Kuala Lumpur, April 16, 2015 – Mah Sing Group Berhad (Mah Sing) was recognized with the 2015 Frost & Sullivan Excellence in Growth Building Construction Industry Award, at an awards banquet held at the Mandarin Oriental recently.
Ms. Harpreet Kaur, Energy & Environmental Research Associate said that Mah Sing has managed to remain resilient in the challenging property development market in Malaysia with its market driven strategies.
She added that Mah Sing’s strategic and well-planned business model and strategies have translated into a strong CAGR of 28% from year 2010 to 2014.
“Mah Sing has also recorded the highest growth in the property development market in Malaysia with its proven strategy of creating high quality, affordable, and sustainable homes and properties,” she said, adding that the company’s developments are strategically located in key business and leisure locations.
Ms Kaur also said that in line with Malaysia’s vision to achieve a 40 per cent reduction in carbon emission by 2020, Mah Sing has actively incorporated green features in its products and adopted environmental friendly and sustainable construction practices to reduce its carbon footprint.
“We are honored to accept this award from Frost & Sullivan, a leading growth consulting company this achievement is attributable to my great and talented team at Mah Sing Further to building quality homes, it is my vision to build premier lifestyles. I am a believer of innovation and creativity,” said Mr. Ng Chai Yong, Chief Executive Officer of Mah Sing.
Mr Ng further added, “Life is about continuous learning and improvement and this is my motto. The world is constantly changing and as a market-driven developer, it is our trade to stay ahead of the market. We are committed to live up to our brand’s promise, which is to build a premier lifestyle for you.”
Incorporated since 1991 and listed on the Main Market of Bursa Malaysia, Mah Sing Group Berhad currently has 48 projects spread throughout Malaysia’s economic nexus and property hotspots, namely Kuala Lumpur and the Klang Valley, Seremban, Johor Bahru (Iskandar Malaysia) and Penang and Kota Kinabalu, Sabah. The Group has proven its versatility with a diverse range of projects, from medium to high-end landed residential properties to Grade A office buildings, retail projects, SoHo and industrial projects. For over two decades, Mah Sing has continuously created iconic developments that have won more than 100 domestic and global awards for product design, concept, innovation and quality. These lifestyle developments have also enabled Mah Sing to achieve one of the highest sales figures amongst property developers in Malaysia.