- The three blocks will consist of a total of 1,526 residential units, with one-bedroom, 1+1 bedroom, two-bedroom, and three-bedroom units.
KUALA LUMPUR (Nov 21): Non-Bumi units at Mah Sing Group Bhd’s M Minori Tower A have been fully taken up since its launch on Oct 14, the group announced during the launch of M Minori’s sales gallery on Sunday in Taman Austin Perdana, Johor Bahru.
M Minori is Mah Sing’s inaugural M Series development in the southern region. With a gross development value (GDV) of RM176 million, the 25-storey Tower A offers 421 units — 252 of which are non-Bumi units — with built-ups ranging from 570 sq ft to 880 sq ft, with a selling price from RM288,000.
Following the positive take-up for Tower A, the developer has now opened Tower B for registration. Tower B has a GDV of RM269 million and will offer 619 units across 25 storeys. The units will also have built-ups ranging from 570 to 880 sq ft with a selling price from RM288,000.
The whole M Minori development will comprise three blocks of serviced suites with a GDV of approximately RM469 million. The three blocks will consist of a total of 1,526 residential units, with one-bedroom, 1+1 bedroom, two-bedroom, and three-bedroom units. M Minori will also offer two retail lots.
In a statement on Monday, Mah Sing’s founder and group managing director Tan Sri Leong Hoy Kum said, “Our M Series developments have shown good results with high take-up rates, due to its strategic location in established neighbourhoods, attractive price points with practical layouts and excellent connectivity and accessibility. We are confident that our M Series will suit our southern market, hence, we introduced M Minori.
“The encouraging take-up of Tower A launched last month proved that this decision was correct. Looking ahead, Mah Sing will continue to look for suitable lands that can replicate the success of our M Series residential developments as well as industrial properties.”
Meanwhile, Mah Sing’s CEO of property subsidiaries Benjamin Ong Chin Yee said M Minori is specifically designed for young professionals, newlyweds and growing families. “It enables them to embrace the Ikigai living concept — the Japanese definition of balanced life with practical living space at an affordable price. On top of that, M Minori prioritises environmentally friendly and sustainable living as evidenced through its GreenRe Bronze certification. M Minori is equipped with green features such as EV charging stations, rainwater harvesting, automated waste collection system and biodegradable building materials.”
Besides that, Leong also announced that Mah Sing is actively looking to expand its landbank in Johor, especially for townships, industrial projects and M series projects.
Leong also shared his outlook for the Johor Bahru property market, “Johor Bahru is an important market for us since our first township here in 2000, and Mah Sing has been operating here for 23 years. We are very optimistic of the Johor property market due to Mah Sing’s strong brand recognition here, spillover demand from Singapore and upcoming infrastructure projects such Sistem Transit Rapid (RTS) Link Johor Bahru-Singapore which will further boost economic activities in Johor Bahru.
“In fact, M Minori will provide shuttle bus service from M Minori to the CIQ and Bukit Chagar RTS station. Furthermore, the Memorandum of Understanding to develop the Johor-Singapore Special Economic Zone (SEZ) between Malaysia and Singapore, which is planned to be inked by mid-January next year, is expected to stimulate the economic activities between Singapore and Johor. This will also encourage more people to look for properties and reside in Johor, hence it is timely for us to expand our presence in Johor.”
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