Login to PropSocial
Are you an agent? Sign Up Here
Not a Propsocial member? Sign Up
Sign Up with PropSocial
Already a Propsocial member? Login
M Vertica is the latest addition in the property line in Cheras. It is a luxury condominium, slated to be the largest and tallest residency in the area, standing at almost 50 storeys high, and over 3,000 units to be opened for sale in phases. The development is estimated to be completed by 2021.
The first phase, which consists of just 1 tower, has 2 types of layouts to offer to its prospects; Type A and B. Type A is the smaller unit, with a built-up of 850 sf, and comes with 3 bedrooms and 2 bathrooms. The larger unit is Type B, sized at 1,000 sf, with 4 bedrooms and 2 bathrooms. The units will be priced from RM478,800, an affordable price judging by the luxurious nature of the condominium. The residence is aimed at first home buyers, young adults, working adults and home upgraders, much thanks to its affordable price and reasonable size.
M Vertica boasts a large amount of facilities, claimed to have the largest selection of amenities among developments within the area, with 38 of them. There are themed gardens and decks for tenants to go to when they need time off just for fresh air and a bit of recreation. There is also a sports complex that consists of a futsal court, basketball court and tennis court. A badminton court is also included, closer to the multi-purpose hall that will be provided for social gatherings and events.
In addition to the hall, there is also a picnic and barbecue zone. Outdoor fitness stations, gym and a ladies gym will be provided for those who are looking to keep themselves fit at the comfort of their own homes, and with enhanced privacy. Other facilities include swimming pools, children’s playground, as well as reflexology, jogging and bicycle paths, just to name another few.
Located in the heart of Cheras, at the old site of the Kuala Lumpur Badminton Stadium, there are tonnes of amenities that are nearby, especially big malls, such as IKEA Cheras and MyTown Shopping centre, which are both just a drive away. Within walking distance is the Sunway Velocity Mall. The badminton stadium, which has been relocated, will also be nearby, providing an option for recreation. Tenants will also be close to the entertainment hub of Kuala Lumpur - Tun Razak Entertainment Centre (TREC), which houses bars, restaurants and Zouk.
The Besraya Highway provides easy access to M Vertica, though traffic may be a problem getting to and from the area. However, the Maluri Mass Rapid Transit (MRT) and Light Rail Transit (LRT) stations are a stone’s throw away from the condominium. Other highways linked and accessible from M Vertica include the Maju Expressway (MEX) and the Kuala Lumpur 2nd Ring Road Highway (MRR2).
No articles available for this property.
Would you like to see our Articles page instead?
Plan a site visit, or request for more information on this floor plan now!
CLICK HERE TO USE MAP
Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
M Vertica | 2021 |
RM360,000
-
RM650,000
RM 419 psf - RM 764 psf |
RM750 - RM750 | NIL | 5.64 % |
Sunway Velocity | 2017 |
RM300,000
-
RM1,550,000
RM 306 psf - RM 1,199 psf |
RM2,200 - RM2,200 | NIL | 3.7 % |
Sky Vista Residensi | 2014 |
RM584,000
-
RM960,500
RM 343 psf - RM 565 psf |
RM1,200 - RM1,200 | NIL | 2.42 % |
Villa Seri Puteri | 2014 |
RM400,000
-
RM650,000
RM 307 psf - RM 593 psf |
RM1,500 - RM1,500 | NIL | 4.11 % |
Amaya Maluri | Dec 2013 |
RM342,000
-
RM1,012,000
RM 415 psf - RM 737 psf |
RM1,500 - RM1,500 | NIL | 3.63 % |
Vistaria Residensi | June 2012 |
RM474,000
-
RM765,000
RM 307 psf - RM 549 psf |
RM1,800 - RM1,800 | NIL | 5.11 % |
Pertama Residency | 2009 |
RM292,000
-
RM556,800
RM 288 psf - RM 668 psf |
RM1,300 - RM1,300 | NIL | 3.95 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 424 psf | - | RM 414 psf |
1,000 - 1,500 SQ. FT | RM 377 psf | - | RM 299 psf |
1,500 - 2,500 SQ. FT | RM 354 psf | RM 525,000 psf | RM 2,007,500 psf |
2,500 - 4,000 SQ. FT | RM 688 psf | RM 1,810,000 psf | - |
4,000 SQ. FT and above | - | RM 1,430,000 psf | - |
Note:
Down Payment (10%) | RM 47,880 |
Loan Amount ( 90 %) | RM 430,920 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of M Vertica? Fill in your details and we will get right back to you!