Frequently asked questions
We are one of the top property developers in Malaysia and the number 1 developer in
Melaka. Besides property, we also have businesses in sectors including hospitality, wellness,
agriculture, and fashion.
Dato Leong Sir Ley, the group chairman of our company, is also the managing director and
chief executive officer (CEO) of the Malaysian listed company Yong Tai Group (listing
number: 7066).
• Sheng Tai’s Core Business: Development of diversified industries, such as real estate
development, hotels, agriculture (durian) planting, medical treatment (stem cells), fashion
clothing and art culture. Committed to making Malacca the City of Hope, a tourism
highlight in Malaysia.
• The Malacca government’s future development prospects: Malacca Waterfront Special
Economic Zone (MWEZ) is a key development area of the government in the next 15
years. Together, Sheng Tai International and Yong Tai Group own more than 165 acres of
the development land.
Malaysia has a lot of potential for investment growth. Malaysia stands as a global top 3
producer of rubber and palm oil with rich natural resources. Malaysia is also the number one
country in healthcare around the world.
Malaysian Real Estate offers strong rental yields, typically 4%–6% for long-term rentals and up to 6%–8% for short-term or properties in heritage areas. Its growing tourism, affordable prices and development potential make it a smart choice for investors seeking high returns.