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Project review

Sunway Velocity 3

Cheras, Kuala Lumpur • Serviced Residence

Sunway Velocity 3 is a leasehold serviced residence in Cheras, Kuala Lumpur by Sunway. Market reference RM 774K- RM 1.23M for 721-1076 sqft, 1604 units, completion Q2 2028. Lewis can help you compare…

Price From:RM 774K- RM 1.23MBuilt-up:721-1076 sqftTenure:LeaseholdCompletion:Q2 2028Nearest MRT / LRT:MRT/ LRT
See this price in your own currency

Foreign buyers judge value in the units they buy at home. Convert the asking price and the price per unit of area.

Price from

S$242,262

Price per unit of area

S$336.01 / sq ft

Indicative only, at rates as of 12 August 2026 · Bank Negara Malaysia and market mid-rates

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Quick Project Decision

The short answer first — then dig into photos, price and risk below.

Good investment?

Sunway Velocity 3 is a leasehold serviced residence in Cheras, Kuala Lumpur, by Sunway, priced from RM 774,000 (721-1076 sqft), completing Q2 2028, with an estimated gross rental yield of 3.8%–4.4%. Lewis Chong rates it 6.8/10 — not currently recommended. Only consider if the price, package or personal use-case is unusually strong.

Best for

First-Time Buyer. Transit access.

Project snapshot

Check the practical details first before reading the deeper investment view.

Project Details Table

Cross-check these details against the developer's brochure before you book a viewing.

Project Name

Sunway Velocity 3

Location

Cheras, Kuala Lumpur

Developer

Sunway

Tenure

Leasehold

Completion Year

Q2 2028

Price From

RM 774K- RM 1.23M

Built-up Range

721-1076 sqft

Bedrooms

2-3+1

Maintenance Fee

RM0.3/psf

Total Units

1604

Nearest MRT / LRT

MRT/ LRT

Key selling points

A clean first scan of the project before you compare package, layout and risk.

Price and unit guide

Use these numbers as a shortlist guide for unit comparison.

3 investment scenarios

A simple stress test factoring in vacancy buffer, rental guide and monthly holding guide.

Scenario

Conservative

Monthly Rent

RM 2,450

Cash Gap

-RM 1,496
Show all details

Gross Yield

3.8%

Vacancy Buffer

2 months / year

Monthly Holding

RM 3,538

What it means

Stress-test case. Use this when you want more buffer for vacancy, furnishing and rental competition.

Scenario

Balanced

Monthly Rent

RM 2,650

Cash Gap

-RM 1,109
Show all details

Gross Yield

4.1%

Vacancy Buffer

1 month / year

Monthly Holding

RM 3,538

What it means

Base planning case. Useful for checking whether the project still feels comfortable after normal vacancy buffer.

Scenario

Optimistic

Monthly Rent

RM 2,850

Cash Gap

-RM 807
Show all details

Gross Yield

4.4%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 3,538

What it means

Upside case. Only use after checking strong furnished rental evidence and tenant demand.

This is a decision guide, not a guaranteed return. It excludes personal tax, insurance, special assessment and future rate changes.

Rent figures are benchmark estimates pending verification against current nearby listings and Brickz / EdgeProp / NAPIC transaction evidence — this site does not invent transacted prices.

Cost and affordability check

Hidden cost guide

SPA / legal buffer (SPA = Sale & Purchase Agreement)RM 7,740
Stamp duty bufferRM 23,220
Loan agreement bufferRM 3,870
Renovation / move-in bufferRM 19,350

Confirm nett price, rebate and booking terms before paying.

Estimated cash to start

RM 77,400 down payment + RM 54,180 upfront buffers

The cash buffer figure shown in the calculator below already includes these upfront buffers.

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Monthly Holding Cost

Quick guide only. Lewis can help check a more realistic bank package before you book.

Estimated instalment

RM 3,168

Maintenance guide

RM 252

Sinking fund guide

RM 25

Assessment & quit rent guide

RM 93

Monthly holding guide

RM 3,538

Cash buffer guide

RM 112,230

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Same-area price comparison

Compare asking prices of nearby new launches in the same area and state for market context.

ProjectProperty TypeTenurePrice From
Sunway Velocity 3CurrentServiced ResidenceLeaseholdRM 774,000
Emerald 9Serviced ResidenceFreeholdRM 613,000
The Maison 23LandedLeaseholdRM 1,000,000
Levia ResidenceCondominiumLeaseholdRM 527,000
The Maxxon ResidenceCondominiumFreeholdRM 450,000

Location intelligence

Use this as a viewing checklist. Confirm exact travel time with Google Maps or Waze on your actual viewing day.

Nearest MRT / LRT

MRT/ LRT

Lewis investment analysis

Lewis's honest take: overall score, realistic rental yield, the main risks, and which alternatives to compare before you decide.

Only consider if the price, package or personal use-case is unusually strong.

Suitable for

First-Time BuyerOwn-Stay BuyerLong-Term HolderTransit-Focused Buyer

Avoid if

Short-Term FlipperBuyer avoiding supply competitionBuyer needing immediate move-inFreehold-only buyer

May not suit buyers who need to move in immediately or inspect the exact completed unit.

May not suit buyers who only want freehold tenure.

May not suit families who prioritise school and park convenience above all else.

Risk

Medium-High

Holding Period

5-8 years

Confidence

7.0/10

Continue your research

FAQ and enquiry

Common buyer questions, related projects and a shorter enquiry form for next-step checks.

Buyer questions

The current market reference lists Sunway as the developer. Sunway Velocity 3 is in Cheras, Kuala Lumpur with completion reference Q2 2028.

More buyer questions (15)

Get price list, floor plans — or book a viewing

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Enquiry for: Sunway Velocity 3

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