Kuala Lumpur, 16 December: iProperty.com is Malaysia’s No.1 platform for all things property. “We are pleased to come away as Developer of the Year in this year’s iProperty People’s Choice Award. To be honoured with a hat-trick in this accolade shows great testament of the public’s trust in Mah Sing’s products. This is what keeps us motivated to continue to bring our brand to new heights for the rakyat.” said Tan Sri Dato’ Sri Leong Hoy Kum, Group Managing Director of Mah Sing Group Berhad.
Receiving the award on the Group’s behalf, Mah Sing’s Chief Executive Officer Ho Hon Sang said, “We would like to thank our customers for their continued support and for the confidence placed in us over the years – ultimately, it is them who have made this win possible. This award is truly a testament to our commitment to remain customer-focused in the delivery of high-quality products and sustainable communities, and we will continue to build on this brand trust.”
2016 marks 22 years of the Group’s success in Malaysia’s property scene. Mah Sing has grown from strength to strength since its first township in Ulu Yam, Selangor back in 1994. To date, the Group has a wide portfolio that spans across 4 hotspots in Malaysia. The Group sees a stronghold in the central region as Greater Kuala Lumpur occupies 69% of total developments with 32 projects (12 of which are completed), whereas southern region in Iskandar Johor sees a total of 7 projects. Penang Island and Sabah are the other 2 focused hotspots with 5 and 2 projects respectively.
The Group has always kept a close eye on market demographics, catering to the market’s needs for affordable housing with attractive price points. Overall, 89% of the Group’s residential launches in 2016 were priced below RM1million, with 68% priced below RM700,000 and 50% priced below RM500,000.
Mah Sing has kept their launches in line with their objective of providing affordable homes as the year saw the Group unveil Cerrado Residential Suites Tower A and B in Southville City@KL South, the final tower of Lakeville Residence in Taman Wahyu, as well as The Greenway Double Storey Link Homes in Meridin East@Pasir Gudang, Johor. Mah Sing also previewed D’sara Sentral’s OLO Serviced Residence in Sungai Buloh in November 2016.
*Image Caption: Team Mah Sing and Ho Hon Sang (centre with award) celebrate the Group’s win as Best Developer of the Year for 3 years consecutively.