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Investment SUNWAY VELOCITY TWO @ JALAN PEEL, Sunway JV CRSC Prop Former Lemon Tree

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remora
post Mar 10 2022, 11:35 AM

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Just signed SPA for Tower D. Looking to join owner group -please PM

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This post has been edited by remora: Mar 10 2022, 11:38 AM
remora
post Apr 11 2022, 09:42 AM

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QUOTE(erwinlee @ Apr 10 2022, 11:52 AM)
How does this development compared to Lavile ?
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My personal opinion with Lavile as comparison

1) Neutral - Sunway Velocity TWO is Leasehold, remaining units now at about $900+psf(after rebate), no big deal for me as rental yield is better than similar freehold in locality due to lower psf purchase price
2) Neutral - Have some units with unblocked view as surrounding building is known, but all these already priced in by Sunway by up to $31psf additional
3) Plus - Carpark entrance (directly from Jalan Peel) and speed ramp access
4) Minus - Completion only in Q4 2024
5) Minus - Limited natural lighting into Master bedroom in dual key units
6) Neutral - 6 high-speed lift for 600+ units
7) Plus - Covered access to Velocity Mall - Maluri and Cochrane MRT

This post has been edited by remora: Apr 12 2022, 08:30 AM
remora
post Apr 19 2022, 05:21 PM

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QUOTE
Look like Lavile also target premium range.... Still considering which one to take... Velocity 2 or Lavile

Quite hard to decide.... Lavile can help save progressive interest... 🤔
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Well, personally, I did not choose Lavile due to the concern of size of road leading in (Lorong Peel).

Anyway, still a risk when I bought Sunway Velocity TWO given the huge supply in that area from One Cochrane till M Vertica. Still waiting to see if the delay in One Cochrane could result in distressed units for lelong upon VP.

Should also consider UNA subsale if there is any medium sized unit below 900psf. V residences pdf prices will always lead Velocity 2 and in turn will always lead UNA

This post has been edited by remora: Apr 19 2022, 07:29 PM
remora
post Apr 28 2022, 10:47 AM

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Progress of Tower D as of today

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This post has been edited by remora: Apr 28 2022, 10:48 AM
remora
post Jun 26 2022, 05:11 PM

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My perspective here is purely for investment purpose only. I do have to agree that the success of SV2 depends a lot on TRX's future. It is all about job creations in the area, To be frank, it is not the most ideal place to raise a family. Sunway Velocity caters for those in the middle income group who is better off paying around 2-3k rental rather than spend long hours in commute. In this area with high supply, i just hope that Sunway properties can command the premium as UEM Sunrise could in Mont Kiara.

This post has been edited by remora: Jun 26 2022, 05:16 PM
remora
post Nov 14 2022, 06:10 PM

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QUOTE(chongmelvin2238 @ Nov 12 2022, 08:36 AM)
I got it about less than 2 months from SPA…

Wondering when is the next billing. After reached parking structure but no billing yet. Any idea ah?
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Expect next billing 15 Nov for Carpark structure completion
remora
post Jan 20 2023, 09:07 AM

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QUOTE(lument1234 @ Jan 20 2023, 05:21 AM)
Hi Sifus, I just found out about this project recently and was told not much units left (looking for type A) and hence was offered a partial furnished Type A net price at RM560k, lvl28 (psf RM964). I personally this project overall is a great investment opportunity however that leaves me a concern as an investor because entry price is an important factor to consider especially I'm buying the last phase of this project at such timing hence the psf is generally higher than the most, is RM964psf not a good deal for this....

Any owners or Sifus can share what was the earliest pre launch net pricing for Tower C & D (Type A & B) so that i can have a gauge to compare with
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I paid RM922 psf, lvl 33 Tower D and already at 25% progressive
remora
post Jan 26 2023, 08:40 AM

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QUOTE(lument1234 @ Jan 20 2023, 03:03 PM)
Wtf haha lvl33 has cheaper psf than lvl28, are u an pre launch buyer?
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I bought early, which means I have already been servicing loan drawdown interest.

 

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