, and nature-integrated lifestyle. Its strategic location provides direct access to Johor Bahru, Singapore, and key commercial zones within Iskandar Malaysia. A 42-acre industrial parcel is also power-ready and capable of supporting a 300MW building load. This site provides flexibility for data centre players or industrial users seeking scalable infrastructure in the southern region.* Mah Sing ramps up Klang Valley and Penang projects In the Klang Valley, Mah Sing continues to expand its M Series with accessible, well-located homes. In Semenyih, the 500-acre M Legasi township (GDV: RM3.3 bil) will launch Impira Phase 2 in August 2025, following strong take-up of Phase 1. Prices start from RM648,000 for double-storey terraces. Also progressing is M Aspira in Taman Desa (GDV: RM850 mil), just 5 km from Mid Valley, with serviced residences from RM452,000, while nearby Residensi Suria Madani offers affordable units from RM200,000. Both will benefit from a new road link enhancing access to key highways. Upcoming launches include M Aurora on Old Klang Road (GDV: RM660 mil), a transit-oriented project with twin 37-storey towers, and M Aria in Sentul (GDV: RM283 mil), offering family-sized apartments from RM498,000. Penang: M Zenni Launching in Batu Maung In Batu Maung, Penang, Mah Sing is launching M Zenni (GDV: RM309 mil), a freehold mixed-use project with 494 serviced apartments, near the Second Penang Bridge and close to Penang Silicon Island and the Free Industrial Zone. A sales gallery with show units opens in August 2025.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store