Mah Sing Group Bhd is disposing of approximately 78.8 acres of its Mah Sing DC Hub @ Southville City land for RM617.9 million, as part of its strategy to move further up the digital infrastructure value chain.
The group said it has, through its wholly-owned subsidiary Southville City Sdn Bhd, proposed to dispose of the commercial land to WG Malaysia X Sdn Bhd, a wholly-owned subsidiary of an established international digital infrastructure group.
Mah Sing founder and group managing director Tan Sri Leong Hoy Kum.
In a statement, Mah Sing said the transaction marks a significant monetisation of its development-ready digital infrastructure landbank, allowing it to recycle capital into higher-value opportunities.
The move represents a key milestone in the company’s strategic transformation from a property developer into an integrated digital and artificial intelligence (AI) infrastructure developer.
“Digital infrastructure represents a natural extension of our development capabilities, and we intend to build this into a meaningful second growth engine for Mah Sing over time,” said Tan Sri Leong Hoy Kum, Mah Sing’s founder and group managing director.
The group’s digital infrastructure strategy is driven by a “monetise, develop and own” approach, involving three complementary pathways: the selective monetisation of development-ready land, the development of enabling infrastructure and core-and-shell facilities, and the ownership of income-generating digital infrastructure assets in partnership with experienced operators.
While property development remains Mah Sing’s core strength, the group said it is leveraging its capabilities in landbanking, development, infrastructure delivery and strategic partnerships to expand into the digital infrastructure sector.
Through this second growth engine, the group aims to unlock capital from its landbank, progressively build recurring-income opportunities and establish long-term ownership of digital infrastructure assets, broadening its earnings base and creating sustainable long-term value for shareholders.
Mah Sing also said it is in the preliminary stages of plans to develop a colocation data centre within Mah Sing DC Hub @ Southville City, in partnership with an experienced colocation operator.
Beyond this, the group said it also sees further opportunities at Meridin East in Johor Baru and MS Industrial Park @ Kulai within the Johor-Singapore Special Economic Zone, which could potentially support multiple phases of hyperscale, AI and colocation development.
“AI is reshaping the global digital infrastructure landscape, and Malaysia is well positioned to capture a meaningful share of this growth,” Leong said. “Our ambition is to build Mah Sing into a company that can participate not only in property development, but also in the infrastructure supporting the next generation of AI and digital services.”
