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.

Property Type
Apartment
Land Tenure
Freehold
Built-up
850 sf - 1,087 sf
Market Price
RM1,020,000 - RM1,390,000
Density
411 Units
Completed In
2017
Developer
Launch Price
About RM1,100 psf

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

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.

Latest V Residence 2 for sale listings:

DateTypeBuilt-upPrice
12-Aug-19Condominium883 sfRM1,060,000
12-Aug-19Condominium883 sfRM1,100,000
12-Aug-19Condominium1,211 sfRM1,400,000
11-Aug-19Condominium1,128 sfRM1,400,000
11-Aug-19Condominium936 sfRM1,050,000
11-Aug-19Condominium1,000 sfRM990,000
08-Jul-19Condominium635 sfRM660,000
08-Jul-19Condominium912 sfRM850,000
23-Jun-19Condominium850 sfRM1,000,000
23-Jun-19Condominium850 sfRM980,000

Latest V Residence 2 for rent listings:

DateTypeBuilt-upRental
01-Aug-19Condominium860 sfRM3,900
01-Aug-19Condominium860 sfRM3,950
31-Jul-19Condominium693 sfRM3,500
27-Jul-19Condominium762 sfRM2,500
23-Jul-19Condominium693 sfRM2,900
23-Jul-19Condominium624 sfRM3,200
23-Jul-19Condominium762 sfRM3,500
23-Jul-19Condominium883 sfRM4,400
02-Jul-19Condominium883 sfRM3,000
02-Jul-19Condominium850 sfRM3,850

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