M Vertica’s newly launched Tower B records strong take up rate of 87% over a weekend

The crowd at M Vertica’s Tower B launch

5 March, KUALA LUMPUR – Mah Sing Group Berhad (Mah Sing) launched the second tower (Tower B) of M Vertica in Batu 2.5 Cheras last weekend (3 & 4 March). The launch achieved a strong take up rate of 87% with 200 units sold from a total of 230 units launched.

Tower B comprises 685 units of serviced apartments with built ups of 850sq ft (3 bedroom) and 1,000sq ft (4 bedroom), priced from RM450,800.

M Vertica has been very well received by the public since its first launch. The development’s Tower A which was launched last November also achieved a good take up rate of 85% from a total of 808 units.

Mah Sing’s Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “We put a lot of thoughts into planning M Vertica in Cheras as we want to create a product that would meet the immediate demand of the area. From the affordable pricing and strategic location to sizeable built ups and convenient facilities, M Vertica is designed to cater to first-time homebuyers, working professionals, families and investors. Seeing the overwhelming response with this development, we believe that our strategy is in the right direction. We would definitely continue to do develop products like this to enable everyone to own a home.”

A Transit-Adjacent Development (TAD) with starting price of RM450,800

M Vertica is part of Mah Sing’s ‘Reinvent Affordability’ campaign which offers good product specifications in strategic locations at affordable prices near public transportation infrastructure such as MRT and LRT. It features one of the largest facilities decks in Kuala Lumpur, spanning 4.5 acres with over 40 facilities which include a swimming pool, unisex gym and women’s gym, as well as a jogging and cycling track.

With a GDV of RM2.2billion, M Vertica’s key feature is that it is a TAD only 500m to the Maluri LRT and MRT Interchange station and 800m to the Taman Permata MRT station. It is easily accessible via major roads and highways such as Jalan Loke Yew, Jalan Pudu, Jalan Tun Razak, KL-Seremban Highway, SMART tunnel as well as other road arteries. It is also just 4.5km to KLCC via Jalan Cheras and 2 MRT stations away from the Tun Razak Exchange. Mah Sing plans to develop a dedicated ramp from Jalan Cheras into M Vertica which will help alleviate traffic along Jalan Cheras, subject to approval from the local authorities.

Located in a prime location in Cheras, it is near shopping destinations such as Sunway Velocity Mall (800m away), IKEA Cheras and MY Town (both 2.5km away). There is a covered walkway to the LRT and MRT stations as well as Sunway Velocity Mall. There are also many educational institutions and medical centres such as Taylor’s International school KL, SRJK (C) Naam Kheung, Price Court Medical Center and Pantai Hospital,Ampang within 5km of the development.

Share