KUALA LUMPUR: The growing interests from Chinese investors in Malaysian properties has prompted Mah Sing Group Bhd to open a representative office in Shanghai to feature its residential and commercial properties.
The office will serve as a business liaison between Mah Sing, local regulators and local companies in China to explore the property development industry in China.
It will conduct market and product research, marketing, brand promotion and coordination of the group's activities in China.
"In terms of accessibility, climate, culture, livability, and political stability, Malaysia is an attractive avenue for Chinese property investors," said group managing director and group CEO Tan Sri Sri Leong Hoy Kum in a statement.
Leong said the opening of Mah Sing's Shanghai representative office is another milestone for the group to firmly establish Mah Sing as Malaysia's premier lifestyle property developer of choice for Chinese investors.
Some of the projects with potential sales among Chinese investors are resort-style living Icon Residence Mont' Kiara, residential suit and boutique shops MCity Jalan Ampang and mixed commercial development Icon City Petaling Jaya.
By Business Times
Wednesday, February 15, 2012
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