KUALA LUMPUR (Dec 8): Mah Sing Group Bhd has acquired a four-acre land with a total land cost of RM74.3 million in Mukim Setapak, Kuala Lumpur. The developer will develop a transit-oriented development (TOD) called M Azura with a gross development value of RM508 million, it said in a press release on Dec 8. This is Mah Sing’s third project in Setapak.

“We have established and solidified our brand presence in Setapak through the positive reception and success of M Astra and M Adora. In fact, our recent project, M Astra, was fully sold within a year, reflecting buyers’ appetite and trust in the Mah Sing brand," said Mah Sing founder and group managing director Tan Sri Leong Hoy Kum. 

"This upcoming development, M Azura, marks our third venture in this area. Capitalising on the spillover demand from both our previous developments, we believe M Azura will be warmly welcomed by first-time homebuyers and those looking to upgrade in the neighbouring areas.” 

M Azura will comprise two blocks of serviced apartments with indicative built-ups of 700 sq ft, 850 sq ft and 1,000 sq ft based on preliminary plans and subject to authorities’ approval. The indicative selling price starts from RM396,800. Registration of interest is targeted to open in 1Q2024. 

M Azura will be accessible via Jalan Genting Kelang, Middle Ring Road 2, Duke Expressway and Jalan Tun Razak. Being a TOD, the project is only 3.9km away from Sri Rampai LRT station, 4km away from Wangsa Maju LRT station and 250m away from the proposed MRT Rejang station.