Sunway Velocity TWO

The location of this development is definitely something worth highlighting as it is peppered with just about everything. Facilities such as Sunway Velocity Mall, Market Place, Food Street Food, Commune, Sunway Velocity Medical Centre, Sunway Education, the 2-acre Central Park, and several others. Apart from the aforementioned locations, Sunway Velocity TWO provides easy access to multiple modes of commuting, such as major highways, as well as MRT and LRT stations.

Sunway Velocity TWO Location

With regards to location, Sunway Velocity TWO is considered to be prime in status. This is because it sits comfortably away from the mayhem of rush hour traffic heading in and out of the big cities and regions such as Kuala Lumpur and Petaling Jaya respectively. It would take approximately 5-10 minutes on the road before arriving at these bumper-to-bumper prone areas. Generally, the outskirts of big cities are preferred by those in the workforce for settling down as they are a lot closer than areas such as Bangi and Kajang that are down south, and Kepong and Gombak which are further up north of the major business areas.

Sunway Velocity TWO is surrounded by major modes of transportation, which provide alternatives to avoid traffic congestion. The closest MRT station in the vicinity is Cochrane, which sits about 400 metres away, while Maluri (MRT & LRT) is approximately 750 metres away – both of which can be reached on foot via sheltered walkways. For those who are expecting longer journeys on the road to further destinations, the development is surrounded by major roads such as Jalan Cheras which connects directly to the city centre, while towns such as Balakong, Sungai Long and Kajang can be reached via the opposite direction. Jalan Peel which separates Sunway Velocity Mall from the development right down the middle connects to Jalan Cochrane and leads into Jalan Tun Razak and Jalan Sungai Besi. Where entertainment, food, and fiesta are concerned, Sunway Velocity TWO does not come up short as they are all accessible on foot.

Connectivity

It can be said that prospective buyers of Sunway Velocity TWO may be faced with a unique situation as they could be spoilt for choice when selecting public transportation. Travellers would need to plan their journeys ahead, depending on which parts of Klang Valley they are headed out to. For instance, if travelling into the heart of Kuala Lumpur, it would be best to hop on the LRT along the Ampang Line at the Maluri Station. This would be able to connect to stations such as Pudu, Masjid Jamek, Sultan Ismail, and Titiwangsa, to name a few. All of these stations interconnect with the Sri Petaling LRT line which can take you to areas such as Bukit Jalil, Puchong, and as far as Putra Heights. If one is headed towards areas such as Taman Tun Dr Ismail, Bandar Utama, Kota Damansara and Sungai Buloh, the MRT station at Cochrane would be their best bet.

While public transportation is beyond sufficient, access to major roads around Sunway Velocity TWO seems to be equally complementary. The SMART tunnel, which provides direct and quick access to Jalan Tun Razak and Jalan Sultan Ismail, is a viable option should one be commuting during rush hour. This will set one back by RM3.00 per way, which is a small cost to bear considering the time spent when using Jalan Cheras, infamously known for standstill traffic during peak hours. Other highways which are connected to roads around Sunway Velocity Two include NPE (North Pantai Expressway), KL-Seremban, Maju Expressway (MEX), Jalan Chan Sow Lin Interchange, and Besraya Eastern Extension Highway (BEE).

Convenience

The developers of Sunway Velocity TWO have certainly planned this project with convenience as its centrepiece. With various sheltered elevated bridges connecting to Sunway Velocity Mall and its surrounding, this development is the textbook definition of far-sighted development planning. Within just 5 minutes on foot, prospective buyers of Sunway Velocity TWO would be able to enjoy direct access to various facilities in Sunway Velocity Mall such as Parkson, TGV Cinemas, Marks & Spencer, Harvey Norman, Sushi King, Starbucks, and Uniqlo, to name a few. Apart from the mall, residents can also make their way to Market Place, where artisan food, fresh produce and daily essentials are available. Also close by is Food Street Food, where various mouth-watering hawker delights await those who prefer something a little different from the ordinary. For alternative malls, residents can even head out to hotspots such as IKEA Cheras, MyTown Shopping Centre and AEON Big Jalan Peel on foot.

Sunway Velocity TWO is also perfect for those who are seeking to invest in the right place to raise a family as part of their long-term plan. Public schools such as SMK Cochrane, SMK Yaakob Latiff, Sekolah Jenis Kebangsaan (Tamil) Cheras, SK Convent Jalan Peel are all within a 650-meter radius. For higher learning institutions, it can be quite a drive out to the likes of HELP College of Arts & Technology, TMC College, Cybernetics International College of Technology and YPC International College, all of which are approximately 15-20 minutes on wheels. As for healthcare, Sunway Medical Centre Velocity is situated within the compound of Sunway Velocity Mall and is within walking distance.

Below is a complete list of amenities and facilities around Sunway Velocity TWO:

Shopping

• Sunway Velocity Mall
• IKEA Cheras
• MyTown Shopping Centre
• AEON Big Jalan Peel
• VIVA Shopping Mall

Education

• SMK Cochrane
• SMK Yaakob Latiff
• SJK (T) Cheras
• SK Convent Jalan Peel
• HELP College of Arts & Technology
• TMC College
• Cybernetics International College of Technology
• YPC International College

Hospitals and medical facilities

• Sunway Medical Centre Velocity
• Klinik Harmony

Sunway Velocity TWO Floor Plan

Built on a land area that spans across 3.89 acres, Sunway Velocity TWO has three types of unit catering to different needs of prospective buyers, ranging from 635 – 1,281 sq ft each. Type A units are 635 sq ft in size and come with 2 rooms and 1 bath. Type B units, which are built to suit the dual-key concept, are 840 sq ft in size with 2 rooms and 2 baths. Type C units are similar to the Type B range but come with an extra room which can be suitable for infants or utility – boasting a cool 883 sq ft in size. Type D units, on the other hand, are 969 sq ft in size and come with 3 rooms and 2 baths. Type E units are also similar to the Type D range, except it comes with an extra little room, with a total size of 1,044 sq ft. Type F units are the largest units available at the development with a size of 1,281 sq ft, accompanied by 4+1 rooms and 3 baths. Here’s a brief overview of all available units:

• Type A – 635 sq ft (2 rooms, 1 bath)
• Type B – 840 sq ft (2 rooms, 2 baths, dual-key)
• Type C – 883 sq ft (2+1 rooms, 2 baths, dual-key)
• Type D – 969 sq ft (3 rooms, 2 baths, dual-key)
• Type E – 1,044 sq ft (3+1 rooms, 2 baths, dual-key)
• Type F – 1,281 sq ft (4+1 rooms, 3 baths, dual key)
• Type G – 1,119 sq ft (3+1 rooms, 2 baths, dual-key)

Below are the dimensions for all unit types at Sunway Velocity TWO:

Sunway Velocity TWO seems to have a unit for every type of resident. However, while most residential developments cater to a wider spectrum of unit sizes, this project seems to focus more on the median range. It is clear that the developer has utmost clarity on whom they wish to allure, and subsequently create an ideal living environment for said audience.

Sunway Velocity TWO Facilities and Amenities

Having a specific market audience in mind, Sunway Velocity TWO houses a unique kaleidoscope of facilities and amenities. The ground floor of the project holds a reflexology area, outdoor gym and kids traffic play area. On the 8th floor, it holds an infinity pool, outdoor lounge, games room, BBQ deck, and treehouse, to name a few. At a different section of the same floor, there are facilities such as a reading lounge, multipurpose hall, exclusive kitchen, herbs garden and yoga deck. The rooftop of the building houses a sky pavilion, sky terrace, rooftop BBQ, sky garden and hanging chair. Below is a complete list of facilities and amenities at Sunway Velocity TWO:

• Guardhouse
• Drop off
• Outdoor gym
• Reflexology area
• Kids traffic play
• Infinity pool
• Kids water play
• Treehouse
• Kids play area
• Hanging chair
• BBQ deck
• Outdoor lounge
• Indoor lounge
• Multipurpose deck
• Games room
• Karaoke
• Indoor kids play
• Reading lounge
• Outdoor deck
• Exclusive kitchen
• Herbs garden
• Multipurpose hall
• Kids slide
• Gym
• Yoga deck
• Sky pavilion
• Sky terrace
• Rooftop BBQ
• Sky garden
• Hanging chair

Sunway Velocity TWO Property Analysis

Target Market

Seeing as Sunway Velocity TWO caters to the median range size units, it can be said that they are quite certain of their target market. This group is identified as small and growing families who have access to just about everything around them – all on foot. These facilities include education, higher learning, and healthcare, just to name a few.

These units would also appeal to prospective investment buyers as its location is ideal for tenants who prefer commuting using public transportation and getting around on foot. Rental is also considered highly affordable for prospective tenants, while owners could enjoy a secure, long-term yield. There is also the possibility of prospective buyers renting out their space on Airbnb as it seems to be a popular practice with other residential units around the vicinity. With access to virtually anywhere in Klang Valley via public transportation, this seems like a highly profitable option.

Competitor Analysis

With a built-up of between 635 and 1,281 sq ft, Sunway Velocity TWO will cost approximately RM850 per sq ft and is expected to be completed by 2022, with unit prices starting from RM570,000. The entire development is divided into three plots, with Plot A having two residential blocks, an office tower and retail units, Plot B consisting of two residential blocks and retail units, while Plot C is made up of an office tower.

Considering its location on the fringes of the capital city’s Golden Triangle, one would expect prices to soar beyond affordable. However, this residential development is cheaper compared to its sister development, V Residence Suites, as the former is a leasehold property, while the latter is freehold. As such, Sunway Velocity TWO’s units are approximately 22.7% cheaper than its older sibling.

There have not been many new residential developments in the area to compare with, but the closest to this narrative is Amaya Maluri Serviced Residence which was built in 2013 and sits about 1.2km away in the Maluri area. It is a leasehold property with a built-up of 719-2,784 sq ft with a median sales price of RM480,000. Comparatively, Amaya Maluri would be a cheaper option for those seeking larger units. However, access to facilities and amenities centred around the Sunway Velocity Mall area may be a little further, but the Maluri LRT is much closer.

Sunway Velocity TWO would surely be able to lure prospective buyers in the area considering it is a new development, where its costs sit within the median range across all three projects.

Sunway Velocity TWO Developer: Sunway Group

Sunway Velocity TWO is a signature development by Master Community Developer, Sunway Property, the property division of Sunway Group. The group has delivered numerous projects abroad including nations such as China, India, Vietnam, Cambodia and Singapore.

Locally, Sunway Group has developed Kiara Hills, Sunway Pallazio, Sunway Vivaldi, and many others. Its next project will be the largest one yet, an integrated township spreading across 1,800 acres in Sunway Iskandar.

Summary

Being part of the larger Sunway development, Sunway Velocity TWO is bound to be a jewel in the crown. It is a stone’s throw away from the big city, with various adjoining major highways and a network of public transportation facilities which lead to the outer ring of Klang Valley. In addition, it also neighbours several thrilling commercial and leisure establishments – promising a vibrant living experience.