TA Research says Mah Sing’s land acquisition is reasonably priced at 12% land cost to GDV ratio.
PETALING JAYA: Mah Sing Group Bhd
’s acquisition of a parcel of freehold land in Semenyih, Selangor, is expected to strengthen the property developer’s growth prospects.
The development there, featuring affordable homes, is expected to be well-received by the market upon completion, according to analysts.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
