Sunway Velocity, Taman Maluri, Cheras

Sunway Velocity is a freehold integrated mall, office & residential hub that is 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 property with built-up from 850 sf to 915 sf for condominium units, 2,040 sf to 2,056 sf for retail units and 678 sf to 1,249 sf for offices. 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 in about 2013.

Sunway Bhd is a very big property developer listed on Bursa Malaysia, and it has developed about 116 property projects in Malaysia. Other similar projects by the same developer are Alam Suria, Bandar Sunway Semenyih, PJS 9, Sunway City Ipoh, Sunway Damansara, Sunway Geo, Sunway Geo Avenue, Sunway Iskandar, Sunway Kinrara and Sunway South Quay.

Property Type
Integrated Mall, Office & Residential
Land Tenure
Freehold
Built-up
850 sf - 915 sf (Condominium)
2,040 sf - 2,056 sf (Retail)
678 sf - 1,249 sf (Office)
Market Price
RM940,000 - RM1,010,000 (Condominium)
RM690,000 - RM1,460,000 (Office)
Total Units
1,009 Condominiums, 405 Retail Units, 276 Offices & 12 Shop-Offices
Completion Date
2013
Developer
Launch Price
RM800 psf (Condominium)
RM850 psf (Office)
RM1,300 psf (Shop-Office)

This integrated mall, office & residential hub has some 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, Imperium International College (Formerly Known As 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.

Lastly, the hospitals here are Sunway Medical Centre Velocity (Smcv) and Sunway Medical Centre Velocity Entry E.

The current rental yield of Sunway Velocity is 2.97% for condominium units, 5.06% for retail units, 5.65% for offices and 4.0% for shop-offices. The highest rental yield ever recorded was 11.49% in Q3 2019 (condominium), 10.0% in Q2 2019 (retail), 5.65% in Q3 2023 (office) and 6.55% in Q1 2018 (shop-office); while the lowest one was 2.34% in Q4 2015 (condominium), 3.0% in Q4 2021 (retail), 2.57% in Q3 2017 (office) 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 / 915 sf with a median price of RM1,100 psf. For price wise, the most expensive one is 2-bedroom / 883 sf with a median price of RM1,110 psf; while the cheapest one is 2-bedroom / 915 sf with a median price of RM1,100 psf.

Retail Layouts

Meanwhile, the most popular layout and size (built-up) combination at sunway velocity for retail units is 2,040 sf with a median rental of rm6.88 psf. For rental wise, the most expensive one is 2,056 sf with a median rental of RM6.88 psf; while the cheapest one is 2,040 sf with a median rental of RM6.88 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 rm1,020 psf. For price wise, the most expensive one is 1,249 sf with a median price of RM1,170 psf; while the cheapest one is 678 sf with a median price of RM1,020 psf.

Latest Sunway Velocity sale listings:

DateProperty TypeBuilt-upPrice
12 Apr 2024Condominium883 sfRM648,000
11 Apr 2024Penthouse1,900 sfRM2,600,000
20 Apr 2024Low-Cost Flat480 sfRM165,000
17 Apr 2024Condominium1,050 sfRM470,000
16 Apr 2024Condominium883 sfRM880,000
5 Apr 2024Condominium883 sfRM648,000
13 Apr 2024Condominium883 sfRM860,000
10 Apr 2024Condominium694 sfRM799,000
9 Apr 2024Condominium850 sfRM820,000
9 Apr 2024Duplex2,073 sfRM2,100,000

Latest Sunway Velocity rental listings:

DateProperty TypeBuilt-upRental
TodayMedium Room-NA-RM950
TodayCondominium624 sfRM1,300
TodayMedium Room-NA-RM1,100
TodayCondominium950 sfRM2,800
TodayRetail3,848 sfRM25,000
11 Apr 2024Condominium600 sfRM2,400
11 Apr 2024Condominium1,900 sfRM6,800
11 Apr 2024Single Room-NA-RM500
11 Apr 2024Master Room-NA-RM850
21 Apr 2024Room-NA-RM750
0 user comments on Sunway Velocity