28 SEPTEMBER, KUALA LUMPUR – Mah Sing Group Berhad (Mah Sing) lauds the 12th Malaysia Plan (12MP) themed “A Prosperous, Inclusive, Sustainable Malaysia” tabled by the government, as the five-year development roadmap outlines the strategic direction and key initiatives for the country to revitalise its economy post-pandemic, ensure a fair and equitable distribution of the country’s prosperity as well as preserving the environmental sustainability.
The 12MP also displays the government’s commitment to provide quality and affordable housing for the Malaysian, especially the B40 and M40 groups, which will see another 500,000 units of affordable homes to be built during the duration of 12MP. The government will also be enhancing the financing facilities such as Fund for Affordable Housing, Youth Housing Scheme and Rent-to-Own Program to ensure that the B40 and M40 groups are not burdened with instalment payments.
Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum shared, “We view the 12th Malaysia Plan positively as it emphasises on social welfare and protection of Malaysian as well as strengthening economic growth. This creates a conducive environment for the Rakyat and local businesses to build a strong foundation for the next five years as the nation works towards ensuring sustainable and inclusive economic development for all Malaysian. For the property industry, private sector can also echo the government’s initiative to offer more affordable homes for the B40 and M40, by playing our part to provide affordable homes in strategic locations with innovative layout which is appealing to the mass market.”
Extension of “Mah Sing NOW” campaign until 31 December 2021
Driven by the re-opening of more economic sectors under the National Recovery Plan and overwhelming interest towards the Group’s projects, Mah Sing announced that the Group will be extending its “Mah Sing NOW” campaign until 31 December 2021. The “Mah Sing NOW” campaign, which goes along with the national vaccination programme offers a three-pronged approach for home buyers to enjoy “THREE DOSES” of home ownership boosters, namely Own Now, Zero Now and Save Now, for selected units in the participating projects across the nation.
“The high vaccination rate and the opening of sales gallery has provided a much-needed impetus to the property industry as we see clear interest for our projects and observed a significant increase in footfall to our sales galleries. Home buyers are actively making appointments to visit our sales gallery to scout for their ideal home. We are strongly encouraged by the positive feedback and this boosts our confidence to extend the “Mah Sing NOW” campaign to ensure that all interested home buyers will be able to enjoy the perks that we offer. Having said that, all our sales galleries implement stringent SOPs adhering to the government’s guidelines. As we equip our sales galleries with 100% vaccinated workforce, we are committed to provide a safe environment for our customers, especially when we assist them in embarking on their exciting homeownership journey.” Tan Sri Dato’ Sri Leong Hoy Kum said.
The Group’s well-received “Mah Sing NOW” campaign was first rolled out in July this year, sharing “THREE DOSES” of home ownership boosters. The first “dose” is Own Now where the campaign provides easy entry for buyers – facilitating easy loan approval with Maybank Houzkey. This is followed by the second “dose”, Zero Now where the approach extends zero payments for buyers namely zero downpayment, zero payment during construction, as well as zero legal fees on SPA and loan.
Lastly, the whole process is complemented with the third “dose” namely Save Now which will see the campaign providing big savings with up to 50% off the monthly payments, savings on MOT and free furnishing. Additional cash incentive also awaits buyers who can prove that they are vaccinated or have registered for vaccination, by showcasing their vaccination certificate or appointment.
Tan Sri Dato’ Sri Leong Hoy Kum said, “As the country progresses rapidly towards achieving 90% vaccination rate among the adult population, our economy’s recovery momentum is accelerating. We hope the government will provide additional catalysts to the industry and incentives for home buyers by introducing more property friendly measures in the upcoming Budget 2022. We also hope that the country’s borders will open up soon, with suitable guidelines to enable cross border economic activities to resume, emulating other countries which have successfully re-opened for foreigners. This will increase the competitiveness of our country among the region and regain the foreigners’ interest towards our properties again, contributing to the revitalisation of the overall economy.”
The participating projects under Mah Sing NOW campaign are located at property hotspots such as Klang Valley, Johor and Penang. In Klang Valley, the projects are M Luna (Kepong), M Vertica (Cheras), M Adora (Wangsa Melawati), M Centura (Sentul), M Oscar (Off Kuchai Lama), M Arisa (Sentul), M Aruna (Rawang), Sensory Residence and Cerrado Suites @ Southville City (KL South).
For the Southern region, the participating projects are Meridin Bayvue (Sierra Perdana), Hazel, Orchid and Acacia @ Meridin East (Iskandar Puteri), Meridin Medini Condo (Iskandar Puteri), Meridin Medini SOVO (Iskandar Puteri), Meridin Medini 1 Retail (Iskandar Puteri), iParc (Tanjung Pelepas) and Ixora Park City @ Meridin East (Pasir Gudang). Whilst for the Northern region, Ferringhi Residence 2 (Batu Ferringhi) participates in this campaign.