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 condominium units, 405 retail units, 276 offices and 12 shop-offices available at this project with built-up from 689 sf to 1,222 sf for condominium units and 2,051 sf for retail units, 678 sf to 1,948 sf for offices, 678 sf to 1,948 sf for offices and 2,051 sf for retail units. It was developed by Sunway Bhd with a launch price of about RM800 psf for condominium 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 116 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
689 sf - 1,222 sf (Condominium)
2,051 sf (Retail)
678 sf - 1,948 sf (Office)
678 sf - 1,948 sf (Office)
2,051 sf (Retail)
Market Price
RM610,000 - RM1,320,000 (Condominium)
RM660,000 - RM1,500,000 (Office)
RM660,000 - RM1,500,000 (Office)
Density
1,009 Condominiums, 405 Retail Units, 276 Offices & 12 Shop-Offices
Completed In
2013
Developer
Launch Price
RM800 psf (Condominium)
RM850 psf (Office)
RM1,300 psf (Shop-Office)

This integrated office, residential & retail hub has many amenities nearby, i.e. schools, universities, transit 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 and TMC College. There are also some transit stations here, for example LRT/MRT Chan Sow Lin, LRT/MRT Maluri and MRT Cochrane.

The current rental yield of Sunway Velocity is 3.68% for condominium units, 3.0% for retail units, 3.06% for offices, 3.06% for offices, 3.0% for retail units and 4.0% for shop-offices. The highest rental yield ever recorded was 8.18% in Q2 2019 (condominium), 10.0% in Q2 2019 (retail), 4.44% in Q4 2021 (office), 4.44% in Q4 2021 (office), 10.0% in Q2 2019 (retail) and 6.55% in Q1 2018 (shop-office); while the lowest one was 1.85% in Q1 2021 (condominium), 2.92% in Q2 2021 (retail), 2.57% in Q3 2017 (office), 2.57% in Q3 2017 (office), 2.92% in Q2 2021 (retail) and 2.97% in Q4 2019 (shop-office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Sunway Velocity for condominium units is 2-bedroom / 953 sf with a median price of RM1,390 psf. For price wise, the most expensive one is 2-bedroom / 953 sf with a median price of RM1,390 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM840 psf.

Retail Layouts

Meanwhile, the most popular layout and size (built-up) combination at Sunway Velocity for retail units is 2,051 sf with a median rental of RM5.64 psf. For rental wise, the most expensive one is 2,051 sf with a median rental of RM5.64 psf; while the cheapest one is 2,040 sf with a median rental of RM4.89 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at Sunway Velocity for offices is 678 sf with a median price of RM970 psf. For price wise, the most expensive one is 1,249 sf with a median price of RM1,200 psf; while the cheapest one is 678 sf with a median price of RM970 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at Sunway Velocity for offices is 678 sf with a median price of RM970 psf. For price wise, the most expensive one is 1,249 sf with a median price of RM1,200 psf; while the cheapest one is 678 sf with a median price of RM970 psf.

Retail Layouts

Meanwhile, the most popular layout and size (built-up) combination at Sunway Velocity for retail units is 2,051 sf with a median rental of RM5.64 psf. For rental wise, the most expensive one is 2,051 sf with a median rental of RM5.64 psf; while the cheapest one is 2,040 sf with a median rental of RM4.89 psf.

Latest Sunway Velocity for sale listings:

DateTypeBuilt-upPrice
YesterdayCondominium1,377 sfRM1,150,000
20 Jul 2022Office1,502 sfRM1,093,500
13 Jul 2022Condominium694 sfRM730,000
18 Jul 2022Office1,071 sfRM769,500
8 Jul 2022Condominium694 sfRM730,000
30 Jun 2022Office1,068 sfRM855,000
29 Jun 2022Office1,502 sfRM1,215,000
16 Jun 2022Office1,071 sfRM855,000
30 May 2022Condominium915 sfRM800,000
1 Jun 2022Office1,502 sfRM1,350,000

Latest Sunway Velocity for rent listings:

DateTypeBuilt-upRental
TodayCondominium-NA-RM3,400
TodayOffice678 sfRM2,300
TodayCommercial Room-NA-RM800
TodayMedium Room-NA-RM1,000
14 Sep 2022Studio300 sfRM1,799
14 Sep 2022Medium Room-NA-RM1,100
14 Sep 2022Master Room-NA-RM1,499
12 Sep 2022Medium Room-NA-RM950
29 Aug 2022Medium Room-NA-RM790
5 Sep 2022Medium Room-NA-RM999
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