Mah Sing earnings visibility remains solid

Feringghi Residence is a freehold development that comprises low-rise condo villas and high-rise resort condos on 61 acres (24.68ha) of elevated land in Batu Feringghi. The gated development is to be developed in three phases. The parcel of land was bought in 2010, and is strategically located along the famed Batu Feringghi tourist belt and 1km away from Hard Rock Hotel Penang.