From left: FLP Realty founder and CEO Fallon Loo, Mah Sing general manager of sales and marketing Adrian Lim, Mah Sing CEO of property subsidiaries Yeoh Chee Beng, Mah Sing executive director Datuk Seri Leong Yuet Mei, Mah Sing group CEO and executive director Datuk Voon Tin Yow, Mah Sing founder and group managing director Tan Sri Datuk Sri Leong Hoy Kum, Mah Sing vice president of corporate admin Puan Sri Sulvian Leong, Mah Sing deputy group CEO and executive director Lionel Leong, Mah Sing executive director of group corporate and investment Datuk Steven Ng, Mah Sing group strategy and operations director Jane Leong, Mah Sing chief financial officer Teong Sze How and Dream Real Estate director Dennis Soon. (Photo by Sam Fong/The Edge)

KUALA LUMPUR (March 4): Mah Sing Group Bhd (KL:MAHSING) officially launched M Aurora, a freehold serviced residence in Old Klang Road, Kuala Lumpur on Wednesday. The development has a gross development value (GDV) of RM660 million.

Comprising 1,544 units spread across two 46-storey towers on a 5.24 acre site, M Aurora is a GreenRE Silver-certified provision development and the first launch of the year. The unit has built-up sizes ranging from 556 to 1,019 sq ft, with layouts from one- to four-bedroom units. Selected units will feature hackable walls for flexible layouts, while dual-key configurations will also be available.

As of mid-January, Phase 1A of Tower B is 96% sold, with Phase 1B now open for unit selection. Towers A and B comprise 747 and 797 units respectively. Tower A has yet to be launched for sale.

Some of the project’s facilities are a 50m lap pool, Jacuzzi, hydrotherapy seats, kid’s pool, pool lounge, barbecue pavilion, glamping dome, yoga lawn, co-working terrace, reflexology path, viewing gardens, shuttle service, EV charging stations and an automated waste collection system.

The project also features nine retail units on the ground floor, including a drive-through retail lot. All the retail units, sized between 991 and 2,519 sq ft, will be leased out and managed by the developer. 

During the project’s sales gallery official opening ceremony event today, Mah Sing founder and group managing director Tan Sri Leong Hoy Kum told the press that while the group continues to integrate commercial components into its developments to build up the group’s recurring income, the team is also expanding into industrial developments and exploring opportunities linked to data centres.

Leong also shared that the company is planning to launch an industrial park project located at Kulai, Johor, in 3Q2026. The project details will be shared in due course.

To recap, Mah Sing announced a joint venture to develop 419.15 acres of freehold industrial land in Kulai with Kuala Lumpur Kepong Bhd (KL:KLK) last December. The project is located within the Johor-Singapore Special Economic Zone (JS-SEZ).

Leong said the investment decision built on the group’s experiences in the market segment, noting that demand is well supported by rising foreign direct investment (FDI) in Johor. He also highlighted that Mah Sing remains financially healthy in acquiring more new land to support the company’ future business expansion plans.

“We have done five industrial projects. So it (the Kulai project) is just a continuation. The timing is right as there are more FDIs … Our balance sheet is very healthy with a gearing ratio at only 0.26 times. We are looking to acquire more land," Leong said, adding that the group is also open for joint venture opportunities.

Meanwhile, Mah Sing group CEO and executive director Datuk Voon Tin Yow said that the group achieved RM2.51 billion in property sales in 2025, mainly driven by strong demand for strategically located developments across the central, northern and southern regions.

“We entered into 2026 from a position of strength. This momentum is supported by the six plots we acquired last year, with a combined potential GDV of RM6.4 billion,” said Voon.