Sunway Velocity, Taman Maluri, Cheras

Sunway Velocity is a freehold integrated office, residential & retail hub located in Taman Maluri, Cheras. It comprises Designer Office, Signature 1, Signature 2, Sunway Velocity Mall, V Boulevard, V Office 2, V Park, V Residence 2, V Residence 3, V Residence Suites and Visio Tower. There are 1,009 apartment units, 405 retail outlets, 276 offices and 12 shop-offices available at this project with built-up from 850 sf to 953 sf for apartment units, 678 sf to 3,500 sf for retail units, 678 sf to 1,249 sf for offices and 2,605 sf for shop-offices. It was developed by Sunway Bhd with a launch price of about RM800 psf for apartment units, RM850 psf for offices, RM1,300 psf for shop-offices, and was completed around 2013.

Sunway Bhd is a very large-scale property developer listed on Bursa Malaysia, and it has developed about 107 property projects in Malaysia. Other similar projects by the same developer are Alam Suria, Bandar Sunway Semenyih, PJS 6, PJS 9, Sunway City Ipoh, Sunway Damansara, Sunway Geo, Sunway Geo Avenue, Sunway Kinrara and Sunway South Quay.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
850 sf - 953 sf (Apartment)
678 sf - 3,500 sf (Retail)
678 sf - 1,249 sf (Office)
2,605 sf (Shop-Office)
Market Price
RM880,000 - RM1,060,000 (Apartment)
RM780,000 - RM7,900,000 (Retail)
RM680,000 - RM1,590,000 (Office)
RM30,000 (Shop-Office)
Density
1,009 Apartments, 405 Retail Outlets, 276 Offices & 12 Shop-Offices
Completed In
2013
Developer
Launch Price
RM800 psf (Apartment)
RM850 psf (Office)
RM1,300 psf (Shop-Office)

This integrated office, residential & retail hub has many amenities nearby, i.e. schools, universities, metro transport stations and hospitals. The following are some of the main schools here:

As for universities, there are Cybernetics International College Of Technology, Help College Of Arts & Technology, Sunway College @ Velocity and TMC College. There are also some metro transport stations here, for example LRT Chan Sow Lin and MRT Cochrane.

The current rental yield of Sunway Velocity is 4.22% for apartment units, 11.48% for retail units, 3.49% for offices and 3.69% for shop-offices. The highest rental yield ever recorded was 4.47% in Q3 2019 (Apartment), 11.48% in Q2 2019 (Retail), 4.38% in Q1 2016 (Office) and 3.69% in Q4 2019 (Shop-Office); while the lowest one was 2.75% in Q4 2015 (Apartment), 6.29% in Q4 2018 (Retail), 2.31% in Q3 2017 (Office) and 3.13% in Q1 2019 (Shop-Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Sunway Velocity for apartment units is 2-bedroom / 883 sf with a median price of RM1,200 psf. For price wise, the most expensive one is 2-bedroom / 850 sf with a median price of RM1,210 psf; while the cheapest one is 2-bedroom / 947 sf with a median price of RM930 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at Sunway Velocity for retail units is 3,500 sf with a median price of RM1,000 psf. For price wise, the most expensive one is 3,434 sf with a median price of RM2,300 psf; while the cheapest one is 3,500 sf with a median price of RM1,000 psf.

Office Layouts

Meanwhile, the most popular layout and size combination at Sunway Velocity for offices is 678 sf with a median price of RM1,000 psf. For price wise, the most expensive one is 1,249 sf with a median price of RM1,270 psf; while the cheapest one is 678 sf with a median price of RM1,000 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Sunway Velocity for shop-offices is 2,605 sf with a median price of RM10 psf. For price wise, the most expensive one is 2,605 sf with a median price of RM10 psf; while the cheapest one is 2,605 sf with a median price of RM10 psf.

Latest Sunway Velocity for sale listings:

DateTypeBuilt-upPrice
26-Feb-20Condominium883 sfRM1,150,000
26-Feb-20Condominium1,512 sfRM1,800,000
26-Feb-20Condominium883 sfRM1,100,000
26-Feb-20Condominium850 sfRM1,000,000
25-Feb-20Condominium936 sfRM1,150,000
21-Feb-20Condominium915 sfRM875,000
17-Feb-20Condominium883 sfRM1,040,000
30-Jan-20Retail3,600 sfRM1,170,000
30-Jan-20Shop-Office3,600 sfRM1,170,000
30-Jan-20Retail3,200 sfRM7,060,000

Latest Sunway Velocity for rent listings:

DateTypeBuilt-upRental
TodayOffice785 sfRM3,140
TodayOffice1,943 sfRM6,000
TodayOffice1,000 sfRM4,000
TodayOffice678 sfRM2,400
TodayRoom In Apartment-NA-RM1,150
YesterdayCondominium915 sfRM3,900
YesterdayCondominium694 sfRM2,800
YesterdayCondominium915 sfRM3,300
26-Feb-20Condominium850 sfRM3,500
26-Feb-20Condominium694 sfRM2,099
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