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 678 sf to 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 109 property projects in Malaysia. Other similar projects by the same developer are Bandar Sunway Semenyih, PJS 6, PJS 9, Sunway City Ipoh, Sunway Damansara, Sunway Geo, Sunway Geo Avenue, Sunway Iskandar, Sunway Kinrara and Sunway South Quay.
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:
- SJK (T) Cheras
- SK Cochrane Perkasa
- SK Jalan Peel
- SMK Cochrane
- SMK Yaacob Latif
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 4.81% for apartment units, 6.29% for retail units, 4.65% for offices and 3.69% for shop-offices. The highest rental yield ever recorded was 4.81% in Q2 2020 (Apartment), 6.32% in Q3 2018 (Retail), 4.65% in Q1 2020 (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:
The most popular layout and size combination at Sunway Velocity for apartment units is 2-bedroom / 883 sf with a median price of RM1,190 psf. For price wise, the most expensive one is 2-bedroom / 850 sf with a median price of RM1,200 psf; while the cheapest one is 2-bedroom / 953 sf with a median price of RM970 psf.
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.
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.
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 678 sf with a median price of RM1,030 psf; while the cheapest one is 2,605 sf with a median price of RM10 psf.
Latest Sunway Velocity for sale listings:
|22 Mar 2020||Commercial||1,932 sf||RM1,500,000|
|16 Apr 2020||Condominium||560 sf||RM300,000|
|26 Mar 2020||Condominium||870 sf||RM1,050,000|
|25 Mar 2020||Condominium||1,089 sf||RM1,470,150|
|9 Mar 2020||Office||1,932 sf||RM1,500,000|
|13 Mar 2020||Office||1,932 sf||RM1,500,000|
|16 Mar 2020||Shop-Office||-NA-||RM1,500,000|
|13 Mar 2020||Condominium||1,211 sf||RM1,080,000|
|5 Mar 2020||Office||1,932 sf||RM1,500,000|
|4 Mar 2020||SOHO||1,249 sf||RM1,590,000|
Latest Sunway Velocity for rent listings:
|27 May 2020||Condominium||850 sf||RM3,000|