Malaysia's Mah Sing among Nomura top picks in Asean

Above if a model of one of the many Mah Sing projects scattered throughout the country. Pic shows Mah Sing Group Berhad group MD and group CEO Tan Sri Datuk Seri Leong Hoy Kum (second from right) with Minister of Works Datuk Seri Fadillah Yusof during the launch of Southville City @ KL South's new intersection and the new block of Savanna Executive Suites in Bangi on Nov 12. - THE STAR/RAJA FAISAL HISHAN

PETALING JAYA: Property developers Mah Sing Group Bhd and Thailand’s Quality Houses (QH) are Nomura Research’s Asean property yield picks that are expected to offer above-average yields and dividend growth in 2015 and 2016.

In a report on Asean property, it identified three out of the 28 property stocks, including 11 real estate investment trusts (Reits), that it covered which fulfilled two conditions.