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 850 sf to 1,512 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 113 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 - 1,512 sf (Condominium)
2,051 sf (Retail)
678 sf - 1,948 sf (Office)
678 sf - 1,948 sf (Office)
2,051 sf (Retail)
Market Price
RM900,000 - RM1,550,000 (Condominium)
RM660,000 - RM2,180,000 (Office)
RM660,000 - RM2,180,000 (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, 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 4.4% for condominium units, 2.92% for retail units, 3.98% for offices, 3.98% for offices, 2.92% for retail units and 4.0% for shop-offices. The highest rental yield ever recorded was 7.94% in Q2 2019 (Condominium), 13.03% in Q2 2019 (Retail), 4.41% in Q1 2019 (Office), 4.41% in Q1 2019 (Office), 13.03% 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 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 combination at Sunway Velocity for retail units is 2,051 sf with a median rental of RM4.89 psf. For rental wise, the most expensive one is 2,051 sf with a median rental of RM4.89 psf; while the cheapest one is 2,051 sf with a median rental of RM4.89 psf.

Office Layouts

Meanwhile, the most popular layout and size 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 RM1,220 psf; while the cheapest one is 678 sf with a median price of RM970 psf.

Office Layouts

Meanwhile, the most popular layout and size 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 RM1,220 psf; while the cheapest one is 678 sf with a median price of RM970 psf.

Retail Layouts

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

Latest Sunway Velocity for sale listings:

DateTypeBuilt-upPrice
TodayCondominium900 sfRM488,000
TodayCondominium1,300 sfRM450,003
TodayCondominium1,100 sfRM494,000
28 Nov 2021Retail2,056 sfRM4,000,000
28 Nov 2021Office2,728 sfRM2,700,000
28 Nov 2021Office678 sfRM700,000
17 Nov 2021Condominium1,200 sfRM494,000
23 Nov 2021Condominium624 sfRM620,000
22 Nov 2021Condominium1,089 sfRM1,200,000
19 Nov 2021Condominium870 sfRM978,000

Latest Sunway Velocity for rent listings:

DateTypeBuilt-upRental
TodayRoom In House-NA-RM490
TodayRoom In House-NA-RM450
TodayRoom In House-NA-RM500
TodayRoom In House-NA-RM400
TodayRoom In Shop-House-NA-RM530
TodayCondominium945 sfRM2,100
TodayRoom In Apartment-NA-RM1,350
TodayRoom In Apartment-NA-RM1,100
TodayRoom In House-NA-RM400
TodayRoom In House-NA-RM580
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