Sunway Bhd is looking to launch Tower C within its 8.5-acre Sunway Velocity TWO in Kuala Lumpur by the end of this year, according to Chong Sau Min, executive director of the group’s central region property development division.
The RM2 billion Sunway Velocity TWO, which was unveiled in 2018, is located diagonally across from integrated development Sunway Velocity on Jalan Peel, Cheras. About 70% of Sunway Velocity TWO will comprise residential units. In contrast, three quarters of the 23-acre Sunway Velocity is made up of commercial units.
Sunway Velocity TWO will be divided into three plots. The 3.89-acre Plot A will have two residential blocks (Towers A and B), an office tower and retail units. Plot B will have two residential blocks and retail units while Plot C is a commercial component. Sunway is keeping the office tower and retail units to control the tenancy mix.