Sunway VeloCity, Cheras

Sunway VeloCity in Cheras will be aiming to bring a whole new meaning to the KL landscape with its integration of commercial, residential, and retail components alongside service apartments, shopping malls, a themed park, and a separation of pedestrian and vehicle space. It is almost like a whole city in itself!

Located at a mere 10 to 15 minute drive away from KLCC, Sunway VeloCity in Cheras will be able to tout the fact that it is the only last piece of freehold land available in the district of Kuala Lumpur.

With every day necessities in the form of Jusco and the nearby Pudu Market, every family can have access to the basic needs for groceries. Also located nearby Sunway VeloCity are 3 local schools and a large park, making family life a little more easier. Need to catch public transportation? No worries – a little bit just south of Sunway VeloCity in Cheras is a Rapid KL bus station, and just a bit further north is the Pudu LRT station.

The concept of combining all the necessities of an urban lifestyle into its very structure is an important aspect that the developers of Sunway VeloCity have thought about. It is a place where shopping malls are combined with service apartments, and pedestrian-friendly environmental decks are available to allow green space that is needed in a concrete jungle such as Kuala Lumpur.

Property Details

• Name: Sunway VeloCity
• Address: Jalan Cheras, Cheras, Kuala Lumpur
• Developer: Sunway City Bhd (SunCity)
• Completion Date: Final Completion in 2013
• Type: Residential, Commercial & Retail
• Tenure: Freehold
• No. of Units
  • Office Suite: 104 (standard), 8 (duplex)
  • Retail Shop: 6 (ground & mezzanine), 6 (environmental deck)
• Land Area: 21.76 acres

Facilities

• A full functioning mall
• An environmental deck
• 2 acres of central park

Market Trends

Analysis

Sunway VeloCity in Cheras is rather unique, in the sense that it a mix match of everything that a person living in an urban environment may need, neatly packed into one place, or in this case, one development. With convenience in mind, you will find offices, retail shops, a mall, a park, and a serviced apartment all inside one development.

With the concept of allowing more space for the pedestrian, there are segregated paths for pedestrians that separate them from the usual moving traffic that plagues Kuala Lumpur. There are also many residential buildings surrounding Sunway VeloCity so there is an option of finding a place to stay there instead, if Sunway VeloCity is a bit too out of your budget.

However, as mentioned above, it is the only new freehold land development up for any prospective buyer to grab onto before it is too late, or unless an existing development gets demolished somehow. As a result, it is expected that the competition for buying property at Sunway VeloCity in Cheras will be pretty tight.

With public transport available nearby, as well as basic amenities such as schools and marketplaces just a stone’s throw away from Sunway VeloCity in Cheras, this is certainly a place that caters to all.