The Veo or formerly known as DMBC4 is an exclusive condominium situated in Melawati, Selangor. It is another project by the reputable Sime Darby in 'its' Melawati territory. Veo consists of two blocks that sit on a 4.2 acre freehold land. It comprises 350 of residential units ranging from studio to duplexes with built-up areas starting from 745 sf to 3,245 sf. The standard units comprises of 2 bedrooms and 1 bathroom. Residents enjoy ample facilities provided such as enjoying recreational activities at the clubhouse which also consists of swimming pools, gymnasium, café, sauna, spa and also study and changing rooms. Apart from that, there are also function rooms, multipurpose halls, tele-health centre and smart offices for the convenience the residents there. Apart from that, the residents get to enjoy the magnificent view of the Kuala Lumpur city centre from the high level community garden. Of course, security wise, with security checkpoints at lift lobbies and 24 hours on the clock security, residents can rest assure that this is also of the utmost priority of the management at Veo.Located just opposite of Veo are rows of shop lots where residents can easily enjoy the amenities that are all positioned just a short 10 minutes’ walk away from Veo in which there are restaurants, workshops, mini markets, banks and petrol kiosks like Petronas and Petron. TAR College, SK Wangsa Melawati and Sekolah Rendah Agama Islahiyah are also just a short 3 minutes’ drive away from Veo, making it extremely convenient for households with children or those who are going off to college soon.Veo can be easily accessible using major highways such as MRR2 or routes like Jalan Genting Kelang and Jalan Melati. Public transportation wise, the nearest LRT station is situated about a short 6 minutes drive away from the condominium.
Property Details
Name: The Veo (formerly known as DMBC4) Address: Melawati, Selangor Developer: Sime Darby Property Type: Condominium Tenure: Freehold No. of Blocks: 2 No. of Storey: 30 No. of Units: 350 No. of Bedrooms: 2 No. of Bathroom: 1 Built-up Single: 745 sf - 2,275 sf Duplex: 2,945 sf - 3,245 sf Launch Price: RM600 - RM700 psfFacilities
24 hours security Clubhouse Surau Restaurant Smart offices at community garden level Tele-health centre Convenience store Launderette Multipurpose hall Function room Reception lounges Landscaped and allotment gardensAnalysis
According to many potential buyers, The Veo has a bright future in terms of investment. With developments like Quarza and Sunway Montana located within the same vicinity, it will create a stretch of luxury residential and commercial properties along the MRR2. Many stated that developments like Veo looks promising and is a viable investment in the long run. However, there were also comments on the pricing of Veo. Although price for The Veo is yet to be finalized, many have stated that although rental yield looks promising, the price is not very affordable by average Malaysian – and it is unlikely for a young couple would opt for a studio after they got married. It seems that the units are leaning towards the single and matured professionals target group. There were also issues on the public transportation as residents would have to cross over the MRR2 to reach the nearest Gombak LRT Station which appears to be a hassle to most people.