PETALING JAYA (June 25, 2026): Mah Sing Group Bhd is targeting RM2.76 billion in property sales for the financial year ending 2026, following its strongest annual performance in a decade with RM2.51 billion in sales recorded for FY2025.
The developer announced the figures at its 34th annual general meeting (AGM), noting that the new target represents an increase of about 10% year-on-year. The group also highlighted a RM3.45 billion launch pipeline to support its upcoming sales objectives.
According to Mah Sing, the larger pipeline provides sufficient project headroom to achieve its sales target, although specific details on individual developments were not disclosed at the time of reporting.
The group said its FY2025 performance was driven by sustained demand across its core market segments, supported by an active development pipeline and continued market appetite for its residential and industrial offerings.
Looking ahead, Mah Sing said its growth strategy will extend beyond conventional residential property development. The group is increasingly focusing on diversification into industrial land, data centre-related opportunities, premium residential projects, strategic land acquisitions, and expansion of its manufacturing business.
Founder and group managing director Tan Sri Leong Hoy Kum said the group’s results reflect consistent execution of a long-term strategy centred on resilient market positioning, financial discipline, and the development of multiple growth engines.
He added that Mah Sing is strengthening its future earnings base through exposure to industrial developments, particularly within the Johor-Singapore Special Economic Zone (JS-SEZ), as well as opportunities linked to Malaysia’s growing data centre ecosystem and broader economic expansion.
The group also emphasised capital discipline and balance sheet strength as key priorities in sustaining long-term shareholder value.
Mah Sing Group Bhd is one of Malaysia’s established property developers with projects spanning residential townships, integrated commercial developments, and industrial properties across key growth regions including the Klang Valley, Penang, and Johor. It also operates a manufacturing division, providing additional non-property revenue streams that help diversify earnings beyond the property cycle.
The company said it will continue executing its planned launches and strategic initiatives in the coming year, with further details on specific projects and timelines to be announced progressively.
Yao Mu Realty, based in Kuala Lumpur, Malaysia, specializes in industrial real estate for factories and land, delivering professional and efficient solutions.
Posted by Yao Mu Realty Sdn Bhd on 25 Jun 26
Malaysia