V Residence 2, Sunway Velocity
V Residence 2 (also known as V Residence II) is a freehold apartment located in Sunway Velocity, Taman Maluri. There are 411 units available at this project with built-up from 850 sf to 1,087 sf. It was developed by Sunway Bhd with a launch price at around RM1,100 psf, and was completed in about 2017.
Sunway Bhd is a very big-sized real estate company listed on KLSE, and it has constructed around 101 real estate projects in Malaysia. Other similar projects by the same developer are A'Marine, Alpine Apartment, LaCosta, Molek Regency, Nautica Lake Suites, Opal Damansara, Sunway Court, Sunway Geo Residences, Sunway GeoSense Residences and Sunway Vivaldi.
This apartment has many amenities nearby, for example schools, universities, hospitals and metro transport stations. The following are some main schools here:
- SJK (T) Cheras
- SK Cochrane Perkasa
- SMK Cochrane
- SMK Jalan Cochrane
- SMK Yaacob Latif
As for universities, there are Cybernetics International College Og Technology, Help College Of Arts & Technology and TMC College. There are also some hospitals here, i.e. Hospital KL and Sunway Velocity Medical Centre.
Lastly, the metro transport stations here are LRT Chan Sow Lin and MRT Cochrane.
The current market prices for V Residence 2 are from RM1,020,000 to RM1,390,000 (about RM1,200 psf); while the monthly rentals are from RM3,600 to RM3,700 (about RM4.24 psf). The highest median price psf ever recorded was RM1,211 psf in Q1 2019; while the lowest one was RM1,100 psf in Q1 2015.
The current rental yield of V Residence 2 is around 3.94%, compared to 3.78% a year ago in Q2 2018. The highest rental yield ever recorded was 4.43% in Q1 2019; while the lowest one was 3.68% in Q2 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at V Residence 2 is 2-bedroom / 883 sf with a median price of RM1,200 psf. For price wise, the most expensive one is 3-bedroom / 1,087 sf with a median price of RM1,280 psf; while the cheapest one is 2-bedroom / 936 sf with a median price of RM1,190 psf.
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