Mah Sing Anticipates A Strong Start in 2023 With M Senyum Rosalia

Jan 30, 2023

Key takeaway: The M Senyum residential landed development by real estate developer Mah Sing Group Bhd (Mah Sing) had seen an 88% take-up rate for its latest phase, Rosalia.

Rosalia, a development of 139 double-storey terrace homes in Bandar Salak Tinggi, offers a starting price at RM560,000.

"M Senyum's Rosalia is our launch to begin the thrilling year 2023," the speaker said. We are confident that Rosalia 2, the following phase, and the properties in Mah Sing's M Series will continue to enjoy success given the favourable reception received, said Mah Sing founder and group managing director Datuk Sri Leong Hoy Kum.

"We anticipate that the strong pipeline of our current and future projects will also continue to benefit the group in the financial year of 2023, putting the group on track to meet the minimum sales target of RM2.2 billion this year," he continued.

M Senyum Rosalia 2, which is anticipated to enter the market in Q2 2023, is projected to have 160 units, a starting price of RM530,000, and a land area of 20 ft x 65 ft and 20 ft x 70 ft. The same quarter will see the launching of M Senyum's show village, which will include one bare unit and another with interior design.

The 1,176 double-storey terrace homes in the 100-acre M Senyum development are aimed at young professionals, newlyweds, and growing families.

"When we first acquired the M Senyum land, our goal was to build first-time homebuyers affordable landed residential properties. In May 2022, M Senyum launched Camellia, then Camellia 2. The great take-up rate of 88% with Rosalia was followed by positive responses to both phases of the double-storey terrace homes, according to Benjamin Ong Chin Yee, chief executive officer of Mah Sing property subsidiaries.

The Rumah Selangorku (RSKU) double-storey townhouses from the M Senyum development will also be made available. They have 178 units, a built-up area of 1,000 square feet (20' x 70'), three bedrooms, and two bathrooms, and are affordably priced at RM200,000.