HIGHLY INVESTABLE PROPERTIES IN MAH SING

Kuala Lumpur, 2016 – Mah Sing Group’s (Mah Sing) ongoing and upcoming projects were deemed as highly investable projects for property investors as they tick off various prime factors buyers are considering when looking in property investment.

Reasons to Invest

At a recent Prime Investment Forum which was attended by over 400 people, Chris Tan, founder of Chur Associates, who was one of the speakers, shared his insights on Malaysia’s agenda of “Housing The Nation”. He said, “Property buyers are living in an era of the best home owner protection where incentives and attractive financing plans were provided to genuine home buyers.”

Tan also said that property investment is low-risk and is one of the most important portfolios, even for richer and successful nation groups, as it is tangible and constitutionally guaranteed.

There are various factors to be considered before determining an ideal property investment opportunity and Tan focused mainly on quality, reputation and location. Property buyers were advised to look into connectivity, neighbourhoods, business attractions and developer’s reputation among other factors before investing.

Khalil Adis, founder of Khalil Adis Consultancy Pte Ltd, was also one of the speakers for the forum who emphasised on the importance of connectivity when it comes to property investment.

An example of Mah Sing’s project that fits into the abovementioned factors is Southville City@Bangi where the 428-acre freehold township features a direct interchange which shortens the drive to Kuala Lumpur at a mere 19km. The interchange will enhance commercial visibility and make Southville City@KL South an appealing investment, especially its inaugural commercial retail development, namely Savanna Lifestyle Shops which are already on an advanced stage of construction. The mixed-use development includes various residential and commercial projects, suitable for multi-generation living and the working community.

Focusing on connectivity, D’Sara Sentral is the first integrated development in Sungai Buloh with easy access to MRT line 1 and proposed line 2. Kampung Selamat MRT Station, which is the second station on the Sungai Buloh-Kajang MRT line currently undergoing construction work is located diagonally across the development. Mah Sing will also build a coveted direct link bridge from D’Sara Sentral to the MRT Station.

Icon City which is strategically located right at the intersection of Klang Valley’s two busiest highway, LDP and Federal highway is also another development that focuses on connectivity for convenient accessibility. The first vehicular ramp of Icon City’s comprehensive traffic dispersal system is already completed in the early 2016.

In the Northern region, another investable project is the 34.5-acre Southbay City, an integrated modern city with a mixture of residential suites, office, retail outlets and other recreational attractions. It is strategically situated only 1km from Penang Second-link Bridge.

Branding and Good Track Record

According to speaker Dr Choong Kwai Fatt, an advocate and solicitor, Tax and GST consultant, individuals should select a developer that has a good track record. Another speaker, Elizabeth Siew, managing partner of Messrs Iqbal Hakim, Sia & Voo who shared her views on the legal aspect of purchasing a property also notes that buying a house directly from a property developer eliminates the issues of fraud cases that happened during the transfer of properties in sub sales.

James Bruyns, Chief Sales Officer, C-Suite said, “Mah Sing has an expansive portfolio of more than 20 years in the property industry. As a market driven developer, our projects are meticulously planned to ensure it brings value to our customers. We take into account of important factors such as strategic location, visibility, accessibility and convenience, living up to our brand’s promise to exceed expectations.”

Incorporated since 1991 and listed on the Main Market of Bursa Malaysia, Mah Sing Group Berhad currently has 46 projects (11 completed) spread across the property hotspots of Greater KL and Klang Valley, Penang, Johor and Sabah. The Group has proven its versatility with a diverse range of projects, from medium to high-end landed residential properties to Grade A office buildings, retail projects, SoHo and industrial projects.

For over two decades, Mah Sing has continuously created iconic developments that have won more than 100 domestic and global awards for product design, concept, innovation and quality. These lifestyle developments have also enabled Mah Sing to achieve one of the highest sales figures amongst property developers in Malaysia. The Group was awarded Top Property Developer Awards 2015 by The Edge Malaysia, Top Ranked Developer of the Year by StarProperty.my Award 2016, Top 10 Developers Award 2015 by BCI Asia, Frost & Sullivan Award for Competitive Strategy, Innovation and Leadership, in Property Development and more.

Investable Projects

Southville City@KL South

Southville City@KL South aspires to create a cohesive masterplanned township which delivers a conducive and safe environment with convenient accessibility for both multi-generation living and the working community. The 428 acres has a Gross Development Value (GDV) of RM11.1 billion.

Phase one of the development comprises Savanna Executive Suites and Lifestyle Shops. Savanna Executive Suites is a freehold 3-bedroom home with built-up starting from 956 sq ft. It is complemented with an extensive facilities deck such as swimming pool, Aqua gym, Reflexology park, BBQ area, children’s playground, water play area, sun deck, maze garden, multipurpose hall, nursery area and more.

The retail component of the development comprises Lifestyle Shops, situated at Ground Floor and Level 1 with built-up starting from 2,461 sq ft. Placed at a prime location with high visibility, the retail outlets serve as a convenient retail centre for nearby residents as well as add value to the entire development.

The development of Southville City includes a Direct Interchange which will connect to its surrounding educational, industrial and residential neighbourhood within Bangi and beyond.

D’Sara Sentral

D’Sara Sentral is an integrated mixed development comprises of lifestyle retail outlets, 1block of SoVo (Smart Office Versatile Office) and 4 blocks of Serviced Residence with GDV of RM911million.

The highlight of D’Sara Sentral will be its direct and covered bridge to the imminent MRT station, the first development to have MRT direct connection in Klang Valley. Located Sungai Buloh, residents will have easy access to MRT line 1 and proposed line 2. The convenience it offers will draw in property investors who recognise the development’s role in complementing the existing and forthcoming facilities and amenities in the vicinity.

Measuring 6.55 acres wide, D’Sara Sentral consists of five-blocks of mixed development with top of the line design and convenience that maximize the use of space and resources.

The development comprises of 5 blocks with D’Style Shops (single and dual unit lifestyle retail shops); D’Sovo Suites (Smart Office Versatile Office) and D’Residenz Suites (service residences). D’Style Shops offer units with built-up ranging from 388 sq ft, D’Sovo Suites offer units with built-up starting from 504 sq ft while D’Residenz apartments offer units with built-up starting from 809 sq ft.

The retail components are 80% taken up and the tenant mix includes a supermarket, banks, food and beverage outlets, and home decoration and furniture outlets.

 

Icon City, Petaling Jaya

Mah Sing acquired and redevelop a brownfield site into an integrated commercial development, Icon City. Measuring a total of 20 acres, the fully-integrated development consists of Phase 1 and 2, with both phases in compliance with MSC Cybercentre status and are designed to be pedestrian-friendly, high green footprint, high ceiling concepts and incorporating automated waste system.

Icon City is the first development in Malaysia to achieve 3 green standards concurrently for its various components. The standards are USA’s Leadership in Energy & Environmental Design (LEED), Singapore’s BCA Green Mark (for Residential component) and Malaysia’s Green Building Index (GBI). This development with GDV of RM3.2billion is set to become the next landmark of Petaling Jaya.

Phase 1 of Icon City features 30 Jewels, which are 7-storey and 8-storey 30 units of premium lifestyle shop offices, 1-storey and 2-storey Gourmet Street retail shops, two towers of Icon Residenz serviced residences, two towers of i-SoVo and a Boutique Office Tower, also known as MSC Tower.

The 40-storey Icon Residenz 1 has 249 units of service apartments with built-up from 569 sq ft to 1,795 sq ft. Icon Residenz 2, or nicknamed Creative Tower, has 333 units of service apartments with built-up sizes from 675 sq ft to 1,405 sq ft.

Icon City’s i-SoVo features small office versatile office equipped with a business executive club, a fully-equipped business centre and sky-garden at rooftop. Housed in Tower 3 and Tower 3A, these 31-storey i-SoVos consist of 91 units of simplex suite measuring 436 sq ft and 366 units of duplex suite measuring 745 sq ft and 1,094 sq ft.

Icon City which is strategically located right at the intersection of Klang Valley’s two busiest highway, LDP and Federal highway maximises accessibility and visibility for both homes and businesses. The first vehicular ramp of Icon City’s comprehensive traffic dispersal system is already completed in the early 2016.

 

Southbay City, Penang

Sprawling over a 34.5-acre site, Southbay City is an integrated modern city with a mixture of residential suites, office, retail outlets and other recreational attractions. The whole of Southbay City has a GDV of RM2.09 billion.

 

The development’s Phase One comprises Southbay Plaza, which features retail lots with built-ups from 909 sq ft, 10-storey retail shops with built-up from 1,050 sq ft, 2-storey retail shops with built-up from 2,570 sq ft and 3-storey retail shops with built ups from 4,350 sq ft to 12, 514 sq ft.

Phase Two of the development is The Loft@Southbay, a project that promises low-density living by the coast of Southbay, with stunning views of the sea and superb modern facilities. Situated only 1km from Penang Second-Link Bridge, this freehold residential development has two towers with an exclusive 78 units per tower (3 units per floor) and approximately 2.5-acre leisure and recreational facilities decks, a unique sky lounge, sky gym and more. The residential unit has built-up starting from 1,378 sq ft.