Desa Tiara Residences, Condominium @ Bandar Mahkota Cheras, Selangor
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Cheras, Selangor
Type
Condominium
Price
RM522k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Unit pricing from RM522,000 represents mid-range positioning for the Cheras corridor; offers reasonable value relative to freehold tenure, though pricing competitiveness depends on final built-up area and finishes compared to nearby developments.
- •**Location & Connectivity**: Situated in established Bandar Mahkota Cheras with road accessibility via major thoroughfares; notably lacks direct MRT connectivity, limiting public transport appeal and potentially constraining long-term demand from transit-dependent demographics.
- •**Risk & Timing**: Completion timeline is unspecified, creating uncertainty regarding project delivery and investment timeline; this ambiguity, combined with no MRT proximity, presents moderate risk for capital appreciation and rental yield potential in an increasingly competitive suburban market.
NewProjek Score
7.5
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced in line with 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
RM1,700–2,300
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
4.4x
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 |
|---|---|---|---|
| Acacia Residences @ Salak Perdana, Sepang | Sepang | RM265k | New Launch |
| Rimba Heights, Bungalow Lots @ Bandar Tasik Puteri, Rawang | Rawang | RM267k | New Launch |
| M Sinar @ Southville City Mah Sing Group | Southville | RM270k | New Launch |
Why Consider
- • Established Bandar Mahkota Cheras location with mature neighbourhood infrastructure
- • Affordable freehold condominium entry point under RM550k
- • Strategic Cheras position near major employment and commercial hubs
- • Strong rental demand in well-developed residential area
- • Solid investment potential in established suburban community
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.