Sunway Geo Residences 2 is one of the newest instalments to the Sunway Geo integrated development in Bandar Sunway, where a record of 80% units were snapped up during its soft launch at Menara Sunway. It is a development that is very attractive to investors in the market for its small and easy to rent out sizes to bachelors and professionals working in the area.
Sunway Geo Residences 2 has homes that range between 650 sf and 1,055 sf, where only the Type A units of 956 sf comes with three bedrooms and two bathrooms. The rest of the homes come with only one bedroom and one study room. The prices of homes at Sunway Geo Residences 2 are however astronomical, as the smallest unit itself is priced at RM650,000.
Capital appreciation and rental yield is however most assured at Sunway Geo Residences 2 with its central location to Sunway Medical Centre, Sunway University, Monash University Malaysia, Sunway Pyramid, Sunway Resort City and numerous offices. All of these are connected via a canopied walkway, and adding on to its appeal is that Sunway Geo Residences 2 is connected directly to Malaysia’s first electric bus public transport system, the Bus Rail Transit (BRT). By utilising the BRT, residents of Sunway Geo Residences 2 are also able to get to LRT and KTM stations.
Situated in a picturesque township, selected units at Sunway Geo Residences 2 will have the privilege of unobstructed views of the lake as well as Sunway Resort City. Future residents of the development can enjoy the convenience of facilities and amenities that are located only within a short distance away and with the Sunway Geo Retail slated for completion in 2016, residents will have even more access to retail outlets and office suites to support their daily lifestyle needs.
A couple of unique selling points for Sunway Geo Residences are the security handled by Sunway’s own security team and CCTV under its Safe City initiative. With the BRT - Sunway Line connected to Sunway Geo Residences 2, traffic congestion in the area is expected to reduce while providing residents with an eco-friendly and time-efficient form of transportation.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Sunway Geo Residences 2 | 2018 |
RM260,000
-
RM1,550,000
RM 400 psf - RM 1,200 psf |
RM1,100 - RM1,100 | NIL | 4.35 % |
| Nadayu28 | 2015 |
RM925,000
-
RM1,500,000
RM 730 psf - RM 969 psf |
RM900 - RM900 | NIL | 3.07 % |
| Laman Baiduri | May 2011 |
RM740,000
-
RM3,000,000
RM 483 psf - RM 629 psf |
RM2,800 - RM2,800 | NIL | 1.83 % |
| SuriaMas | May 2008 |
RM384,000
-
RM680,000
RM 307 psf - RM 546 psf |
RM480 - RM480 | NIL | 3.5 % |
| Sunway Pyramid | 2007 |
RM380,000
-
RM1,350,000
RM 375 psf - RM 1,454 psf |
RM1,800 - RM1,800 | NIL | 4.02 % |
| The Boulevard | 2007 |
RM488,000
-
RM2,500,000
RM 379 psf - RM 572 psf |
RM2,000 - RM2,000 | NIL | 2.21 % |
| Kayangan Apartment | 2004 |
RM310,000
-
RM380,000
RM 304 psf - RM 371 psf |
RM1,100 - RM1,100 | NIL | 3.66 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | RM 428 psf | - | RM 262 psf |
| 500 - 1,000 SQ. FT | RM 514 psf | - | RM 264 psf |
| 1,000 - 1,500 SQ. FT | RM 426 psf | - | RM 313 psf |
| 1,500 - 2,500 SQ. FT | RM 514 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | RM 291 psf |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 65,000 |
| Loan Amount ( 90 %) | RM 585,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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