Sold for: RM1.55million (RM1033.33psf)

Concluded by: Wennie Liew (REN 16099) (012-233 3013) of IQI Realty Sdn Bhd

When: November 2019

Noteworthy:
● Built-up: 1,500 sq ft
● Freehold
● Mid-floor unit
● Semi-furnished and renovated
● Two rooms and a toilet
● Nearby amenities: Sunway Velocity Mall, AEON Taman Maluri Shopping Centre, NSK Trade City Peel Road, MyTOWN Shopping Centre; Sunway Medical Centre Velocity; Maluri MRT and LRT stations; and Cochrane MRT station
● Accessible via Maju Expressway (MEX), Sungai Besi Expressway (SBE) and Jalan Loke Yew

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Sunway Velocity Office 2 is part of the Sunway Velocity integrated development and transit-oriented development which comprises residential, commercial, hotel, office and retail components.

It is located in the mature and vibrant suburb of Taman Maluri in Kuala Lumpur city which enjoys the convenience of two mass rapid transit stations (Maluri and Cochrane) and the Maluri light rail transit station. The upcoming the MRT Sungai Buloh-Serdang-Putrajaya Line (MRT 2) would further enhance connectivity to the area. KL city centre is only 8km away while the upcoming Tun Razak Exchange is a 10-minute drive away.

Wennie Liew of IQI Realty Sdn Bhd who concluded the deal in November 2019, said office units at Sunway Velocity enjoy high demand due to their strategic location and the potential of future developments in the area.

She was approached by the buyer who was looking for a unit in Sunway Velocity Office 2 for business expansion as it is surrounded by shopping malls, offices, residences and public transportation. “The buyer also hopes to benefit from the future development in the area,” she added.

“The seller, who had been renting out the unit, originally had no intention to sell. But the tenant was moving out and the price offered by the buyer was reasonable, hence the seller decided to let go of the unit,” Liew explained, adding that the buyer was sincere and that his loan had been pre-approved before he placed a deposit for the unit.

Liew said that this unit with a built-up of 1,500 sq ft was a rare find as it is easier to get smaller units in this location. The unit came with electrical appliances and built-in fittings.

According to EdgeProp.my’s data, there were 18 office units sold in Sunway Velocity in 2018, with prices ranging from RM630,000 to RM1.6 million. In 2019, 10 units were transacted at prices ranging from RM620,000 to RM2.28 million.

As at mid-May 2020, there were 26 office units in Sunway Velocity listed for sale on the property portal asking for an average price of RM1.37 million or RM1,095 psf.

Meanwhile, there were 39 rental listings asking an average RM8,674 or RM3.69 psf per month.

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Interested to buy a unit in Sunway Velocity? Or click here for more property listings in Taman Maluri​. Click here to know more about Wennie Liew ​​ and potential good deals.

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