https://maps.app.goo.gl/kLL6gzRmLwEUcezi9


MAH SING GROUP BHD
KLSE (MYR): MAHSING (8583)

**No.**	**Date of Announcement**	**Event Description**	**Land Size (acres)**	**Price of Land **	**Project Name**
1	June 13, 2023	Mah Sing purchased Johor 75.7-acre freehold land for RM 76 million.	75.7	RM 76,000,000	M Tiara Township
2	April 2024	Mah Sing acquired 100.4 acres of land in Mukim Pulai, Johor, for RM 103.7 million for the M Tiara 2 project.	100.4	RM 103,376,600	M Tiara 2 Township
3	December 3, 2024	Mah Sing acquired 59.12 acres of freehold land in Pulai district, Johor Bahru, for RM 62.98 million to develop M Tiara 3 township.	59.12	RM 62,980,000	M Tiara 3 Township

https://m-tiara.com.my/info-deck/


RM 840,000 (for non bumi lot)
Harga Surat Perjanjian Jual Beli (SPJB)



Harga SPJB : RM 731,000.00 (for bumi lot)



https://m-tiara.com.my/sales-kit/#flipbook-df_2938/27/





















1.507444,103.621305



From Hutan Bandar MUTIARA Rini, Jalan Persiaran Mutiara Mas, Taman Seri Orkid, 81300 Johor Bahru, Johor, Malaysia

to


M TIARA SHOW HOUSE , Johor Bahru, 81300, Johor, Malaysia via Jalan Skudai - Gelang Patah/Jln Gelang Patah.

4 min (2.1 km)
4 min in current traffic


1. Head northwest
2. Turn left toward Jalan Persiaran Mutiara Mas
3. Turn left onto Jalan Persiaran Mutiara Mas
4. Turn left onto Jalan Skudai - Gelang Patah/Jln Gelang Patah
5. Turn right onto Persiaran Abadi 1
6. Arrive at location: M tiara show house Johor Bahru


For the best route in current traffic visit https://maps.app.goo.gl/9LEGnrheahcF2Yqb8?g_st=ac


https://www.instantstreetview.com/@1.507444...XYcTwXsRQLqGQ5g

Show house done..

No.	Land size	Result
1	20 × 70	1400
2	20 × 75	1500
3	22 × 65	1430
4	22 × 70	1540

4 bedrooms
3 bathrooms


123 units

-----------------
-----------------------------------


4 bedrooms
3 bathrooms


100 units


-------------------------------------------
-------




********
TAMAN TIARA INDAH (M TIARA)
********

https://teduh.kpkt.gov.my/unit-project-swasta/10279-5


Mah Sing Group Bhd (MAHSING)

No.	Item	Details
1	**Developer**	Venice View Development Sdn Bhd (711563-V)
2	**Address**	1, Jalan Mutiara 1/9, Taman Mutiara Mas, 81300 Skudai, Johor
3	**Developer License No**	10279/07-2025/1095(A)
4	**Validity Period**	20/07/2022 – 19/07/2025
5	************************Parcel 1A****************	“M Tiara” Double Storey Terrace House – (20’x 70’)
6	**Advertising Permit No**	10279-5/08-2026/0745(N)-(L)
7	**Advertising Permit Validity**	19/08/2024 – 18/08/2026
8	**Approving Authority**	Majlis Bandaraya Iskandar Puteri
9	**Building Plan Approval No**	MBIP(JB)RP/7/4/2024(23)
10	**Tenure of Land**	Freehold
11	**Land Encumbrances**	HSBC Bank Malaysia Berhad
12	**Expected Completion**	August 2026
13	**Pricing**	RM920,000 (Min) – RM1,260,000 (Max)
14	************************Total Unit******************	123
15	**********************Parcel 1B*************	“M Tiara” Double Storey Terrace House – (20’x 70’)
16	**Advertising Permit No**	10279-5/08-2026/0745(N)-(L)
17	**Advertising Permit Validity**	19/08/2024 – 18/08/2026
18	**Approving Authority**	Majlis Bandaraya Iskandar Puteri
19	**Building Plan Approval No**	MBIP(JB)RP/7/5/2024(22)
20	**Tenure of Land**	Freehold
21	**Land Encumbrances**	HSBC Bank Malaysia Berhad
22	**Expected Completion**	August 2026
23	**Pricing**	RM954,000 (Min) – RM1,449,000 (Max)
24	**********************Total Unit*************************	100

9.30 am - 9.00 pm

























[SIZE=14]李元玲[/SIZE=14]


FREEHOLD Double Storey Terrace House
From RM715,000 onwards



Sales Gallery

1, Jln Mutiara 1/9,
Taman Mutiara Mas,
81300 Johor Bahru,
Johor


9.30am - 9pm

FREEHOLD Double Storey Terrace House
From RM715,000 onwards


M Tiara

Locations:

Lima Kedai,
81300 Skudai, Johor

Mah Sing acquires JB land for RM103.75mil

Friday, 05 Apr 2024


KUALA LUMPUR: Mah Sing Group Bhd’s wholly owned subsidiary Venice View Development Sdn Bhd has entered into a conditional sale and purchase agreement to acquire 40.4686 hectares (100 acres) for RM103.75 million.

Located in Johor, the site is about 400 metres from a June 2023 purchase of 30.63 ha (75.7 acres) known as M Tiara.

This latest acquisition is estimated to have a gross development value of RM1.45 billion, Mah Sing said today.

Amanah Raya Bhd is the vendor.









8583

Company Name	Company Registration No.	Nature of Business	Date of Registration	State
VENICE VIEW DEVELOPMENT SDN. BHD.	0711563V / 200501029427	PROPERTY DEVELOPMENT	2005-09-30	WILAYAH PERSEKUTUAN

2024 April launching!!!!!!



https://www.instantstreetview.com/@1.509988...1I2RLgPOQgZKL2Q

The M Tiara land should be opposite here....
Near Rini Homes 1 gated & guarded zone


1, Jalan Abadi 8,
Taman Mutiara Rini,
81300 Skudai,Johor.




PROPERTY
Tan: Quick returns for Mah Sing when it launches M Tiara in Pulai, given the prime location

June 14, 2023


Tan: Quick returns for Mah Sing when it launches M Tiara in Pulai, given the prime location



Ir Samuel Tan, executive director of KGV International Property Consultants (Johor) Sdn Bhd said the demand for houses is rising due to the abundance of job centres in and around Pulai, including


Tanjung Bin,
the Port of Tanjung Pelepas,
Southern Industrial Logistics and Clusters, and
Nusajaya Tech Park.



KUALA LUMPUR: Mah Sing Group Bhd may see quick returns on its new M-series housing development when it starts in Pulai, Johor Bahru next year, given the land's excellent location, said Ir Samuel Tan, executive director of KGV International Property Consultants (Johor) Sdn Bhd.

He said the trend of land banking recently demonstrates the market's and developers' confidence in the recovery of the real estate market in the coming years.


"To make sure that the market and the development are sustainable, some adjustments must be made. Business costs, political stability, and pro-business policies are the factors to take into account," he told NST Property.

Tan said that Mah Sing may be able to generate positive sales from its proposed development, given that the land is in an excellent location close to Lima Kedai, where there is a decent mix of low- to high-income groups.


Lima Kedai is a crucial transit hub for those using the Second Link Motorway.

According to Tan, there are numerous employment hubs in and near Pulai, including Southern Industrial Logistics and Clusters (SiLC), Nusajaya Tech Park, Tanjung Bin, and the Port of Tanjung Pelepas, which are increasing demand for houses.


Mah Sing paid RM 76.09 million, or RM23 per square foot (psf), for 30.63 hectares ( 75.68 acres) in Pulai to expand its M-series.

It plans to introduce M Tiara, a community of

double-storey cluster homes (32'x70') and


2240 sq ft


double-storey terraced homes (20'×70' / 20'x75'),





with a gross development value (GDV) of RM480 million.




According to Mah Sing's statement yesterday, the most affordable residential units are anticipated to cost RM624,800.


So cheap ???????



The land acquisition is in line with Mah Sing's strategy of quick turnaround, as registration of interest is expected to be in the first half of 2024.

Tan said that the stated purchase price was reasonable.

"Recent sales in Pulai ranged from RM20 to RM25 psf. We believe that the pricing of RM23 psf is suitable for Mah Sing to create its M-series," he added.

Analysts are particularly optimistic about Mah Sing's purchase of land in Pulai since it will allow the company to extend its M-series of affordable housing projects.

According to MIDF Research, the land cost to GDV is appealing at 16 per cent of the project's overall value.

Additionally, it anticipates a minimal impact on the balance sheet.

"Post-acquisition, we estimate net gearing to increase marginally to 0.22 times from 0.2 times in the first quarter of 2023. Meanwhile, we do not foresee earnings impact in the near term as the project is expected to launch in the first half of 2024.

Hence, we make no changes to our earnings forecast," MIDF said in a note.

The research house has maintained its "Buy" call on Mah Sing with an unchanged target price of 75 sen.

It continues to be optimistic about Mah Sing, as it believes that new sales prospects for Mah Sing will be driven by the introduction of properties at reasonable prices.

The strategic location and affordable purchase price of the planned acquisition have TA Securities feeling optimistic as well.

The research firm said that in accordance with the anticipated GDV of RM480 million, the land cost accounts for 15.9 per cent of the entire development value.

"As the land cost to GDV ratio comes below the general rule of thumb of 20 per cent, we deem the acquisition price reasonable," it said.

The positive take-up rate of 85–95 per cent for Mah Sing's new launches in the first quarter of 2023, demonstrates the persistent demand for affordable housing in urban areas, according to TA Securities.


Mah Sing acquires Johor land for RM463m super-linked home development




Tuesday, December 3rd, 2024


MAH SING Group Bhd is acquiring 59.12 acres of freehold land in Johor Bahru’s Pulai district for RM62.98 million to develop M Tiara 3, a township featuring spacious super-linked homes with an estimated gross development value (GDV) of RM463 million.

“Named M Tiara 3, the township will feature spacious super-linked homes, with indicative home prices starting from RM780,000. The commencement of M Tiara 3 is expected to follow as a continuation of M Tiara 2,” Mah Sing said in a filing.


This marks the group’s fifth land acquisition in 2024 and its third in Pulai.



The purchase and development will be funded via a mix of internal resources and bank borrowings.

The group highlighted strong demand for M Tiara projects, with over 14,000 registrations of interest and a 100% take-up rate for international lots.

Mah Sing aims to leverage transformative developments in the region, including the Johor-Singapore Rapid Transit System (RTS) and the Johor-Singapore Special Economic Zone, to bolster demand.



The acquisition is expected to be finalised in the first half of 2025 and contribute positively to the group’s earnings. — TMR

This post has been edited by plouffle0789: Dec 12 2024, 02:44 PM

Lets see selangor Mah Sing project.






































Should be around the same design







M Senyum @ Salak Tinggi
2 Storey Terrace Homes


From RM530,000 onwards

This post has been edited by plouffle0789: Dec 4 2024, 10:46 PM

This post has been edited by plouffle0789: Dec 3 2024, 02:50 AM

I would prefer the M Tiara to have a layout of 4+4 rather than 4+3.



It is more preferable not to share a bathroom on the 2nd floor among two rooms.








The Orchid @ Meridin East
Pasir Gudang







Mah Sing acquires JB land for RM103.75mil

Friday, 05 Apr 2024


KUALA LUMPUR: Mah Sing Group Bhd’s wholly owned subsidiary Venice View Development Sdn Bhd has entered into a conditional sale and purchase agreement to acquire 40.4686 hectares (100 acres) for RM103.75 million.

Located in Johor, the site is about 400 metres from a June 2023 purchase of 30.63 ha (75.7 acres) known as M Tiara.

This latest acquisition is estimated to have a gross development value of RM1.45 billion, Mah Sing said today.

Amanah Raya Bhd is the vendor.


"This acquisition is a strategic move by Mah Sing due to the anticipated growing demand in Johor’s property market,” the property developer said in a statement today.

Founder and group managing director Tan Sri Leong Hoy Kum said the group embarked on the purchase less than a year after M Tiara because it aligns with market demand, driven by upcoming infrastructure projects such as the Johor Bahru-Singapore Rapid Transit System (RTS) and the potential revival of the KL-Singapore high-speed rail project.

Both will boost economic activities in Johor Bahru.

"The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to stimulate the economic activities between Singapore and Johor,” the statement said, adding that this is the group’s second land deal this year.

It will build double-storey linked housing,
a serviced apartment block and
double-storey shops on the site.



Registration of interest is expected to start in the

first quarter of 2025,

the statement said.

"We have garnered over 5,000 registrants of interest in less than 10 months since the acquisition of M Tiara,

which will comprise 754 landed residential units.

This remarkable response has bolstered our confidence to meet market demand quickly,” Leong said.



Cultural magnificence at Penang mall

The statement said the group has a strong balance sheet, ample liquidity, RM981.3 million in short-term investments and a low net gearing ratio of 0.08 times as of Dec 31, 2023.

It also said the group will continue to buy strategic parcels in Klang Valley, Johor and Penang. - Bernama

This post has been edited by plouffle0789: Dec 3 2024, 02:50 AM

Got insider to skudai lrt stations? Ehy mahsing keep purchasing the land around that area

The area is nice mah


Taman Mutiara rini house always people fight to get...


Many singaporean or pr buy the house at there...



You want to go jb custom or tanjung kupang custom also near

This post has been edited by plouffle0789: Dec 12 2024, 02:14 PM

https://www.facebook.com/profile.php?id=61551102270481


Never set a office at land?



Gated and guarded




















This post has been edited by plouffle0789: Oct 18 2024, 08:15 AM

Sales Gallery

1, Jln Mutiara 1/9,
Taman Mutiara Mas,
81300 Johor Bahru,
Johor




9.30 am - 9.00 pm









https://www.instantstreetview.com/@1.507444...XYcTwXsRQLqGQ5g



1.507444,103.621305



From Hutan Bandar MUTIARA Rini, Jalan Persiaran Mutiara Mas, Taman Seri Orkid, 81300 Johor Bahru, Johor, Malaysia

to


M TIARA SHOW HOUSE , Johor Bahru, 81300, Johor, Malaysia via Jalan Skudai - Gelang Patah/Jln Gelang Patah.

4 min (2.1 km)
4 min in current traffic


1. Head northwest
2. Turn left toward Jalan Persiaran Mutiara Mas
3. Turn left onto Jalan Persiaran Mutiara Mas
4. Turn left onto Jalan Skudai - Gelang Patah/Jln Gelang Patah
5. Turn right onto Persiaran Abadi 1
6. Arrive at location: M tiara show house Johor Bahru


For the best route in current traffic visit https://maps.app.goo.gl/9LEGnrheahcF2Yqb8?g_st=ac

















[SIZE=14]李元玲[/SIZE=14]


FREEHOLD Double Storey Terrace House
From RM715,000 onwards


M Tiara

Locations:

Lima Kedai,
81300 Skudai, Johor

Caring Pharmacy

Sales gallery will be open on this street......



8 June 2024 (Sat)
Open


https://www.instantstreetview.com/@1.515189...7bY2_58XsaYqicg

This post has been edited by plouffle0789: Oct 18 2024, 06:11 AM

For me,the price is too expensive....

No club house inside this taman...

Only fake river and bridge..

Copy eco world

For me,the price is too expensive....

No club house inside this taman...

Only fake river and bridge..

Copy


M Tiara” Double Storey Terrace House – (20’x 70’)

Pricing** RM920,000 (Min) – RM1,260,000 (Max)

************************Total Unit****************** : 123

Sales slow???

Unit Kuota Bumi (89 Unit)

Telah Dijual (142 Unit)

*************** Belum Dijual (81 Unit) ************

Jumlah Unit : 223 Unit


https://teduh.kpkt.gov.my/unit-project-swasta/10279-5


36 percent unsold....

64 percent sold......


Mostly unsold is bumi lot....


Keterangan Unit
No Unit : PTD 227455
No PT/Lot/Plot : HSM 4513
Kuota Bumi : Tidak
Harga Jualan : RM 997,000.00
Harga SPJB : -
Status Jualan : Belum Dijual

This post has been edited by plouffle0789: Oct 18 2024, 10:39 AM