Sunway VeloCity is a new integrated development with a massive combination of corporate, housing, and retail components parallel to a themed park, shopping centres, and serviced residences, all within the matured township of Cheras. Dubbed as the ‘City of Endless Possibilities’, Sunway VeloCity is almost a whole township on its own, a place with everything that you need at your fingertips. Despite being developed on the last parcel of freehold land in Cheras, Sunway VeloCity is worth considering where investors and buyers alike are concerned.
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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 Velocity | 2017 |
RM300,000
-
RM1,550,000
RM 306 psf - RM 1,199 psf |
RM1,100 - RM1,100 | NIL | 2.98 % |
| Amaya Maluri | Dec 2013 |
RM342,000
-
RM1,012,000
RM 415 psf - RM 737 psf |
RM1,500 - RM1,500 | NIL | 3.63 % |
| Wisma IAV | 2013 | From RM130,000,000 | From RM6,000 | NIL | NIL |
| Warisan Cityview | July 2005 |
RM230,000
-
RM512,800
RM 298 psf - RM 537 psf |
RM1,100 - RM1,100 | NIL | 4.99 % |
| Queen's Avenue | 2005 | RM200,000 - RM500,000 | RM750 - RM1,200 | NIL | 3.06 % |
| Plaza 393 | 2002 |
RM335,000
-
RM729,888
RM 371 psf - RM 491 psf |
RM600 - RM600 | NIL | 3.38 % |
| Miharja Condominium | 1994 |
RM225,000
-
RM530,000
RM 239 psf - RM 552 psf |
RM1,250 - RM1,250 | NIL | 4.66 % |
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 | - | - | - |
| 500 - 1,000 SQ. FT | RM 683 psf | - | RM 696 psf |
| 1,000 - 1,500 SQ. FT | RM 498 psf | - | RM 299 psf |
| 1,500 - 2,500 SQ. FT | RM 602 psf | - | RM 1,338,844 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,810,000 psf | - |
| 4,000 SQ. FT and above | - | RM 1,430,000 psf | - |
Note:
| Down Payment (10%) | RM 33,000 |
| Loan Amount ( 90 %) | RM 297,000 |
| 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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