KUALA LUMPUR (March 5): Mah Sing Group Bhd opened its M Vertica Tower for sale on Saturday. M Vertica’s Tower B comprises 685 units of serviced apartments with built ups of 850 sq ft to 1,000 sq ft, priced from RM450,800. The opening of the M Vertica Tower B was held in conjunction with M Vertica’s Chinese New Year open house.

Mah Sing group managing director Tan Sri Leong Hoy Kum and his key management team were present at M Vertica’s open house to witness the lion dance performance and join visitors for the traditional yee sang tossing ceremony.

Said Leong: “We are excited to open M Vertica’s Tower B especially since we recorded such good interest from Tower A. In November 2017, we previewed M Vertica’s Tower A as part of our ‘Reinvent Affordability’ campaign and 85% of Tower A was taken up from the units opened during its 2-day weekend preview. In fact, prior to the opening of Tower B, we have recorded more than 9,500 registration of interest from buyers. We are confident we can replicate Tower A’s success as M Vertica has value added features which make it a standout development.”

M Vertica’s key feature is that it is a transit adjacent development (TAD), only 500m to the Maluri LRT (light rail transit) and MRT (mass rapid transit) 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, Kuala Lumpur-Seremban Highway, SMART tunnel as well as other road arteries. M Vertica is just 4.5km to KLCC via Jalan Cheras and two MRT stations away from the Tun Razak Exchange.

“M Vertica is targeted at first-time homebuyers as well as young families and couples working in the Kuala Lumpur area. Buyers looking to upgrade their homes, especially those staying in the Cheras area will also consider M Vertica for its various facilities and TAD features.

“We put a lot of thought into the facilities we included in M Vertica because we want to make them relevant to the millennial generation who are looking for their first homes. The development is also expected to garner good capital appreciation and rental yield in the future as it is located in a mature township and near shopping malls and public amenities, making it appealing to investors,” said Leong.

This article first appeared in The Edge Financial Daily, on March 5, 2018.

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