Sunway Geo Avenue, Sunway Geo
Sunway Geo Avenue is a leasehold integrated office, residential & retail hub located in Sunway Geo, Sunway South Quay. It comprises Sunway Geo Flexi Suites, Sunway Geo Retail, Sunway Geo Tower and Sunway GeoSense Residences. There are 318 apartment units, 600 offices and 200 retail units available at this project with built-up from 650 sf to 956 sf for apartment units and 480 sf to 1,500 sf for offices. It was developed by Sunway Bhd with a launch price of about RM960 psf for apartment units, RM750 psf for offices, RM1,000 psf for retail units, and was completed around 2016.
Sunway Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 109 property projects in Malaysia. Other similar projects by the same developer are Bandar Sunway Semenyih, PJS 6, PJS 9, Sunway City Ipoh, Sunway Damansara, Sunway Geo, Sunway Iskandar, Sunway Kinrara, Sunway South Quay and Sunway Velocity.
This integrated office, residential & retail hub has many amenities nearby, i.e. universities, hospitals, metro transport stations and schools. The following are some of the main universities here:
- Monash University Malaysia
- Sunway College
- Sunway University
- Taylor's University Lakeside Campus
As for hospitals, there are Sunway Medical Center, Sunway Medical Centre and Sunway Medical Centre Tower C. There are also some metro transport stations here, for example BRT SunMed, BRT SunU and BRT Sunway Lagoon.
The current rental yield of Sunway Geo Avenue is 4.19% for apartment units and 2.84% for offices. The highest rental yield ever recorded was 4.58% in Q4 2019 (Apartment) and 5.11% in Q2 2017 (Office); while the lowest one was 4.19% in Q2 2020 (Apartment) and 2.62% in Q3 2018 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Sunway Geo Avenue for apartment units is 3-bedroom / 956 sf with a median price of RM1,110 psf. For price wise, the most expensive one is 1-bedroom / 687 sf with a median price of RM1,160 psf; while the cheapest one is 2-bedroom / 853 sf with a median price of RM1,050 psf.
Meanwhile, the most popular layout and size combination at Sunway Geo Avenue for offices is 600 sf with a median price of RM870 psf. For price wise, the most expensive one is 760 sf with a median price of RM990 psf; while the cheapest one is 480 sf with a median price of RM850 psf.
Latest Sunway Geo Avenue for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 13 Mar 2020 | Commercial | 628 sf | RM790,000 |
| 13 Mar 2020 | Commercial | 576 sf | RM730,000 |
| 30 Apr 2020 | Commercial | 6,795 sf | RM8,950,000 |
| 4 Feb 2020 | Commercial | 568 sf | RM450,000 |
| 11 Mar 2020 | Commercial | 570 sf | RM420,000 |
| 20 Mar 2020 | Commercial | 5,345 sf | RM7,000,000 |
| 31 Mar 2020 | Commercial | 5,345 sf | RM7,000,000 |
| 14 Apr 2020 | Commercial | 5,345 sf | RM6,500,000 |
| 19 Apr 2020 | Commercial | 5,345 sf | RM7,500,000 |
| 19 Apr 2020 | Commercial | 5,345 sf | RM7,500,000 |
Latest Sunway Geo Avenue for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Room In Apartment | -NA- | RM1,400 |
| 14 May 2020 | Condominium | 807 sf | RM3,500 |
| 14 May 2020 | Office | 445 sf | RM1,200 |
| 13 May 2020 | Condominium | 700 sf | RM3,000 |
| 6 May 2020 | Condominium | 656 sf | RM3,100 |
| 3 May 2020 | Low-Cost Flat | 656 sf | RM2,900 |
| 22 Apr 2020 | Condominium | 807 sf | RM3,600 |
| 3 Feb 2020 | Commercial | 1,000 sf | RM2,800 |
| 26 Feb 2020 | Commercial | 2,000 sf | RM4,600 |
| 27 Feb 2020 | Commercial | 2,000 sf | RM4,600 |