Buyers viewing the development’s scale model at the new M Senyum sales gallery located at Salak Tinggi. Image from: Mah Sing

Mah Sing Group Berhad (Mah Sing) Phase 1 Camellia comprising 262 units of double-storey terrace homes valued at a total of approximately RM144.48 million were fully taken up. Due to the overwhelming response for these landed homes, 270 units of Phase 2 - Camellia 2 are now available for registration of interest.

M Senyum is a 100-acre landed residential development located at Salak Tinggi, comprising a total of 1,176 units of double-storey terrace homes. Camellia and Camellia 2 comprises of built-up from 1,555 sq ft to 1,761 sq ft and priced from RM450,000, with 4 bedrooms and 3 bathrooms.

The enitre development with a total GDV of approximately RM656 million offers affordable countryside living amidst lush greenery and a practical layout for homebuyers, equipped with lifestyle amenities and accessibility to major highways and public transportation.

Mah Sing’s Chief Executive Officer, Property Subsidiaries, Benjamin Ong Chin Yee said, “As a people-oriented developer, we are confident that this product will be well accepted by the market. At the new M Senyum sales gallery located at Salak Tinggi, customers are able to view the development’s scale model, gauging what the newly launched product has to offer.”

“Again, the launch of M Senyum Camellia augurs well for the Group’s quick turnaround business model, subsequent to its land acquisition last year. We believe that the demand for landed properties at strategic locations remains high and this product is timely to meet the market demand. We are confident that the following phases will receive similar response as well due to its good connectivity and ready amenities within the vicinity,” Benjamin continued.

Mah Sing’s 2H2022 Outlook

Mah Sing is optimistic that its other property projects will continue to gain traction from the buyers due to their strategic locations, affordable price points and well-designed features that are aligned with current market demand. The Group has a strong pipeline of 21 projects to support 2022 sales growth and upcoming launches for the second half of 2022 include M Astra in Setapak, M Nova in Kepong, M Panora in Rawang, remaining phases for Ferringhi Residences in Penang and double storey link homes in Meridin East, Johor Bahru.

Aside from upcoming launches, the Group also aims for higher vacant possession (VP) in 2022 to generate additional cash flow. Mah Sing’s M Vertica Tower A & B in Cheras will be handed over to its purchasers in Q2 2022, which is ahead of the delivery date, while VP for Sensory Residence Phase 1 of Southville City will be starting from June 2022.

In recent years, Mah Sing has been increasing its presence in Klang Valley through acquisitions of strategic lands. The company is constantly on the lookout for new land, with a focus on strategic land banks in Greater KL, Klang Valley, Penang and Johor that are ideal for affordable products. Aside from these locations, the Group is also scouting for attractively priced residential and industrial lands outside of Klang Valley, such as Seremban, Malacca, and Perak, for projects in the affordable range.

M Senyum – Well-Connected Living Amidst Lush Gardens

M Senyum is well connected to Kuala Lumpur City Center, Putrajaya and Cyberjaya via major accesses and highways such as ELITE Highway, North-South Expressway, Putrajaya-Cyberjaya Expressway, Jalan Banting-KLIA and KLIA Extension Highway.

Amenities near M Senyum are ERL Salak Tinggi Station and KLIA ERL Station. The Kuala Lumpur International Airport is a mere 15 kilometers away, while the Nilai Medical Centre is less than 10 kilometers away. Besides that, various recreational centers including the Bandar Baru Salak Tinggi Stadium, Taman Awam Nilai, Nilai Springs Golf & Country Club, and the Sepang International Circuit are readily available for enjoyment.

Apart from that, there are also 6 notable universities nearby namely Xiamen University, INTI International University, Nilai University, Manipal International University, University Kuala Lumpur, Islamic Science University of Malaysia and a few secondary schools.

(13 May 2022)