KUALA LUMPUR: Mah Sing Group Bhd (Mah Sing) celebrated the completion of M Adora Tower A and B’s structure with a simple topping-up ceremony recently.
“Our affordable M Series have been receiving good take-up rates due to the attractive price points, practical layouts, facilities and good locations. Launched during the pandemic in 2020, M Adora has achieved an encouraging 96% good take-up, indicating the high demand for properties in this location.
“As a result, the group intends to launch M Astra this year, capitalising on the spillover demand from M Adora. M Astra is strategically located near Setapak's matured neighbourhood, with excellent connectivity and ready amenities,” Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said.
Located in Wangsa Melawati, both towers achieved a 96% take-up rate. Meanwhile, M Astra is scheduled to be launched in the third quarter of 2022.
"The second half of 2022 is definitely an ideal period for homebuyers to secure their dream home as Mah Sing has recently launched its own home ownership campaign named Home, offering attractive perks for homebuyers such as zero down-payment, free stamp duty, easier loan approval and lower monthly instalment.
“M Adora is one of the participating projects, together with another 12 of our projects in Klang Valley, Southern and Northern regions,” Mah Sing group chief executive officer Datuk Ho Hon Sang said.
With a total of 677 units between two towers, the construction of M Adora is estimated to be at 73% completion. The entire project is scheduled for completion by the second quarter of 2023.
“We are confident that our ongoing and upcoming projects will be well received by homebuyers because investing in properties is still an effective hedge against inflation and demand for affordably priced properties remains high.
“We will maintain our product leadership position in affordable homes by developing projects in strategic locations with attractive price points and well-designed features to meet the needs of various market segments,” Ho added.