PETALING JAYA: Mah Sing Group Bhd
is disposing approximately 78.8 acres of its Mah Sing DC Hub @ Southville City land for RM617.9mil as part of its strategy to move further up the digital infrastructure value chain.
The group announced that it has, through its wholly-owned subsidiary Southville City Sdn Bhd, proposed to dispose of the commercial land to WG Malaysia X Sdn Bhd, a wholly-owned subsidiary of an established international digital infrastructure group.
Mah Sing said in a statement that the transaction marks a significant monetisation of its development-ready digital infrastructure landbank, allowing it to recycle capital into higher-value opportunities.
The move represents a key milestone in the company’s strategic transformation from a property developer into an integrated digital and artificial intelligence (AI) infrastructure developer.
“Digital infrastructure represents a natural extension of our development capabilities, and we intend to build this into a meaningful second growth engine for Mah Sing over time,” said Tan Sri Leong Hoy Kum, Mah Sing’s founder and group managing director.
The group’s digital infrastructure strategy is driven by a “monetise, develop and own” approach, which involves three complementary pathways: selective monetisation of development-ready land, development of enabling infrastructure and core-and-shell facilities, and ownership of income-generating digital infrastructure assets with experienced operators.
While property development remains Mah Sing’s core strength, the group said it is leveraging its capabilities in landbanking, development, infrastructure delivery and strategic partnerships to expand into the digital infrastructure sector.
Through this second growth engine, the group aims to unlock capital from its landbank, progressively build recurring-income opportunities and long-term ownership of digital infrastructure assets, broadening its earnings base and creating sustainable long-term value for shareholders.
Mah Sing also said it is in the preliminary stages of plans to develop a colocation data centre within Mah Sing DC Hub @ Southville City by partnering with an experienced colocation operator.
Beyond this, it said it also sees further opportunities at Meridin East in Johor Baru and MS Industrial Park @ Kulai within the Johor-Singapore Special Economic Zone to potentially support multiple phases of hyperscale, AI and colocation development.
“AI is reshaping the global digital infrastructure landscape, and Malaysia is well positioned to capture a meaningful share of this growth,” Leong said.
“Our ambition is to build Mah Sing into a company that can participate not only in property development, but also in the infrastructure supporting the next generation of AI and digital services.”
