Designer Office, Sunway Velocity

Designer Office (also known as V Office 1) is a freehold office building located in Sunway Velocity, Taman Maluri. There are 276 units available at this project with built-up from 678 sf. It was developed by Sunway Bhd with a launch price at around RM850 psf, and was completed in about 2015.

Sunway Bhd is a huge real estate company listed on KLSE, and it has constructed around 103 real estate projects in Malaysia. Other similar projects by the same developer are Menara Sunway, Nexis Biz Suite, Subang Square Corporate Tower, Sunway Geo Flexi Suites, Sunway Geo Tower, Sunway PJ 51A, Sunway Tower, The Pinnacle and Visio Tower.

Property Type
Office Building
Land Tenure
Freehold
Built-up
678 sf
Market Price
RM750,000
Density
276 Units
Completed In
2015
Developer
Launch Price
About RM850 psf

This office building has many amenities nearby, for example schools, hospitals, metro transport stations and universities. The following are some main schools here:

As for hospitals, there are Hospital KL and Sunway Velocity Medical Centre. There are also some metro transport stations here, i.e. LRT Chan Sow Lin and MRT Cochrane.

Lastly, the universities here are Cybernetics International College Og Technology and TMC College.

The current market prices for Designer Office are from RM750,000 (about RM1,100 psf); while the monthly rentals are from RM2,600 to RM2,700 (about RM3.86 psf). The highest median price psf ever recorded was RM1,179 psf in Q1 2017; while the lowest one was RM850 psf in Q1 2013.

The current rental yield of Designer Office is around 2.56%. The highest rental yield ever recorded was 3.0% in Q1 2017; while the lowest one was 2.56% in Q2 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Designer Office for sale listings:

DateTypeBuilt-upPrice
18-Sep-19Office1,249 sfRM1,590,000
18-Sep-19Office818 sfRM830,000
18-Sep-19Office1,249 sfRM1,590,000
20-Aug-19Office1,249 sfRM1,580,000
19-Aug-19Office678 sfRM700,000
19-Aug-19Office1,136 sfRM1,420,000
19-Jul-19Office1,249 sfRM1,600,000
19-Jul-19Office1,249 sfRM1,600,000
27-May-19Office678 sfRM549,000
18-May-19Office678 sfRM549,000

Latest Designer Office for rent listings:

DateTypeBuilt-upRental
05-Sep-19Office678 sfRM2,280
03-Sep-19Office758 sfRM3,140
03-Sep-19Shop-Office678 sfRM3,000
02-Aug-19Office678 sfRM2,800
02-Aug-19Office700 sfRM3,700
09-Jun-19Office1,815 sfRM7,260
17-Apr-19Office678 sfRM3,500
23-Mar-19Office4,000 sfRM15,000
28-Feb-19Office1,815 sfRM7,260

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