Mah Sing says shopping time for land as Malaysia rebound seen


Mah Sing group managing director Tan Sri Leong Hoy Kum: "Every weekend is shopping time for me and sometimes I charter a helicopter to look at land the size of 500 acres to 1,000 acres.

"The market has stabilised," Leong said at his office in Kuala Lumpur on Tuesday. "Every weekend is shopping time for me and sometimes I charter a helicopter to look at land the size of 500 acres to 1,000 acres.”

Malaysian home builders have struggled since 2013 when the government started imposing stricter lending rules after cheap credit fuelled a buying frenzy and helped contribute to record household debt in the South-East Asian nation. 

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
   

Others Also Read