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Investment M VERTICA @ JALAN CHERAS, Reinvent Spaces. Enhance Life.

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post May 17 2017, 11:24 PM

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QUOTE(x132755 @ May 17 2017, 11:03 PM)
Yes, very soon.
Very cheap too
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Bro seem know some secret info,mind to elaborate more?hehe
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post May 17 2017, 11:31 PM

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QUOTE(x132755 @ May 17 2017, 11:29 PM)
Just heard someone said..
still not yet official announce 1..
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Hehe...can share the rumors that u hear about
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post May 17 2017, 11:42 PM

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QUOTE(x132755 @ May 17 2017, 11:38 PM)
Name also got already
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Come come share more info e.g psf price...😋
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post May 20 2017, 08:27 PM

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QUOTE(bf1119 @ May 20 2017, 07:49 PM)
Sky bridge to mrt v roof
Laville ans Sunway velo resi face a strong competitor ...
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Expect how much psf to be launch?below 700 consider good?
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post May 20 2017, 10:08 PM

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QUOTE(AskarPerang @ May 20 2017, 08:38 PM)
should be lower than tasik titiwangsa project.
if not better wait for that project instead at 600 psf.
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Boss...U mean MH Titiwangsa? I tot MH Cheras should exp than MH Titiwnagsa One? Here also MRT Property right?
Other development like Lavile,SDB project, J Dupion, Locus all d about 700-850 psf. If below 600psf with cover walkway to MRT then really thumbup.gif
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post Jul 3 2017, 11:48 PM

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QUOTE(accetera @ Jul 3 2017, 06:12 PM)
M VERTICA - 850 sf from RM450,000 onwards

Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil.

It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively with a combined GDV of RM2.35bil.

The property developer said in a statement on Monday that it had signed an agreement to acquire Cordova Land Sdn Bhd (Cordova), which has an offer accepted by DBKL to purchase the 11.233 acres of prime land along Batu 2.5 Jalan Cheras, Kuala Lumpur.

It said the land is 1.8km from the Sunway Velocity Mall and will be developed into M Vertica, an integrated development with an estimated gross development value (GDV) of RM2.2bil.

The land currently houses a surau, Kompleks Belia Bandaraya, and the aged Stadium Badminton Kuala Lumpur which will be reconstructed as part of Cordova’s corporate social responsibility.

It said the total consideration of RM263.48mil or about RM538psf was after taking into consideration the share sales, land cost and estimated reconstruction and upgrading cost, estimated at RM25mil allocated for Stadium Badminton Kuala Lumpur.

Mah Sing Group MD Tan Sri Leong Hoy Kum said the group was looking at residential suites from 850sqft at an indicative price from RM450,000 or RM529psf and a choice of larger units at 1,000 sqft.

“Upon the completion of MRT Line 1, Sunway Velocity Mall, My TOWN Shopping Centre and IKEA Cheras are all within walking distance from Cochrane station which is only one stop away from Maluri MRT station,” he said.

http://www.thestar.com.my/business/busines...ang-for-rm307m/
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Assume average 500k per unit, about 4.5k unit in making, crazy!!!

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post Jul 4 2017, 11:10 AM

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QUOTE(Leo_Element @ Jul 4 2017, 10:03 AM)
5 block 3674 units each block 50 floors....
3674/5 = each block 734 unit
734/50 = each floor = 15 units
450k for this high dense + HTC lol?
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More parklane in making? rclxms.gif
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post Jul 4 2017, 12:01 PM

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QUOTE(37 Exposures @ Jul 4 2017, 11:26 AM)
KL traders square response quite good, many will follow
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How about Maju KL, The Era, United Point, Sentul Point sales?
I wont follow for sure biggrin.gif
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post Jul 4 2017, 01:32 PM

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QUOTE(aaron1717 @ Jul 4 2017, 12:11 PM)
at this range.. the era is the lowest density already comparably....  laugh.gif  laugh.gif still gt majestic maxim, shamelin star, and all the high dense projects along jalan ampang and further inside cheras....  tongue.gif  tongue.gif
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When first hear about 3-4k unit look scary even in bigger land, but trend now more big number project in smaller land. greedy!

 

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