Mah Sing sets higher sales target for 2024

Group MD Leong said the group’s flagship M Series residential developments have solidified the company’s market share in the domestic residential market.

PETALING JAYA: Mah Sing Group Bhd has set a higher sales target of a minimum of RM2.5bil for 2024, underpinned by its pipeline of projects that are strategically positioned in the affordably priced housing segment.

For the financial year ended Dec 31, 2023 (FY23), the group achieved new property sales of RM2.26bil, a 13% increase compared to RM2bil (excluding land sales of RM115mil) in 2022 and the highest property sales recorded since 2016.