5 October, KUALA LUMPUR – Mah Sing Group Berhad (Mah Sing) is recognized and awarded by the internationally renowned finance magazine Euromoney the 14th Annual Real Estate Survey for Best Developer – Mixed Used Sector in Malaysia, 2018. Euromoney Magazine’s 14th Real Estate Survey canvassed the opinion of real estate advisors, investment managers, corporate end-users and banks.
This year marks the fifth consecutive year that Mah Sing has been awarded by Euromoney, and this is the first time Mah Sing bagged the Best Developer – Mixed Used Sector in Malaysia. The Group previously won other accolades by Euromoney Magazine which include Euromoney’s Best Developer Overall in Malaysia (four times) and Euromoney’s Best Managed Company in Malaysia (2013).
Mah Sing‘s Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum shared “Mah Sing is very honoured to receive this prestigious award by Euromoney Magazine. This award boosts our confidence as a property developer in developing mixed used properties. It is also a great testament to the Group’s vision to reinvent spaces and enhance the life of our buyers.”
Euromoney Magazine’s Senior Manager – Asia and Global Head of Real Estate markets, Marcus Langston explained, “The continuing prominence of Asia in global and regional real estate markets has created new growth opportunities for Asian developers. Mah Sing has created a respected, well-recognized regional brand and is increasingly viewed by a global investor pool to be one of Malaysia’s leading private enterprises. Mah Sing is widely recognized as one of the most dynamic, successful, well-capitalized companies in Malaysia, well-positioned for international expansion and comparable to the best regional and global Real Estate developer peers”
Mah Sing’s biggest township – Meridin East, Johor
This is Mah Sing’s largest masterplanned community development with 1,313 acres of land in Eastern Iskandar Malaysia. The development has direct access or links to major highways like Pasir Gudang Highway, Senai-Desaru Highway and JB East Coast Highway.
In the year under review, Mah Sing committed to building a connecting road from Senai-Desaru highway into Jalan Kong Kong, as well as successfully carrying out road works into widening Jalan Kong Kong.
“This largest township of Mah Sing in Johor consists of high rise residential, hotels and retails shops, with an estimated GDV of RM5 billion. In line with Mah Sing’s tagline, we want to Reinvent Spaces. Enhance Life of our buyers, by living in a self-sustained township,” shared Tan Sri Dato’ Sri Leong Hoy Kum.
Mah Sing’s biggest township in Klang Valley – Southville City, KL South
The township spans 428 acres with a GDV of RM11.1billion. Upon completion, Southville City will house more than 15,000 homes as well as commercial spaces. The mixed-use masterplanned community aspires to create a sustainable, conducive and safe environment for multi-generation living.
Southville City’s current residential phases include Avens Residence, Savanna Executive Suites, Cerrado Residential Suites and Sensa Residence. Avens Residence, 2 ½ storey and 3 storey link homes with built ups 2,988 sq ft & 3,438 sq ft has been completed with Vacant Possession (VP) and Savanna Executive Suites, with built ups from 956sf 960sf and 1,017sf are also completed with ongoing Vacant Possession (VP).
With the completed direct interchange from North-South highway to the township, it will enable buyers to experience significant ease in travelling in and out of the township as the direct access will make the township only a 19km drive away from Kuala Lumpur City.
Subscribers to Euromoney can access all of the rankings online at www.euromoney.com.