Akasa @ Cheras South, Balakong, Seri Kembangan
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Cheras, Selangor
Type
Landed House
Price
RM612k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM612,000 entry price for freehold landed houses, the project offers competitive pricing for the Balakong corridor; however, without completion timelines or detailed specifications, it is difficult to assess long-term value appreciation relative to comparable developments in the area.
- •**Location & Connectivity**: Cheras South provides moderate accessibility to established commercial and residential zones, but the absence of nearby MRT connectivity limits convenience for public transport users, making car dependency a consideration for commuters to central business districts.
- •**Risk & Timing**: The lack of specified completion dates presents a timing risk for purchasers, as project delays are not uncommon in Malaysia; early-stage acquisition may benefit from lower prices, but buyers should obtain clear developer timelines and milestones before commitment.
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
4.8x
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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
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.