The Veo, Taman Melawati, Ukay

The Veo (also known as The Veo @ KL East) is a freehold condominium that is located in Taman Melawati, Ukay. There are 350 units available at this condominium with built-up from 753 sf to 2,271 sf. It was developed by Sime Darby Property Bhd with a launch price at around RM600 psf, and was completed in around 2016.

Sime Darby Property Bhd is a huge real estate company listed on KLSE, and it has constructed around 299 real estate projects in Malaysia. Other similar projects by the same developer are 3 Residen, Isola, Lafite Apartment, Oasis Serviced Suites, Serini, Seruling Apartmen, Starville, Subang Avenue, Tropika Paradise and Vista Mahogani.

Property Type
Condominium
Land Tenure
Freehold
Built-up
753 sf - 2,271 sf
Market Price
RM500,000 - RM1,700,000
Total Units
350 Units
Completion Date
2016
Launch Price
About RM600 psf

This condominium has some amenities nearby, for example schools, hospitals and transit stations. The following are some of the major schools here:

The current rental yield of The Veo is around 4.44%, compared to 3.92% a year ago in Q4 2022. The highest rental yield ever recorded was 4.53% in Q3 2017; while the lowest one was 3.0% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Veo is 1-bedroom / 753 sf with a median price of RM660 psf. For price wise, the most expensive one is 4-bedroom / 2,271 sf with a median price of RM750 psf; while the cheapest one is 1-bedroom / 753 sf with a median price of RM660 psf.

Latest The Veo sale listings:

DateProperty TypeBuilt-upPrice
11 Mar 2024Condominium3,024 sfRM1,890,000
26 Feb 2024Condominium753 sfRM480,000
6 Mar 2024Condominium769 sfRM510,000
3 Mar 2024Condominium753 sfRM480,000
2 Mar 2024Condominium3,638 sfRM2,700,000
21 Feb 2024Duplex2,949 sfRM2,200,000
30 Jan 2024Condominium2,271 sfRM1,500,000
7 Feb 2024Condominium754 sfRM520,000
17 Jan 2024Condominium754 sfRM520,000
24 Jan 2024Studio753 sfRM520,000

Latest The Veo rental listings:

DateProperty TypeBuilt-upRental
10 Mar 2024Condominium1,442 sfRM3,800
8 Mar 2024Condominium800 sfRM1,600
6 Mar 2024Condominium926 sfRM3,800
5 Mar 2024Condominium1,500 sfRM3,500
24 Feb 2024Condominium1,440 sfRM3,500
19 Feb 2024Condominium800 sfRM1,599
15 Feb 2024Condominium753 sfRM1,600
15 Feb 2024Condominium1,442 sfRM3,100
8 Feb 2024Condominium1,442 sfRM3,750
8 Feb 2024Condominium1,442 sfRM3,800
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