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New project in Cheras, Kuala Lumpur, by Sunway Group Berhad.
| Property type | Condominium (Highrise, Residential) |
|---|---|
| Unit size | 721 - 1076 sqft |
| Bedrooms | 2 - 3 |
| Total units | 1604 |
| Tenure | 2121 |
| Land area | 3.43 Acre |
| Maintenance fee | RM 0.30 per sqft included 10% sinking fund |
| Developer | Sunway Group Berhad |
| Developer license no. | 30685/01-2029/0027(A) |
| Advertising permit no. | 30685-1/04-2027/0328(A)-(S) |
| Schedule type | Schedule H |
| Construction period | 36 months + 12 months |
Sunway Velocity 3 is a leasehold serviced-residence development in the Sunway Velocity integrated township, Cheras, Kuala Lumpur, by Bursa Malaysia-listed Sunway Group. Plugged into the township's mall, medical centre and college, the 1,604-unit scheme is priced from RM636,000.
Connectivity & Location
MRT Cochrane (KG21, Kajang line) is 550m straight-line and LRT Maluri (AG13) 713m, giving two-line access. Sunway Velocity Mall sits 385m, Sunway Medical Centre Velocity 590m, Sunway College @ Velocity 330m and Velo Garden 511m straight-line — a genuinely self-contained live-work-play radius. DBKL zones the pocket mixed-development (MX, plot ratio 5) in the Maluri MRT TOD zone (10% incentive).
Layouts & Living
Units run 721 to 1,076 sqft across 2 to 3 bedrooms, 1,604 units on 3.43 acres. Under construction with completion listed for 2028; confirm site progress and the VP date before committing. Maintenance is quoted at RM0.30 psf (including 10% sinking fund) and the project is HDA-governed. Indicative repayment from about RM2,638/month (90% loan, 35 years, ~4.3% p.a. — actual depends on your loan profile).
The Sifu View
The honest appeal is an integrated township with mall, hospital, college and two rail lines all within walking radius — one of the most self-contained addresses in Cheras — from RM636,000, above the RM535,800 median across the 11 Cheras projects on this site (the premium for the integrated location and brand). Buy it for own-stay convenience or letting to the Velocity catchment. But underwrite it soberly: it is off-plan with 2028 completion (real completion risk), it is leasehold to 2121, and at 1,604 units in an already dense, popular township, resale and rental competition within Velocity is real — check achieved rents in the existing Velocity towers, not projections.
Key Features