15 October, 2019


mah sing prize

For many Malaysians, owning a home is high up in the wishlist as they grow into adulthood. Sure, renting is a more affordable option, but let’s face it, there’s nothing like having a home that’s truly yours to design and live in. Sounds perfectly dreamy, but recent developments have made it difficult to buy one.

Home Ownership Woes

In recent years, there has been a large number of unsold properties in the country as Malaysians have slowed down on buying homes due to a number of reasons. Two of the main factors are high property prices and stricter home loan approvals set by financial institutions. Both these factors mean homeownership has become out of reach for many Malaysians.

This situation, which is definitely not ideal, can be quite demotivating if you want to own a home to live in. There is some good news, however: both the Malaysian government and property developers are addressing this issue with a number of initiatives to give more value for potential home owners.

Home Ownership Just Got More Rewarding

mah sing lock and win

To celebrate its 25th anniversary, Mah Sing has launched the “Lock and Win” Campaign which runs until 30 September. This campaign not only offers a minimum 10% discount off selected projects with stamp duty exemptions, new home owners also stand a chance to win from RM2 million worth of prizes, including cash rewards up to RM50,000 and hotel vouchers. Winners will be selected via a lucky draw from a pool of buyers who signed their sale and purchase agreements (SPA) with the booking fee required paid by the end of the campaign.

On top of that, this campaign also offers an opportunity to earn up to RM60,000 when you refer your friends and family to purchase Mah Sing properties. So not only will you be recommending some quality properties to your loved ones from a respected and established developer, you can get rewarded in the process too! You’d also be encouraging them to take advantage of the HOC incentives so it’s a win-win for everybody.

Participating Projects for the Lock and Win Campaign

The Lock and Win campaign covers a large variety of Mah Sing properties across Peninsular Malaysia. You can take part in the campaign when you purchase the following Mah Sing properties:

  • M Oscar (Off Kuchai Lama, KL)
  • M Aruna (Rawang, Selangor)
  • M Vertica (Cheras, KL)
  • Sensory@Southville City (Bangi, Selangor)
  • M Arisa (Sentul, KL)
  • Meridin East (Pasir Gudang, Johor)

On top of a wide variety of locations, Mah Sing projects also cater to a variety of budgets, ranging from the affordable (Meridin@ Medini from RM266,000) to the luxurious (Legenda from RM4.9 million).

The Home Ownership Campaign

In January this year, the Housing and Local Government Ministry launched a Home Ownership Campaign (HOC) that offers benefits such as:

  • Total stamp duty exemption for properties priced up to RM1 million
  • Discounted stamp duty for properties priced between RM1 million and RM2.5 million (3% stamp duty)
  • Total exemption on stamp duty for Instrument of Securing Loan for properties up to RM2.5 million
  • 10% discount on property price for properties under the HOC scheme.

This campaign was designed to encourage the purchase of new unsold properties as well as make it easier for Malaysians to own homes for residential purposes. While initially intended to end at the end of June 2019, the HOC has recently been extended to the 31 st of December 2019 to give Malaysians more time to find the right home and enjoy the HOC’s benefits.

With this extension, potential home buyers can double dip in rewards by taking advantage of both the Mah Sing Lock and Win campaign with the HOC, as a number of Mah Sing properties are eligible to enjoy the HOC benefits.

For more information on the “Lock and Win” campaign, visit mahsing.com.my/lockandwin.

Source: https://ringgitplus.com/en/blog/Sponsored/Win-Prizes-Worth-From-RM2-Million-When-You-Buy-a-Mah-Sing-Property.html


Register for blog updates.

m vertica cheras condominium

The Top 6 Best Condominiums in Kuala Lumpur to Invest in Now

August 16, 2022


Why Property Investment In Malaysia Is Still The Best Kind Of Investment Now

August 16, 2022

Southville City by Mah Sing Group

Looking At Bangi For Sale Of Property? 3 Reasons Why It Deserves A Serious Consideration

June 18, 2020


7 New Mah Sing Launches To Watch Out For In 2022

March 10, 2022


How To Use Step-Up Financing To Get Your Dream Home

August 10, 2022

Related Posts

couple happily moving in benefitted from HOC 2020-2021
Final chance to buy a dream home under the HOC 2020-2021!
1 November, 2021
Read More
What is Eazy To Own?
What is Eazy To Own?
8 April, 2020
Read More
Mah Sing special promotion
Mah Sing & Dacsee partner up to offer a special promotion for users travelling to-and-fro selected Mah Sing’s sales galleries
23 October, 2019
Read More

Tell us what your search is today