Wednesday 26 September 2012

New launch : Sunway Velocity (V Retail & V office)

Sunway Velocity
Sunway Velocity covers a total land area of 23 acres. This development consists of retail, flexi office, serviced apartments and 1mil sf shopping mall. V residence is a 18 storeys with 264 units of service apartments.  V retail & v office is a 1 ½ storey shops and duplex flexi office. There is an 8-storey flexi suites on top of the 3/s shops (retail).
Sunway Velocity (V Retail & V office)
V Retail & V Offices consists of a 3-storey retail and 12-storey flexi suites. This is one of the components of the velocity development.

Summary details of this project : 
Land area : 23 acres (mixed development) (V Retail & Designer suites is only 3acres site)

Tenure : Freehold
Total Unit : office (276 units), shops (12)

Sizes : Office (680 – 1300sf), shops (5,500sf) 
Average Selling Price : RM7mil-8mil and 850psf for office suites (10%+DIBS or 18%)
Sales status : 100% for shops and 50% for flexi office

Review : 
Location : It is a matured location in Cheras but it is upcoming.

Design : The sizes are standard commercial size.
Price : Exotic pricing with the selling point of new concept of development, future LRT line and etc.
My Notes : Location is good, design is good to cater to new needs.

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