It is interesting how the 64-year-old founder, managing director and group chief executive of Mah Sing Group Bhd staves off challenges. Tending to go on the offensive, he would not hesitate to disrupt the market to dash to the finishing line in the shortest possible time.
"We are confident of meeting our property sales target and are committed to continue delivering commendable results via our property, plastics and healthcare divisions... As the market gradually returns to its growth momentum, I expect next year we will be seeing a strong rebound for the property market," says Leong.
While diversifying into the glove manufacturing industry, Leong says he will not give up his property development business as it still serves as the Group’s core business, contributing 89% to the group’s profit before tax in 2020. The remaining 11% came from plastic manufacturing (10%) and investment holdings and other businesses (1%).
The cost of construction has been creeping up. Prices of at least 15 essential steel products have surged 18% to 21% in January this year, from a year ago.
Noteworthy:
- Freehold
- Built-up: 7,501 sq ft
- Land area: 8,568 sq ft
- 5+1 bedrooms; 7 bathrooms
- Renovated unit that comes with garden space, a private lift and a private pool
- Amenities: Kemensah Forest Reserve, medical institutions like Columbia Asia Hospital and Glenmarie Medical Centre, International School of Kuala Lumpur, Aeon U2 shopping centre and Wangsa Walk Mall
- Accessible via the Ampang-Kuala Lumpur Elevated Highway (AKLEH), Kuala Lumpur Middle Ring Road 2 (MRR2) and Federal Highway
When: Jan 2021
These malls have done their very best to bring together designs and hues that inspire playful imaginations to lift the spirits – and for a few moments, we can enjoy a respite from the pandemic.
Noteworthy:
- Freehold
- Built-up: 4,600 sq ft
- Land area: 6,700 sq ft
- Semi-furnished with fittings such as built-in wardrobes, lightings, air-conds, water heaters, kitchen cabinets for wet and dry kitchens as well as some appliances
- 7 bedrooms; 4 bathrooms
- Renovation completed with Certificate of Fitness from Petaling Jaya City Council
- Accessible via the Lebuhraya Damansara-Puchong Highway, Penchala Link and New Klang Valley Expressway
When: Jan 2021
Education Minister Datuk Dr Mohd Radzi Md Jidin said PdPR will begin from May 16 to 27 for schools under first category, while schools under the second category will start from May 17 to 28.
The full return to pre-pandemic office life is unlikely to happen in the upcoming few years.
Zhang said that the new hotel launches will continue next year and beyond.
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