V Residence @ Sunway Velocity is a new landscape-altering project that is destined to change the lifestyle of the people in Cheras. It is part of an integrated development that will include residences, an office building, a medical centre, a hotel and a shopping mall. Located close to the city, Sunway Velocity integrated development will span 23 acres of prime land.
V Residence @ Sunway Velocity is not to be confused with the development of the same name in Cyberjaya. It is a uniquely designed serviced apartment that comes with spacious units of practical layouts in an environmentally friendly atmosphere. One of V Residence @ Sunway Velocity key selling points is its centrality and convenience of access.
There will be access to two different underground MRT stations within walking distance of V Residence @ Sunway Velocity. These lines are directly connected to the heart of Cheras at the new and biggest IKEA in Malaysia, and to Suria KLCC’s LRT station. V Residence @ Sunway Velocity is well situated close to many highways as well, with excellent accessibility to the Middle Ring Road 2 (MRR2).
Completed in 2018, V Residence @ Sunway Velocity is in good hands as all amenities are at an arm’s length away. There is a 1.4 million sf shopping mall, the Sunway Hotel, two underground MRT lines, a 2-acre central park, and the Sunway Medical Centre of Cheras within the integrated development.
The sizes of the homes at V Residence @ Sunway Velocity come with various sizes ranging between 624 sf and 1,243 sf. Built in a neighbourhood of landed properties, residents of V Residence @ Sunway Velocity will have unobstructed panoramic views of the KL city skyline. Their facilities are also fully designed to take advantage of the views with the astronomy observation deck, sky cinema, sky lounge and sky gym.
Other facilities that residents can enjoy include a barbecue area, cafeteria, gymnasium, Jacuzzi, playground, swimming pool, wading pool, game room, multi-purpose hall, a garden and more.
Every unit at V Residence @ Sunway Velocity will come partially furnished with built-in kitchen cabinets and air-conditioning units for every bedroom and living room. The layout of the units are uniquely designed for maximum space, hence even the smallest units appear to be larger than they really are. V Residence @ Sunway Velocity hence makes for a delightful home and even better investment, with all the units being sold out within months of its launch.
Dubbed the ‘City of Endless Possibilities’, Sunway Velocity is a self-sustainable integrated development with almost all living necessities made available within its boundary. From residences to hotels, shopping mall to education centre as well as everything in between, Sunway Velocity has it all.
All in all, offering a balance of being strategically close to Kuala Lumpur City Centre as well as other prime areas in the Klang Valley, V Residence @ Sunway Velocity is not only an ideal place of abode, but also a decent investment that investors could look into.
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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 @ Sunway Velocity | 2018 |
RM798,000
-
RM1,550,000
RM 822 psf - RM 1,440 psf |
RM2,000 - RM2,000 | NIL | 2.74 % |
| 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 % |
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 700 psf | - | RM 745 psf |
| 1,000 - 1,500 SQ. FT | RM 427 psf | - | RM 245 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 80,000 |
| Loan Amount ( 90 %) | RM 720,000 |
| 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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