Mah Sing optimistic about property prospects

Founder and group managing director Tan Sri Leong Hoy Kum said the group will continue to scout for and acquire new land, supported by its confidence in the M-Series of affordable homes and backed by healthy balance sheets.

KUALA LUMPUR: Mah Sing Group Bhd is optimistic about the property sector’s prospects in 2023, as robust demand for its recent launches of the M series properties enabled it to achieve RM1.69bil in sales as of Sept 30, 2022.

The developer is on track to achieve its 2022 sales target of RM2bil and has set its sales target for 2023 at a minimum of RM2.2bil.