Mah Sing’s M Zenni sees 70% take-up at launch

• The freehold high-rise mixed development comprises a 33-storey serviced apartment tower with 494 units and 10 commercial shoplots, with a gross development value (GDV) of RM309 million.

KUALA LUMPUR (Oct 8): Mah Sing Group Bhd’s (KL:MAHSING) newly launched M Zenni development in Batu Maung, Penang, has achieved a 70% take-up rate.

The freehold high-rise mixed development comprises a 33-storey serviced apartment tower with 494 units and 10 commercial shoplots, with a gross development value (GDV) of RM309 million.

Mah Sing’s founder and group managing director Tan Sri Leong Hoy Kum said: “Penang continues to be a strategic growth market for Mah Sing, supported by strong demand from both local buyers and those working within the state’s thriving industrial and technology sectors”.

Located 900m from the Penang Second Bridge, M Zenni is part of Mah Sing’s M Series and marks its latest project in Penang’s expanding south corridor.

Indicative prices start from RM480,000, with unit sizes ranging from 688 sq ft to 1,184 sq ft across studio, 1+1-, three- and four-bedroom layouts.

The project is targeted at first-time buyers, professionals, and young families, offering lifestyle-oriented facilities in a high-growth corridor close to industrial zones and infrastructure.

The development is GreenRE Gold certified and will include features such as 14 electric-vehicle (EV) charging stations, solar energy integration, rainwater harvesting, and low volatile-organic-compound (low-VOC) materials.

Penang state executive councillor for housing and environment Datuk Seri Sundarajoo Somu said: “One of the key priorities is providing affordable, high-quality, and comfortable homes for middle- and lower-income groups—something Mah Sing has consistently delivered through its projects”.

Connectivity to the Tun Dr Lim Chong Eu Expressway, the Penang International Airport (7km), and the upcoming LRT S02 station (4.6km) enhances M Zenni’s appeal to working professionals.

A dedicated shuttle van service will serve residents with connections to Queensbay Mall, the airport, and transit stations.

Mah Sing also officiated the relocation of its Penang office to a 7,000 sq ft space at Southbay Plaza.

As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.