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Sunway GEO Retail is to be a commercial plot located within the fully integrated development of Sunway Geo. It is a highly anticipated development which buyers are salivating over contemplating the returns they would likely obtain over this project.
Sunway GEO Retail will consist of one to three storey retail lots that come with high frontage in one of the busiest neighbourhoods in Subang Jaya. There is a ready catchment of both students and white and blue collared workers in the area. Including the many housing developments in Sunway Resort City itself, there will be a ready catchment of over 500,000 patrons for the businesses of Sunway GEO Retailwith an annual catchment of 42 million visitors.
In terms of getting to Sunway GEO Retail, this development enjoys only the best of public transportation. While there are busses that goes around the neighbourhood, Sunway GEO Retail was designed to be the first development in Malaysia to tout the first ever elevated Bus Rapid Transit (BRT) running through it via the Sunway Line in town.
This electric bus system which is the first is the country promises that Sunway GEO Retail will have excellent connectivity, with the BRT connecting to the upcoming USJ 6 LRT Station, as well as to the Setia Jaya KTM Station. These forms of public transportation ensures that visitors will also be able to easily get to Sunway GEO Retail.
The retail shops of Sunway GEO Retail will also have the benefit of being connected directly to offices, various other commercial areas and residences. The closest institution of higher education in the area is Sunway University which caters to the upmarket range of students, and the Sunway Medical Centre with its range of professionals and clientele are also a stone’s throw away.
With the promising outlook that Sunway GEO Retail has, it is rather unremarkable that all 31 units of the retail lots were very quickly acquired by both investors and business owners shortly after its launch.
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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 Retail | 2016 | NIL | RM1,100 - RM1,100 | NIL | NIL |
Empire Remix | Dec 2015 | RM219,300 - RM479,000 | RM1,500 - RM1,500 | NIL | 4.74 % |
Nadayu28 | 2015 |
RM925,000
-
RM1,500,000
RM 730 psf - RM 969 psf |
RM900 - RM900 | NIL | 3.07 % |
LaCosta | Feb 2014 |
RM829,999
-
RM2,379,999
RM 560 psf - RM 930 psf |
RM1,200 - RM1,200 | NIL | 3.4 % |
USJ One Park | Dec 2013 |
RM298,890
-
RM1,680,000
RM 286 psf - RM 569 psf |
RM1,300 - RM1,300 | NIL | 4.23 % |
A'Marine | June 2013 |
RM576,000
-
RM1,600,000
RM 388 psf - RM 828 psf |
RM900 - RM900 | NIL | 5.01 % |
Senza Residence | 2013 |
RM538,000
-
RM1,800,000
RM 372 psf - RM 740 psf |
RM650 - RM650 | NIL | 2.31 % |
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 | - | - | - |
500 - 1,000 SQ. FT | RM 859 psf | - | RM 920 psf |
1,000 - 1,500 SQ. FT | RM 489 psf | - | - |
1,500 - 2,500 SQ. FT | RM 559 psf | - | - |
2,500 - 4,000 SQ. FT | - | RM 1,670,000 psf | - |
4,000 SQ. FT and above | - | RM 4,700,000 psf | - |
Note:
Down Payment (10%) | RM 430,000 |
Loan Amount ( 90 %) | RM 3,870,000 |
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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