Akasa @ Cheras South, Balakong, Seri Kembangan
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Cheras, Selangor
Type
Landed House
Price
RM612k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing at RM612,000 is competitive for landed houses in the Seri Kembangan area; however, value assessment is constrained by the absence of specifications, unit sizes, and detailed floor plans that would justify positioning relative to comparable properties.
- •**Location & Connectivity**: The Cheras South location offers moderate accessibility via existing road networks and proximity to commercial amenities, but the absence of nearby MRT connectivity limits long-term appeal compared to transit-oriented developments and may impact future rental demand and resale value.
- •**Risk & Timing**: The unspecified completion timeline presents a material risk for purchasers regarding project delivery certainty and holding costs; additionally, limited developer information and project details suggest the development may still be in early stages, warranting caution regarding sales credibility and financial stability.
NewProjek Score
6.8
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 11% above area median
Is this project priced fairly?
Selangor — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM2,000–2,600
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC data 2021–2025
Price-to-Income
5.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Selangor
Median Household Income
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Cassia Residence @ Laman View, Cyberjaya | Cyberjaya | RM319k | New Launch |
| IOI Rio City IOI Properties | Puchong | RM320k | Under Construction |
| Taman Dato Harun, 1-Storey Terrace @ Pulau Indah, Selangor | Klang | RM329k | Completed |
Why Consider
- • Freehold landed property in established Cheras South neighbourhood
- • Affordable entry point for first-time homebuyers and investors
- • Strategic location near Balakong with growing commercial development
- • Close proximity to schools, amenities, and shopping centres
- • Strong rental demand area with consistent capital appreciation
Risk Factors
- • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.