Mah Sing property sales jump 32%

Group MD Leong Hoy Kum says the group’s property sales of RM1.69bil for the period were mainly due to new launches and ongoing projects under its M Series affordable development.

KUALA LUMPUR: Mah Sing Bhd recorded a 32% increase in property sales in the nine months to Sept 30, 2022 (9M22), which shored up the property developer’s revenue and bottom line for the period.

Its founder and group managing director Tan Sri Leong Hoy Kum said the group’s property sales of RM1.69bil for the period, as compared with RM1.28bil in 9M21, were mainly due to new launches and ongoing projects under its M Series affordable development.