Mah Sing Group remains focused on affordable residential properties, while eyeing data centres and industrial market for growth
It is optimistic that industrial projects will benefit from Malaysia’s chairmanship of Asean next year
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RECOGNISED as a leading property developer in Malaysia, Mah Sing Group’s track record in new property sales has been impressive.
The group set a higher sales target of at least RM2.5 billion (S$755.5 million) for 2024 and, having already hit RM1.85 billion for the first nine months, is on track to achieve the full-year target, said founder and group managing director, Leong Hoy Kum.
For its last financial year ended Dec 31, 2023, the group achieved new property sales of RM2.3 billion, a 13 per cent increase compared to RM2 billion (excluding land sales of RM115 million) in 2022, and the highest property sales recorded since 2016.
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