Mah Sing kicks off Q1 2023 with the launch of “Mah Sing Secured” campaign. Image from: Mah Sing

Mah Sing Group Berhad (Mah Sing) ushered in 2023 with ‘Mah Sing Secured’ the first sales campaign of the year, which aims to reward homebuyers by offering them fixed interest rate, step-up payments scheme, attractive packages and incentives, as well as additional rewards to kick start their homeownership journey. The campaign will run from now until 31 March 2023.

Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “Mah Sing is optimistic about the property prospects for 2023 in view of robust demand for our recent launches of M Series properties, and the strong pipeline of upcoming launches with high registration of interests from buyers. The introduction of ‘Secured’ is timely as it provides the opportunity for prospective home buyers worry-free homeownership to hedge against inflation.”

“We wish to continue providing a seamless home buying customer experience through the ‘Secured’ campaign with our 13 participating projects. Bank Negara Malaysia’s projected GDP growth between 4%-5% in 2023, which along with continued economic growth and healthy employment conditions domestically, and the opening of global borders, will further boost sentiment for property buying. We believe that with the right products and timely campaign launches, the buying momentum for 2023 will remain resilient,” continued Tan Sri Dato’ Sri Leong.

5S (Secure, Step-Up, Save, Satisfy, Sweepstake) – Your life is made better with worry-free homeownership 

Healthy balance sheet and actively looking for land acquisition

Mah Sing’s Chief Executive Officer, Datuk Ho Hon Sang said, “Supported by our confidence in the M-Series of affordable homes, and backed by healthy balance sheets, we will continue to scout for and acquire new lands. Beyond 2023, the mid to long-term outlook remains positive supported by strong fundamental demand for properties due to the young demography. Demand for houses from the first-time homebuyers should remain sustainable and we are confident in achieving our sales target of minimum RM2.2 billion for this year.”

Home buyers will benefit from the exemption of 75% of stamp duty on the sales and purchase agreements of properties priced between RM500,001 to RM1 million (signed by 31 December 2023). Meanwhile, 100% of the stamp duty exemption for first-time homebuyers remains and is applicable for properties priced at RM500,000 and below. Mah Sing’s projects in these categories include:

Klang Valley

M Senyum, Salak Tinggi (Double storey terrace homes)
M Vertica Tower D & E, Cheras (High-rise residential)
M Arisa, Setapak (High-rise residential)
Sensory Residence @ Southville City, Bangi (High-rise residential)
M Oscar, Sri Petaling (High-rise residential)
M Astra, Setapak (High-rise residential)
M Luna, Kepong (High-rise residential)
M Adora, Wangsa Melawati (High-rise residential)
M Panora, Rawang (Double storey superlink homes)

Southern Region

Meridin East, Pasir Gudang, Johor (Double storey terrace homes)
Meridin @ Medini, Johor
i-Parc @ Tanjung Pelepas, Johor (Semi-detached/detached factory)

Northern Region

Ferringhi Residence 2, Batu Ferringhi (High-rise residential)

Mah Sing’s newly acquired land in 2022, M Minori will open for registration of interest soon.

(9 Jan 2023)