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Saturday, November 3, 2007

Mah Sing: Demand for houses in JB to rise

By The Star

JOHOR BARU: Mah Sing Group Bhd sees a boost in the demand for houses here with the implementation of the Iskandar Development Region and Singapore’s Sentosa Integrated Resorts projects.

“The population in Johor Baru will definitely increase due to the rise in job opportunities within the regions,” chief operating officer Ng Heng Phai said.

In view of this, the housing developer’s third project in Johor – the Sierra Perdana – was launched early this year.

Ng Heng Phai

Sierra Perdana, located in the Tebrau-Plentong area, was an ideal place to live for those working in the region, Ng told a press conference on Thursday.

The township was 18km from Johor Baru, 12km from the North-South Expressway and 35km from Senai airport, he said, adding that the township of modern and adventure living was targeted at buyers aged between 20 and 30.

He said a safari adventure park would be constructed linearly across the township to provide more greenery.

“Statues of animals such as elephants and giraffes will be placed along the paths to create a safari-like atmosphere,” Ng said.

Located on a 261-acre site, Sierra Perdana is a medium-range mixed-residential and commercial project with an estimated gross development value of RM526mil. It will comprise at least 3,589 residential units and 1,139 commercial units when fully developed.

Ng said the first batch of buyers could expect to receive their keys by mid-2008.

He said the group would also be launching its double-storey semi-detached homes, double-storey terrace homes and double-storey shoplots next year. The houses will be priced from RM178,000 to RM340,000.

Ng said the company had also launched a nationwide reward programme – the Mah Sing Treasure Blitz – in which house buyers stand a chance to win a bungalow worth RM800,000 and a business suite in Austin Centre Point worth RM88,000.

Ng said prizes worth a total of RM2mil would be given away. - by Ng Heng Phai

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