Mah Sing strengthens southern Klang Valley presence with RM1.7bil township project: TA Securities

Mah Sing strengthens southern Klang Valley presence with RM1.7bil township project: TA Securities

 ​[[{“value”:”

MAH SING announced that it has entered into a sale and purchase agreement with Pelangi Sdn Bhd, an indirect subsidiary of S P Setia, for the proposed acquisition of 305 acres of freehold land in Semenyih for RM273.5 mil or RM20.60psf. 

Of the total, approximately 275 acres are net developable, while the remaining 30 acres will be allocated for infrastructure, utilities, and nonsaleable components such as roads, green buffers, and community facilities.

“The newly acquired freehold land adjoins the existing 500-acre M Legasi Township, strategically positioned in the fast-growing southern corridor of the Klang Valley,” said TA Securities. 

It is surrounded by established educational institutions such as the University of Nottingham Malaysia and the MARA Japan Industrial Institute, as well as recreational attractions including Broga Hill Park.

Mah Sing plans to develop a new integrated township, M Legasi 2, with an estimated GDV of RM1.7 bil on approximately 175 acres, subject to detailed design and regulatory approvals. 

The project will feature 2-storey superlink, linked semi-detached and semi-detached homes, serviced apartments, and shop lots.

Building on the success of M Legasi 1, the new phase will reinforce Mah Sing’s presence in the Semenyih corridor, targeting upgrader and first-home-buyer segments from Kajang, Bangi, and Seremban.

The land benefits from existing infrastructure and access roads, enabling faster development readiness and reduced lead time.

The remaining 100 acres are earmarked for strategic partnerships with institutional, industrial, or community partners to introduce catalytic components that enhance the township’s vibrancy and long-term value.

In line with Mah Sing’s quick-turnaround strategy, registration of interest is planned for the second half of 2026 (2H2026), with an official launch targeted in 2027. 

The project is expected to span roughly eight years, supporting the group’s medium-term earnings visibility.

Based on the planned RM1.7 bil GDV, the purchase price of RM273.5 mil translates to a land cost-to-GDV ratio of 16.1%, which is within a favourable range for township developments of this scale. 

The effective ratio is likely lower, as it is calculated over the full 305 acres while only 175 acres currently carry development potential.

The remaining 100 acres, reserved for catalytic or partnership-driven uses, are expected to generate higher GDV per acre once plans are finalised.

At RM20.60 psf, the acquisition price represents a 14% premium to the earlier 500-acre purchase from S P Setia. 

“We view the premium as justified, given the land’s adjacency to M Legasi 1, existing infrastructure readiness, and integration potential within the expanded masterplan,” said TA.

Overall, the acquisition cost is reasonable considering its strategic location within the southern Klang Valley, robust demand for affordable-to-mid-tier landed homes, and Mah Sing’s proven execution track record in township developments.

The acquisition aligns with Mah Sing’s strategy of securing prime land in Greater KL to expand its M Series portfolio.

M Legasi 2 will strengthen the group’s foothold in the Klang Valley’s southern corridor, leveraging improving connectivity and steady housing demand. —Nov 4, 2025

Main image: Rumah-i

 

The post Mah Sing strengthens southern Klang Valley presence with RM1.7bil township project: TA Securities first appeared on Focus Malaysia.

“}]] 

Author: CS Ming

7 thoughts on “Mah Sing strengthens southern Klang Valley presence with RM1.7bil township project: TA Securities

  1. Das Bellagio empfängt seine Gäste in einem eindrucksvollen Gebäudekomplex,
    vor dem das charakteristische Wasserspektakel der „Fountains
    of Bellagio“ stattfindet, welches das Resort unverwechselbar macht.
    Dank luxuriöser Ausstattung und perfekter Lage am Las Vegas Strip bleiben keine
    Wünsche offen. Das Hotel bietet auch eine Vielzahl von Freizeitaktivitäten wie Wandern und verschiedene sportliche Aktivitäten.
    Entspannen Sie in den 5 Innenhofpools oder genießen Sie die Sonne
    auf der Sonnenterrasse.
    Denis ist ein echter Profi mit langjähriger Erfahrung in der Glücksspielbranche.
    Ja, das Bellagio ist bestrebt, allen Gästen, auch denen mit Behinderungen, eine einladende und barrierefreie
    Umgebung zu bieten. Einwohner von Nevada können in der Regel die ersten drei Stunden kostenlos parken, sofern sie
    bei der Ausfahrt einen gültigen Führerschein aus Nevada vorlegen. Das Bellagio bietet seinen Gästen sowohl Selbstparker- als auch Valet-Parkplätze.

    Der Canyon ist bekannt für seine atemberaubende Schönheit und seine vielfältige Tier- und Pflanzenwelt.
    Der Garten ist ein beliebtes Ziel für Touristen und Einheimische gleichermaßen und bietet eine entspannende Umgebung, um dem Trubel
    der Stadt zu entfliehen. Auch die zahlreichen Picknickplätze, Spielplätze und Wasserspiele bieten eine willkommene Abwechslung für die ganze Familie.

    Die Kleinen können sich auf Abenteuersuche begeben, die
    Natur erkunden und spielerisch lernen.

    References:
    https://online-spielhallen.de/vegas-casino-bonuscode-ihr-schlussel-zu-aufregenden-belohnungen/

  2. When it is your turn to roll, the number featured on the dice indicates the number of
    spaces you can move a single checker. When playing Backgammon 24/7, you can set the difficulty level before starting the game.

    When played, it can double the score earned in a single roll.
    Bear off refers to removing your checkers from the board and to your home base.
    Backgammon is played on a board, which features 24 points/triangles.

    This provides them with a low-pressure way to get to grips with the game.
    The number of points earned can vary, however, depending on the state of the board when you bear out.
    The goal of Backgammon is to ensure that your tiles have made their way across the board
    and back to their home point. If you rolled as above,
    this means that you could move your first tile one point
    along and another six points along. This means that you can choose between easy, medium, hard,
    or expert, depending on your skill level or understanding of the game.

    A closed point is any point that is currently occupied by at
    least one checker.
    If you place your checker on a point where an opponent has placed a single checker,
    you knock their checker off the board – sending it back
    to the beginning. Your “home” board is directly opposite
    your opponent’s “home” board. Technically, the game can be doubled up to 64 times the score, but it rarely goes beyond
    4. The option to redouble belongs exclusively to the player who accepted the double.
    The opponent must either accept th doubled stake or
    resign to defeat immediately (thus ending the game).

    References:
    https://blackcoin.co/57_instant-play-casinos-2022_rewrite_1/

  3. Australian players can play at online casinos by signing up at licensed sites
    like those featured here, depositing funds, and choosing
    real money casino games. Instead, the law completely outlawed all regular AU online casinos
    that offered real money games like pokies, card games, poker and live dealer tables.
    Titles like Jackpot Raiders, Lucky Cat, Dr. Fortuno, and Aztec Coins deliver that steady, suspenseful build-up loved by players chasing long-term wins at top online casinos real
    money sites. The best online casinos Australia for real money typically offer match bonuses on first deposits.
    Yes, winning real money while playing casino games is
    possible in online casinos that accept Australian players and are licensed to accept real money
    wagers.
    If you play at top Australian casinos online, you can enjoy a casino game selection from leading software providers like NetEnt, RealTime Gaming,
    BetSoft, Boongoo, Evolution Gaming, Pragmatic Play, Quickspin, and
    many others. Loyalty pays off at top rated Australian online casino sites.

    Deposit bonus offers are used to reward players who regularly fund their accounts.

    They let you win real money without a deposit, though winnings often come with higher wagering requirements, like 40x at times up
    to 70x.
    Still wondering what is the best online casino in Australia?
    Just open your online casino account, verify you are human,
    head to the cashier section, choose your method, and follow
    the on-screen prompts. Here are the most common ways Aussies fund and cash out at
    online gambling Australia sites.
    Check the multiplier on wagering, whether it’s bonus-only or
    deposit+bonus, max bet limits, and the timer to clear it.

Leave a Reply

Your email address will not be published. Required fields are marked *