Mah Sing posts highest property sales since 2015 at RM2.51 billion

Mah Sing Group Berhad has achieved its highest property sales since 2015, recording RM2.51 billion in the financial year 2025. This marks an increase from RM2.41 billion in the previous year. For the financial year 2026, the group has set an ambitious target of RM2.76 billion in sales, bolstered by new project launches valued at RM3.45 billion.

Group Managing Director Tan Sri Leong Hoy Kum attributed the strong performance to the consistent execution of the company's strategy. "We are focusing on resilient market segments, maintaining financial discipline, and building diverse growth engines to create long-term sustainable value for shareholders," he stated. Beyond short-term property sales, Mah Sing is strengthening its future income base through strategic land acquisitions and industrial development within the Johor-Singapore Special Economic Zone (JS-SEZ).

The company also maintained its commitment to shareholders by declaring a dividend payout ratio of nearly 50% for FY2025, among the highest in two decades, continuing its uninterrupted dividend payment record for twenty years. This disciplined strategy allows the group to expand its development pipeline while maintaining a healthy financial position.

Mah Sing expanded its land bank in 2025 by acquiring six strategic plots with an estimated Gross Development Value (GDV) of RM6.4 billion. A key project is the MS Industrial Park @ Kulai, spanning 419.17 acres with a GDV of approximately RM2.26 billion, developed in partnership with KLK Land. Located within the JS-SEZ, this project is slated for launch in the second half of 2026 and is expected to benefit from demand in the industrial, logistics, advanced manufacturing, and data center ecosystems.

The group is also enhancing its presence in the digital infrastructure and artificial intelligence (AI) sectors by allocating strategic sites for data center development. For the first five months of FY2026, Mah Sing has already recorded property sales of RM978 million, driven by ongoing demand for its existing projects. With planned launches for the remainder of the year, the company is confident in achieving its annual sales target.