V Residence 2 @ Sunway Velocity

Lot 392, Batu 2 1/2, Jalan Cheras, 55100 Kuala Lumpur, Wilayah Persekutuan
Serviced Residence
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Details:

Developer

Developer of V Residence 2 @ Sunway Velocity, Sunway Integrated Properties Sdn. Bhd.
Sunway Integrated Properties Sdn. Bhd.
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Chinese ad 4621 326x150 01

Facilities

Wellness pavilion
Hanging chairs
Reflexology path
Zen garden
Sky bar & Lounge
Astronomy observation deck
Sky kitchen
E-gym
Mini rock climbing
Camp site
Outdoor cinema
Cascading lawn
Yoga deck
Games room
Children’s playground
Barbecue pit
Pavilion
Gymnasium
Outdoor lounge
Children pool
Fun pool
Jacuzzi
Lap pool
Sauna
Changing room
Multi-purpose court
24-hour 3-tier security system

Property Details

2018 May
(Year of Completion)
This project was completed 4 years ago
RM967,000 - RM2,076,000
Built Up
850 SQ. FT - 1,130 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
NIL
Total Units
334
Parking
Min. 1

Description

V Residence 2 @ Sunway Velocity is the second exclusive property development in Sunway Velocity, Cheras. Dubbed the “City of Endless Possibilities”, Sunway Velocity is an integrated development that will be home to serviced residences, a hotel, shopping mall and even a hospital.

V Residence 2 @ Sunway Velocity is only one of the residential developments, and was very popular in the market with the units selling out shortly after its launch. V Residence 2 @ Sunway Velocity offers a very low density of living to its residents, with a total of only 334 units in one block.

The sizes of the units at V Residence 2 @ Sunway Velocity varies, but not by much. They are sized between 850 sf and 1,130 sf, with two bedrooms each. And every unit at V Residence 2 @ Sunway Velocity comes with only one parking lot, regardless of its size.

These homes are however considered to be rather overpriced with a minimum selling price of RM967,000. This places these homes at approximately RM1,100 psf, which is considerably more expensive than the existing properties in the neighbourhood of V Residence 2 @ Sunway Velocity.

The homes at V Residence 2 @ Sunway Velocity are however quite desirable with its unique designs. The neighbourhood of V Residence 2 @ Sunway Velocity itself is beautifully designed to present to residents an exquisite view from their homes. Every unit will offer a panoramic view of KLCC as well as an unobstructed view of the swimming pool and a two-acre park.

Residents will also be given the convenience of a range of high-quality facilities which will include a sky kitchen and astronomy observation deck. Sports enthusiasts will adore living here as well with the mini rock climbing area, e-gym and wellness pavilion.

Accessibility to public transportation is one of the key selling points of V Residence 2 @ Sunway Velocity. There will be not one, but two underground MRT stations within walking distance of the development, one at either end of Sunway Velocity. These stations will connect seamlessly to the Kuala Lumpur city centre. Accessibility to highways are also a gem with the Middle Ring Road 2 (MRR2) a short ride out.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
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Nearby Amenities:

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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 (%)
V Residence 2 @ Sunway Velocity May 2018 RM714,000 - RM1,371,000
RM 668 psf - RM 1,294 psf
RM2,300 - RM2,300 NIL 3.91 %
Sunway Velocity 2017 RM190,000 - RM1,100,000
RM 237 psf - RM 1,199 psf
RM2,200 - RM2,200 RM846,473 (RM 955 psf) 5.3 %
Amaya Maluri Dec 2013 RM342,000 - RM930,000
RM 394 psf - RM 737 psf
RM1,500 - RM1,500 NIL 3.87 %
Wisma IAV 2013 From RM130,000,000 From RM6,000 NIL NIL
Fraser Business Park 2010 RM455,000 - RM455,000
RM 660 psf - RM 660 psf
RM490 - RM490 NIL 1.77 %
Warisan Cityview July 2005 RM230,000 - RM512,800
RM 298 psf - RM 532 psf
RM1,100 - RM1,100 NIL 4.99 %
Queen's Avenue 2005 RM200,000 - RM500,000 RM750 - RM1,200 NIL 3.06 %

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 684 psf - RM 845 psf
1,000 - 1,500 SQ. FT - - RM 733 psf
1,500 - 2,500 SQ. FT RM 888 psf - RM 884 psf
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 244 psf
Non Landed Properties
RM 324 psf
Landed Properties
RM 446 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 96,700
Loan Amount ( 90 %) RM 870,300
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (850 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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.

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