Potential buyers inspecting the scale model of M Luna
KUALA LUMPUR: Mah Sing Group Bhd (Mah Sing) plans to roll out another 200 units in M Luna phase 1B after recording a 90% take-up over its weekend launch.
The launch, from June 13 to 14, attracted a good crowd who were drawn by the project’s design, good location, and pricing.
The commendable take up was achieved on the back of the sales team’s continuous dedication and commitment in following up with potential buyers and providing personalised consultation, according to Mah Sing CEO Datuk Ho Hon Sang.
Given the strong take-up, Mah Sing plans to roll out its next phase, which will be eligible for early bird privileges, soon.
The most affordable units for M Luna have built-ups from 700sqft and priced from RM385,000, ranging from two to four bedrooms configurations with one to two parking bays per unit.
M Luna is situated adjacent to Forest Research Institute Malaysia and the 253-acre Kepong Metropolitan Park. All units of M Luna are north-south orientation, is designed with low volatile organic compound paint, and is equipped with express car park ramps for buyers’ ease of convenience.
Among other unique features of M Luna include naturally ventilated bathrooms, cross natural ventilation for common corridors and stream pneumatic waste management centralised garbage disposal system.
Other features are the rainwater harvesting system for landscaping, two electric vehicle charging stations, Led Lighting at all common areas and a multi-tier security system.
As a participating project in Mah Sing’s Eazy to Own Campaign, buyers can also take advantage of the Maybank Islamic HouzKEY, an innovative home financing solution that can provide buyers with easy entry of up to 100% financing and lower monthly instalments.
Ho said the weekend launch is a testament that properties in the right location remain strong.
“This positive result is also on the back of the government’s recent Home Ownership Campaign (HOC) 2020 announcement.
“Buyers can leverage on the HOC 2020 under the Penjana Plan, which includes stamp duty exemption on the instruments of transfer for residential properties limited to the first RM1 million of the home price, and full stamp duty exemption for loan agreement.
“This bodes well for Mah Sing as 84% of our target sales for 2020 are for residential properties priced below RM700, 000,” said Ho.
“Despite the current market conditions due to the Covid-19 pandemic, we are cautiously optimistic that the demand for affordably priced properties of good quality at strategic locations will remain resilient,” he said.
Property is still one of the safest forms of asset class for long-term capital protection and appreciation, he said.
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