Analysts positive on Mah Sing’s Johor land purchase


KUALA LUMPUR: Analysts are positive on Mah Sing Group Bhd’s recent acquisition of a 75.7-acre freehold land in Pulai, Johor Bahru for RM76.1mil, as it enables the group to expand its M-series of affordable projects.

According to preliminary plans, the total gross development value (GDV) of the new development to be named M Tiara is approximately RM480mil.

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Mah Sing , M Tiara , GDV

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