V Residence Suites, Sunway Velocity
V Residence Suites (also known as V Residence 1) is a freehold apartment located in Sunway Velocity, Taman Maluri. There are 264 units available at this project with built-up from 624 sf to 953 sf. It was developed by Sunway Bhd with a launch price at about RM800 psf, and was completed in around 2014.
Sunway Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has built about 107 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, e.g. schools, universities, hospitals and metro transport stations. The following are some 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, Malaysian Hospitality College, TMC College and Wawasan Open University. There are also some hospitals here, such as Hospital KL and Sunway Velocity Medical Centre.
Lastly, the metro transport stations here are LRT Chan Sow Lin and MRT Cochrane.
The current rental yield of V Residence Suites is around 4.24%, compared to 3.36% a year ago in Q1 2019. The highest rental yield ever recorded was 4.71% in Q4 2019; while the lowest one was 3.03% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at V Residence Suites is 1-bedroom / 694 sf with a median price of RM1,230 psf. For price wise, the most expensive one is 1-bedroom / 624 sf with a median price of RM1,330 psf; while the cheapest one is 2-bedroom / 953 sf with a median price of RM900 psf.
Latest V Residence Suites for sale listings:
Latest V Residence Suites for rent listings: