KUALA LUMPUR, Mah Sing Group Bhd has acquired a 111.29-hectare freehold parcel adjacent to its existing 202.34-hectare M Legasi township in Semenyih for RM273.5 million.
In a statement, the property developer said the acquisition paves the way for M Legasi 2, an integrated township featuring a mix of residential units and commercial spaces tailored to modern lifestyle needs.
The sale and purchase agreements were signed with Petaling Garden Sdn Bhd, a subsidiary of SP Setia Bhd.
“The newly acquired land enjoys existing road access, providing immediate connectivity and supporting faster project readiness. The development is planned over eight years, with registration of interest set for 2026 and project launch targeted for 2027,” the company said.
The acquisition involves two adjoining freehold parcels in Semenyih, with a total gross area of about 123.43 hectares — of which 111.29 hectares are net developable.
Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the move reinforces the group’s confidence in Semenyih’s growth potential as an emerging residential and commercial hub.
This marks Mah Sing’s third land deal in 2025, following the acquisitions of M Aria, a 1.12-hectare prime site in Sentul with a GDV of RM283 million, and another 0.59-hectare parcel in Kuala Lumpur City Centre, valued at RM1.28 billion in GDV.
