Housing has been an issue in Malaysia, especially in Kuala Lumpur, where people’s wage is unable to cope with the rising house prices. As a solution, developers came up with the idea of building more high-rise buildings with smaller spaces to cut costs.
Does this sound familiar? Yes, this is exactly what is happening in Hong Kong and Kuala Lumpur is heading to the same direction too.
Recently, a post on the Selangor Auction Property Facebook page had gone viral, with many netizens calling for a boycott due to the expensive listing price of the ‘Mini Hong Kong’ residential building in Cheras — M Vertica.
In the post, it announced that the residential units at M Vertica will be auctioned at RM470,000 next month on 9 November. However, from the looks of it, the building is still unfinished.
The M Vertica project started back in 2018 and it is expected to be completed by 2023. From the series of photos found on social media and online, it is evident that the high-rise is as compact as those found in Hong Kong.
Meanwhile, the page admin revealed that there are 3,684 units in total, where Tower A has 808 units, Tower B with 685 units, Tower C with 752 units, Tower D with 793 units, and Tower E with 646 units.
Insane housing project
Apart from the expensive price, netizens criticised the ‘unethical’ developer for designing such pigeon-sized homes for the people. Many also pointed out the other issues potential residents will face, if they move in there.
“Insane housing project. Madness, as if Cheras is not a jammed area already. Can’t imagine the morning traffic just to get out from the car park,” a netizen said.
“Those who bought the units are asking for slow suicide. I felt the stress by just walking past the residence. Not to mention that these units do not have a balcony and are super crowded,” another netizen said.
Nonetheless, it appears that none of the netizens showed interest in buying a unit at the high-rise building.
What do you think about this M Vertica project? Share your thoughts!