Akasa @ Cheras South, Balakong, Seri Kembangan
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Cheras, Selangor
Type
Landed House
Price
RM612k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: The RM612,000 entry price is competitive for landed houses in the Seri Kembangan area, offering reasonable value for freehold properties, though final pricing depends on unit specifications and psf (price per square foot) comparison with comparable developments.
- •**Location & Connectivity**: Cheras South provides suburban accessibility with road connectivity to major routes, but the absence of nearby MRT connectivity limits public transportation options and may affect long-term appreciation compared to transit-oriented developments.
- •**Risk & Timing**: The absence of a specified completion date presents uncertainty regarding project timeline and delivery, which could impact investment returns and occupancy plans; market conditions in the suburban Seri Kembangan segment should be monitored for demand trends.
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 (Verified)
| 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%
Verified 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
Why Consider
- • Freehold landed house in established Cheras South neighbourhood
- • Strategic location in growing Seri Kembangan area
- • Affordable entry price for landed property investment
- • Proximity to amenities, schools, and commercial centres
- • Strong potential for capital appreciation in region
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 the government, 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.