Property Review

M Vertica @ Cheras

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Mah Sing Group

Location

Cheras, Kuala Lumpur

Type

Condominium/Apartment

Price

RM479k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing of RM478,800 is competitive for the Cheras market, offering affordability for first-time buyers, though value proposition depends on unit size, finishes, and amenities relative to comparable freehold developments in the vicinity.
  • **Location & Connectivity**: Cheras provides established residential appeal with reasonable accessibility to shopping centres and schools, but the absence of nearby MRT connectivity limits long-term capital appreciation potential compared to developments along the Klang Valley's expanding transit corridors.
  • **Development Risk & Timing**: The lack of a specified completion date presents execution and occupancy uncertainty; buyers should verify project timeline and Mah Sing's track record for on-time delivery, as delayed launches can impact both investment returns and occupancy planning.

NewProjek Score

9.5

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM478,800
Kuala Lumpur MedianRM850,000
Priced 44% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,600–2,200

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

Verified data 2021–2025

Price-to-Income

3.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Kuala Lumpur

Median Household Income

RM10,802/mo

DOSM 2024

Mean Household Income

RM13,985/mo

DOSM 2024

Households Above RM8k

~61%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Arte Star

Arte Corp

Sungai BesiRM245kNew Launch
M Luna

Mah Sing Group

KepongRM295kCompleted
Why Consider + Risk Factors

Why Consider

  • Established developer Mah Sing Group ensures quality construction standards
  • Cheras location offers vibrant commercial and residential community
  • Affordable entry price under RM500k for urban living
  • Freehold tenure provides long-term ownership security and value
  • Strategic KL location supports strong rental and capital appreciation

Risk Factors

  • No MRT/LRT station listed nearby — may affect future demand

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Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.