Mah Sing acquires 14.38 acres in Ampang for RM1.92b M Araya development

KUALA LUMPUR (Aug 26): Mah Sing Group Bhd is expanding its presence in Ampang with the acquisition of approximately 14.3775 acres of land opposite AEON BiG Ampang for RM186.17 million.

The project is said to mark Mah Sing’s third development in Ampang, following the fully sold M Suites and M City.

In a statement on Wednesday, the acquisition, comprising three adjoining parcels, will be developed as M Araya, a serviced apartment project with an estimated gross development value (GDV) of RM1.92 billion.

The site is predominantly freehold, with approximately 1.983 acres held under leasehold tenure. Mah Sing intends to apply for the conversion of the leasehold parcel to freehold status, subject to the relevant authorities’ approval.

Subject to approvals, M Araya is planned to comprise serviced apartments with indicative built-up areas ranging from 700 to 1,000 sq ft, with prices starting from RM399,000. The project is intended to cater to young professionals, first-time buyers, growing families and existing homeowners seeking to upgrade while remaining within the surrounding neighbourhood.

Registration of interest is expected to begin in the first quarter of 2027, with the project targeted for launch in 2027.

The development follows Mah Sing’s established track record in Ampang. Both M Suites and M City have been fully sold.

M Suites is a freehold serviced residence along Jalan Ampang, while M City comprises serviced apartments, SOHO units, retail components and landscaped spaces.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the acquisition was in line with the group’s strategy of replenishing its landbank in established locations with existing infrastructure and residential demand.

“Ampang remains one of the Klang Valley’s established residential markets, supported by connectivity, amenities and a sizeable population catchment. Having delivered M Suites and M City, we have experience in the area and are strengthening our presence with M Araya,” he said.

He added that the project would introduce modern homes while taking into consideration the characteristics of the surrounding neighbourhood and the changing requirements of homebuyers.

Mah Sing chief executive officer, Property Subsidiaries, Datuk Yeoh Chee Beng said the project would be positioned to serve demand within the established residential catchment surrounding the site.

He said this included young professionals, first-time buyers and existing residents looking to upgrade to newer homes while remaining close to their existing communities, schools and amenities.

Connectivity and amenities

M Araya will have direct access to Jalan Taman Putra and access to the Sungai Besi–Ulu Kelang Elevated Expressway (SUKE), connecting Ampang, Pandan Indah and Cheras, as well as major expressways including the Ampang–Kuala Lumpur Elevated Highway (AKLEH), which provides access towards Kuala Lumpur City Centre.

Connectivity in the area is expected to expand with the East Klang Valley Expressway (EKVE). Section 1, connecting Sungai Long to Ampang, opened in August 2025, while the proposed Section 2 will extend from Ampang to Ukay Perdana upon completion.

The Ampang LRT Station is approximately 3km from the site and provides access to the Ampang Line.

The development is also located within an established catchment of retail, healthcare, education and recreational facilities. AEON BiG Ampang is directly opposite the site, while Ampang Point Shopping Centre and Lotus’s Ampang are within the wider area.

Nearby healthcare facilities include Ampang Hospital, Pantai Hospital Ampang and KPJ Ampang Puteri Specialist Hospital.

Educational and recreational amenities in the surrounding area include established schools, Kelab Darul Ehsan, Taman Tasik Ampang Hilir and Royal Selangor Golf Club.

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