Mah Sing Group to continue launching projects every quarter

STRONG RESPONSE: Over 1,000 people attended the balloting for Mah Sing's Residensi Seri Wahyu RUMAWIP project in Lakeville Residence on Wednesday.

KUALA LUMPUR: Mah Sing Group Bhd will continue to launch projects within every quarter of this year, in spite of the sluggish property market. 

Mah Sing group managing director Tan Sri Leong Hoy Kum said the company will launch between six and seven ongoing projects this year. 

"We will continue launching and not wait until the end of the year," he said on the sidelines of the launch of Mah Sing's Residensi Seri Wahyu RUMAWIP project in Lakeville Residence on Wednesday. 

The launch also involved a balloting event that saw the units snapped up by potential customers. More than 1,000 people were present. 

Residensi Seri Wahyu consists of one tower of 660 units. Each unit comes with one complimentary carpark and is priced at RM300,000 with a built-up area of 805 sq ft that includes three rooms and two bathrooms. 

RUMAWIP is the Malaysian government's initiative to build 80,000 housing units throughout Kuala Lumpur, Putrajaya and Labuan over five years. 

Single individuals with monthly income of less than RM10,000 or married couples with a combined income of less than RM15,000 are entitled to register for the project.