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92% take-up status for M Vertica’s first 3 Towers

Mah Sing has achieved a 92% take-up status with booming popularity for the first three towers of M Vertica

PIC 22
The official topping up ceremony for M Vertica Tower A
From Left to Right: East Orient Consult Sdn Bhd Director – Ir Stephen See, SNA Consult Sdn Bhd Director – Bobby Soon, Mah Sing’s Chief Operating Officer – Yeoh Chee Beng, Eng Han Bina Sdn Bhd Director – Pua Teong Seng, Mah Sing’s Chief Executive Officer – Datuk Ho Hon Sang, A61 Architect Sdn Bhd Director – Jeffrey Ling, Mah Sing’s Project General Manager – Tan Lian Hup, Eng Han Bina Sdn Bhd Senior Project Manager – Jimmy Kee, and Pembinaan Bintang Baru Sdn Bhd Managing Director – Adam Yong

Mah Sing Group Berhad (Mah Sing) starts off the new year with the structure completion of M Vertica’s Tower A in Cheras and its first topping up ceremony of 2021. Along with it, M Vertica’s achievement of a 92% take-up for the first three towers.

A mixed development with family-friendly layout units designed for contemporary urban families, M Vertica is an affordable urban luxury in the city. The spiralling project consisting of 5 residential towers has a Gross Development Value (GDV) of RM2.2 billion; 54 storeys (Tower A, C and E) and 53 storeys (Tower B and D).

“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.”

Tan Sri Dato’ Sri Leong Hoy Kum, Founder & Group Managing Director of Mah Sing

Despite its near full taken-up status, there are still some choice units available in Tower D along with the highly anticipated launching of Tower E expected in the second quarter of 2021 for homebuyers to look forward to.

Mah Sing has also announced that M Vertica Phase 1 has successfully recorded over 1.8 million safe man-hours without Lost Time Injury in conjunction with the topping up ceremony. Despite the many turbulences of last year, they can remain on track to meet their homebuyers’ delivery schedule.

“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.”

Datuk Ho Hon Sang, Chief Executive Officer of Mah Sing

The construction progress of M Vertica’s Phase 1 (Tower A and B) is at 65% while Phase 2 (Tower C, D and E) has reached 45%. Phase 1 is expected to be ready for vacant possession in the first quarter of 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, Chief Executive Officer of Mah Sing

In addition, Mah Sing is also expected to celebrate another topping up for M Centura in the first quarter of the year.

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