Award Strengthens Mah Sing As A Malaysian Top Developer
Mah Sing also wins The Best Starter Home Award for M Luna; and the Most Heart-Warming CSR Initiative Award at the StarProperty Awards
Kuala Lumpur, 2022 – Mah Sing Group Berhad clinched the StarProperty All Star Award for the fifth time, recognised by StarProperty Awards’ judges and industry players as one of the top developers in Malaysia.
Another two awards conferred to the Group are Best Starter Home Award (Honour) – M Luna and Most Heart-Warming CSR Initiative Award.
The award ceremony held at Shangri-La Hotel Kuala Lumpur last night was graced by the Minister of Housing and Local Government, Yang Berhormat Dato’ Sri Reezal Merican Bin Naina Merican, and was attended by top property developers in Malaysia.
Mah Sing’s Group Chief Executive Officer, Datuk Ho Hon Sang says, “We are proud to be recognised by StarProperty as one of the top ranked developer in the country for the fifth time.
“This is a testament that we are on the right track by designing fit-for-purpose quality product options in prime locations with easy access to amenities, good connectivity and ready infrastructures that fits homebuyers’ need and meets market demand.”
“Our fast turnaround and nimble business model from land acquisition to launch and vacant possession is our key to success, which makes us quick to adapt to the challenging market conditions. We will continue to reinvent spaces and enhance the lives of surrounding communities, to maintain our product leadership position in affordable homes,” Datuk Ho adds.
With upcoming launches in second half of 2022 which include M Astra in Setapak, M Panora in Rawang, remaining phases for Ferringhi Residences in Penang and double storey link homes in Meridin East, Johor Bahru, Mah Sing is on track to achieve its 2022 sales target of RM2billion.
M Luna – The Starter Home Award
M Luna is Mah Sing’s second high-rise residential development in Kepong, strategically situated adjacent to the Forest Research Institute Malaysia and the 253 acres Kepong Metropolitan Park.
Launched in 2020, M Luna recorded 95% take-up rate, indicating that demand for affordable properties in the area remains high. As one of Mah Sing’s affordable M series, M Luna received encouraging response from homebuyers due to its strategic location, affordable price point and practical layout, hence winning the Best Primary Home Development under The Starter Home Award.
Mah Sing’s Chief Executive Officer of Property Subsidiaries Yeoh Chee Beng says, “To replicate the success of M Luna, we officially launched our M Nova sales gallery in July. M Nova is Mah Sing’s third project located within the neighbourhood of Selayang and Kepong after Lakeville Residence and M Luna, with gross development value (GDV) of approximately RM790 million.
“M Nova is planned to be a mixed development with 3 blocks of serviced residences. The development comprises 3 layouts from 700sq ft to 1,000sq ft, with an indicative selling price from RM318,000. The mixed development also comes with retail lots and drive-through retail.”
M Nova sales gallery in Taman Wahyu, Kepong was officially launched in July 2022. Visitors can explore more about M Nova project through its fully furnished show units and scale models displayed at the sales gallery.
StarProperty Readers’ Choice Award
“We are honoured to receive the Most Heart-Warming CSR Initiative Award which recognises the company’s CSR initiatives and contributions in community services. This encourages us to continue our efforts in helping the underprivileged and giving back to the society. Since 2005, Mah Sing Foundation has disbursed more than RM24.7 million and impacted more than 297,000 individuals through various initiatives and programmes,” shared Datuk Ho.
Mah Sing Foundation forges strategic partnerships with NGOs and other local bodies who understand the communities’ difficulties and formulate programmes aimed at empowering the underserved communities to break from the cycle of poverty. The foundation also fund initiatives in line with its three pillars – Education, Health & Wellbeing and Family & Community, with a focus on children and local communities.
Moving forward, Mah Sing’s strategic focus will be on adopting good practices to improve our ESG compliance and setting a more robust sustainability goals for the future. The company will continue to pursue the journey on promoting homeownership and be the trusted developer for all Malaysians.