Mah Sing Group Bhd has officially launched M Amaya, its latest M Series residential development in Batu Maung, Penang, with Phase 1A achieving an impressive 92% take-up rate. The strong response highlights continued demand for well-located, affordable homes in Penang’s southern growth corridor.
Located within the Southbay township near the Penang Second Bridge, M Amaya is Mah Sing’s second M Series development in Penang following the successful launch of M Zenni.
RM516 Million Freehold Mixed-Use Development
M Amaya has an estimated gross development value (GDV) of RM516 million and is built on a 4.8-acre freehold site.
The development comprises:
One 37-storey tower.
833 serviced apartment units.
Ground-floor commercial shoplots.
Residential units are priced from RM480,000, with sizes ranging from 721 sq ft to 1,432 sq ft. Buyers can choose from studio-style layouts with 1+1 bedrooms to spacious four-bedroom units, featuring both sea-facing and garden-facing views.
Mah Sing is targeting young professionals, first-time homebuyers, couples and young families seeking modern homes close to Penang’s major employment hubs.
Village Grocer Named Anchor Tenant
Mah Sing announced that Village Grocer will serve as the anchor tenant for M Amaya's retail podium, occupying nearly 19,000 sq ft of retail space.
The supermarket is expected to provide convenient grocery shopping for both residents of M Amaya and the surrounding Southbay City community once the development is completed.
The inclusion of a well-known supermarket further enhances the project's liveability by offering residents easy access to daily necessities within walking distance.
Sustainable and Future-Ready Living
M Amaya has been designed with sustainability as a key priority and is targeting GreenRE Gold Certification upon completion.
Its green features include:
20 electric vehicle (EV) charging bays.
Energy-efficient LED lighting in common areas.
Solar energy systems for selected common facilities.
North-south building orientation to improve natural ventilation and daylight.
Rainwater harvesting system.
Low-VOC paints and environmentally friendly building materials.
The development also offers more than 40 lifestyle facilities, including:
Pickleball court.
Yoga room.
Co-working spaces.
Family recreational areas.
Community gathering facilities.
Strategic Location in Penang's Southern Growth Corridor
M Amaya enjoys a strategic location within Batu Maung, providing excellent connectivity to major infrastructure and employment centres.
Nearby landmarks include:
Approximately 900 metres from the Penang Second Bridge.
Around 4km from the upcoming Penang Silicon Island.
Adjacent to the Bayan Lepas Free Industrial Zone (FIZ).
About 7km from Penang International Airport.
Around 4.6km from the future Permatang Damar Laut LRT Station.
Mah Sing also plans to introduce a dedicated shuttle service connecting residents to Queensbay Mall, Penang International Airport and the future LRT station.
Residents will also benefit from proximity to schools, universities, healthcare facilities, shopping centres and major highways, making the development suitable for both homeowners and investors.
Community Development Initiative
Coinciding with the project launch, Mah Sing officially unveiled the upgraded Batu Maung roundabout, a Corporate Social Responsibility (CSR) initiative carried out in collaboration with Majlis Bandaraya Pulau Pinang.
The enhancement project, valued at approximately RM875,000, included new landscaping, landmark sculptures, improved lighting, signage and infrastructure upgrades to create a more attractive entrance into Batu Maung.
Mah Sing Continues Strong Sales Momentum
Mah Sing reported RM978 million in property sales during the first five months of 2026, progressing towards its full-year sales target of RM2.76 billion.
The company continues to focus on expanding both its residential and industrial development portfolio across Penang, Klang Valley and Johor through strategic land acquisitions.
Mah Sing believes Penang's ongoing infrastructure developments—including Penang Silicon Island, the Penang International Airport expansion and the future Mutiara LRT Line—will continue to generate employment opportunities and support long-term residential demand.
What I Learned
M Amaya's strong 92% take-up rate demonstrates that demand for affordable, well-connected residential developments in Penang remains resilient, particularly in the rapidly growing Batu Maung and Bayan Lepas corridor. Buyers continue to value projects that combine competitive pricing, lifestyle facilities, sustainability features and convenient access to employment centres.
The appointment of Village Grocer as the anchor tenant further enhances the project's attractiveness by creating a self-sustaining mixed-use community. Combined with major infrastructure projects such as Penang Silicon Island, the Mutiara LRT Line and the airport expansion, Batu Maung is strengthening its position as one of Penang's key residential and investment hotspots, offering strong long-term growth potential for both homeowners and property investors.
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 9 Jul 26
Malaysia