14 January, KUALA LUMPUR – Mah Sing Group Berhad (Mah Sing) is off to a great start for the year 2021, celebrating its first topping up ceremony of the year for M Vertica’s Tower A in Cheras recently, signifying the completion of the structure of Tower A. M Vertica has achieved 92% take-up for the first three towers with homebuyers will still have the opportunity to own the remaining choice units in Tower D currently.
Mah Sing’s Chief Executive Officer, Datuk Ho Hon Sang, senior management team of Mah Sing, as well as consultants and main contractors who are involved in the development of the project were present at the ceremony.
Mah Sing’s Founder & Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “M Vertica has been one of our highlight projects since the initial launch of both Tower A and B back in 2018. We are pleased to kick start 2021 with the topping up ceremony of Tower A, which our home buyers of Phase 1 can expect to move in very soon in early 2023. Homebuyers who are still interested in M Vertica could be in luck as there are some choice units in Tower D available for selection right now, and of course, the upcoming launch of Tower E is also expected to be happening in Q2 2021.”
“We hope interested homebuyers would grab this opportunity as they would be eligible to enjoy the benefits from our latest HOME With Mah Sing Campaign, coupled with the property friendly incentives given by the government and the low interest environment due to the record low Overnight Policy Rate.” Tan Sri Dato’ Sri Leong Hoy Kum added.
M Vertica which has a Gross Development Value of approximately RM2.2 billion, comprises 5 towers and will stand at 54 storeys (Tower A, C and E) and 53 storeys (Tower B and D) high respectively upon completion of all towers. In conjunction with the topping up ceremony, Mah Sing also announced that M Vertica Phase 1 has successfully recorded over 1.8 million safe man hours without Lost Time Injury.
Mah Sing’s Chief Executive Officer, Datuk Ho Hon Sang said, “We are glad to celebrate these 1.8 million safe man-hours whilst remain on-track to meet the delivery schedule for our home buyers, notwithstanding construction works were halted during the Movement Control Order last year. This reflects our dedication to ensure that M Vertica will be delivered on time by working closely with our contractors but also safeguard the welfare of our workforce on site as well.”
Construction progress of M Vertica’s Phase 1 which comprise of Tower A and B is currently at around 65%, while construction progress of Phase 2 which consist of Tower C, D and E has approximately reached 45%. M Vertica’s Phase 1 is expected to deliver vacant possession in Q1 2023.
“Moving forward, we are optimistic with our ongoing projects including M Vertica as we have seen promising take-up rates in line with the local economic recovery. We believe we are able to cater for different market needs through the right product mix as our projects are located in strategic locations across the cities. We are confident that these will bode well with all the various initiatives introduced by the government especially to stimulate the property industry.” Datuk Ho Hon Sang added.
In addition to M Vertica’s Tower A topping up, Mah Sing is also expected to celebrate another topping up for M Centura within the first quarter of the year.
M Vertica – Affordably Priced Urban Luxury In The City
M Vertica is a mixed-development located in Cheras featuring family-friendly layout units designed for contemporary urban families. The project boasts the tallest residential towers in Cheras and one of the largest landscaped-and-facilities deck in a KL high rise. The facilities podium will be built on top of the residential parking which provides the residents with a nice KL skyline view while enjoying most of the facilities.
M Vertica offers residential units with built up of 850sqft (3-bedroom) and 1,000sq ft (4-bedroom), priced from RM450,800, and is deemed ideal for owner-occupiers and investors. In addition, M Vertica’s 4.54 acres of landscape & facilities deck houses over 40 exclusive facilities for all age groups such as children water splash play area & chill area, as well a 50m infinity swimming pool, with the variety of facilities provided will be able to all walks of life and age. The vast number of facilities are in line with Mah Sing’s focus to enhance the lives of its customers, tying back to the Group’s tagline ‘Reinvent Spaces. Enhance Life’.
M Vertica is also a Transit-Adjacent Development, strategically located close to Maluri LRT & MRT Interchange (500m walking distance) with covered walkway provided, and 800m to Taman Pertama MRT Station. The project also has excellent connectivity as it is accessible via major roads such as Jalan Loke Yew, Jalan Pudu, Jalan Tun Razak, the KL-Seremban Highway and the SMART tunnel. Mah Sing will also develop a dedicated direct ingress & egress ramp to and from Jalan Cheras for M Vertica.
With such connectivity, residents in M Vertica will have a lot of alternatives when it comes to surrounding amenities such as educational institutions and shopping malls like Aeon Taman Maluri and Sunway Velocity – bringing convenience to the families and meeting all their different needs. M Vertica also emphasises highly on safety features for our residents by incorporating the high frequency tag system for car access, CCTV at all entry points, and separate entries for retail and residential carpark and more.