Batu maung: Mah Sing Group Bhd’s latest freehold high-rise mixed development, M Zenni, has reported a 70 percent take-up rate, indicating robust market demand for quality homes in Penang. The development reflects the group’s ongoing confidence in Penang’s growth potential and commitment to sustainable, value-driven projects.

According to BERNAMA News Agency, Mah Sing’s Group CEO, Datuk Voon Tin Yow, highlighted M Zenni as a testament to the company’s successful launches in Penang. He expressed confidence that the development would resonate with the market, noting its potential to be the first project in Penang to achieve GreenRE Gold certification upon completion.

The grand opening of the M Zenni Sales Gallery was officiated by Penang State Executive Councillor for Housing and Environment, Datuk Seri S. Sundarajoo. Voon detailed the project’s sustainable features, including solar panels, automated waste collection systems, energy-efficient fittings, and green landscaping, all designed to reduce the carbon footprint and promote an eco-friendly community.

With a gross development value of RM309 million, M Zenni includes 10 commercial shop lots and a 33-storey serviced apartment tower. The development offers three layout types: studio and 1+1-bedroom (688 square feet), three-bedroom (958 square feet), and four-bedroom (1,184 square feet), with prices starting at RM480,000.

Voon also mentioned Penang’s ongoing transformation initiatives, such as the Penang Silicon Island project, Penang International Airport expansion, and the upcoming Mutiara Line LRT, which are expected to create jobs and sustain housing demand.

Strategically located at the gateway to the Penang Second Bridge, M Zenni aims to provide a blend of urban convenience and natural tranquillity, catering to first-time homebuyers, professionals, and young families seeking modern, sustainable living. The project is scheduled for completion in the fourth quarter of 2029.