Mah Sing
Kuala Lumpur: Mah Sing Group Bhd
is targeting a minimum sales target of RM1.8bil in property sales this year, matching last year’s figures.
The company said it would target most of its sales from properties that are priced below RM500,000 in strategic locations.
It’s sales for 2018 would consist of 74% of residential property sales that are priced RM500,000 and below, focused on Greater KL.
Commenting on the property overhang conditions in certain locations, it’s group managing director Tan Sri Leong Hoy Kum said that this is due to the mismatch in terms of location and pricing.
“Demand for properties in strategic locations and right pricing continues to be strong,” he said.
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