V Residence 3, Sunway Velocity
V Residence 3 (also known as V Residence III) is a freehold apartment located in Sunway Velocity, Taman Maluri. There are 411 units available at this project with built-up from 694 sf to 1,405 sf. It was developed by Sunway Bhd with a launch price of about RM1,200 psf, and was completed around 2018.
Sunway Bhd is a gigantic property developer listed on Bursa Malaysia, and it has developed about 102 property 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, i.e. schools, universities, hospitals and metro transport stations. The following are some of the 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, for example 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 3 are from RM830,000 to RM1,310,000 (about RM1,200 psf); while the monthly rentals are from RM2,600 to RM3,700 (about RM4.03 psf). The highest median price psf ever recorded was RM1,200 psf in Q1 2016; while the lowest one was RM942 psf in Q2 2019.
The current rental yield of V Residence 3 is around 4.94%, compared to 4.09% a year ago in Q1 2018. The highest rental yield ever recorded was 4.94% in Q3 2019; while the lowest one was 4.04% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at V Residence 3 is 1-bedroom / 694 sf with a median price of RM1,200 psf. For price wise, the most expensive one is 1-bedroom / 694 sf with a median price of RM1,200 psf; while the cheapest one is 2-bedroom / 1,023 sf with a median price of RM890 psf.
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