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 11,555 sf for retail units, 678 sf to 1,249 sf for offices and 678 sf to 4,736 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 110 property projects in Malaysia. Other similar projects by the same developer are Bandar Sunway Semenyih, Molek Regency, PJS 9, Sunway City Ipoh, Sunway Damansara, Sunway Geo, Sunway Geo Avenue, Sunway Iskandar, Sunway Kinrara and Sunway South Quay.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
850 sf - 953 sf (Apartment)
678 sf - 11,555 sf (Retail)
678 sf - 1,249 sf (Office)
678 sf - 4,736 sf (Shop-Office)
Market Price
RM860,000 - RM1,040,000 (Apartment)
RM760,000 - RM14,910,000 (Retail)
RM680,000 - RM1,590,000 (Office)
RM680,000 - RM9,470,000 (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 5.12% for apartment units, 11.48% for retail units, 3.65% for offices and 3.52% for shop-offices. The highest rental yield ever recorded was 5.39% in Q4 2020 (Apartment), 12.0% in Q1 2019 (Retail), 4.47% in Q2 2019 (Office) and 6.55% in Q1 2018 (Shop-Office); while the lowest one was 2.75% in Q4 2015 (Apartment), 4.31% in Q2 2018 (Retail), 2.31% in Q3 2017 (Office) and 3.46% in Q4 2018 (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 RM970 psf. For price wise, the most expensive one is 2-bedroom / 850 sf with a median price of RM1,220 psf; while the cheapest one is 2-bedroom / 947 sf with a median price of RM940 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at Sunway Velocity for retail units is 3,200 sf with a median price of RM2,210 psf. For price wise, the most expensive one is 1,636 sf with a median price of RM2,500 psf; while the cheapest one is 3,500 sf with a median price of RM710 psf.

Office Layouts

Meanwhile, the most popular layout and size combination at Sunway Velocity for offices is 678 sf with a median price of RM1,010 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 RM1,010 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Sunway Velocity for shop-offices is 1,846 sf with a median price of RM1,120 psf. For price wise, the most expensive one is 4,736 sf with a median price of RM2,000 psf; while the cheapest one is 3,584 sf with a median price of RM330 psf.

Latest Sunway Velocity for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,200 sfRM529,000
TodayCondominium915 sfRM860,000
25 Jan 2021Condominium700 sfRM830,000
23 Jan 2021Condominium947 sfRM850,000
21 Jan 2021Condominium915 sfRM930,000
17 Jan 2021Office678 sfRM698,000
17 Jan 2021Condominium947 sfRM1,000,000
17 Jan 2021Condominium947 sfRM947,000
12 Jan 2021Condominium915 sfRM800,000
2 Jan 2021Condominium1,211 sfRM891,000

Latest Sunway Velocity for rent listings:

DateTypeBuilt-upRental
TodayCondominium850 sfRM2,600
TodayRoom-NA-RM890
13 Jan 2021Room-NA-RM700
15 Jan 2021Office678 sfRM2,800
19 Jan 2021Room In Apartment-NA-RM750
19 Jan 2021Condominium694 sfRM1,800
19 Jan 2021Condominium850 sfRM2,700
19 Jan 2021Condominium1,512 sfRM3,200
15 Jan 2021Office678 sfRM1,800
15 Jan 2021Condominium1,480 sfRM3,700
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