Desa Tiara Residences, Condominium @ Bandar Mahkota Cheras, Selangor
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Cheras, Selangor
Type
Condominium
Price
RM522k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Unit pricing from RM522,000 offers competitive entry-level positioning for the Cheras market, though without specified completion dates or detailed amenities comparison, long-term value appreciation potential requires further due diligence against comparable freehold developments in the area.
- •**Location & Connectivity**: Bandar Mahkota Cheras provides established residential infrastructure with road accessibility, but the absence of nearby MRT connectivity limits convenience for public transport commuters and may impact future rental demand relative to transit-oriented alternatives in greater Klang Valley.
- •**Risk & Timing**: The lack of specified completion timeline presents execution risk and potential for construction delays; buyers should clarify developer track record and obtain detailed project schedules before commitment, as extended timelines could affect market conditions and financing arrangements.
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 (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
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%
Verified data 2021–2025
Price-to-Income
4.1x
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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • Established Bandar Mahkota Cheras neighbourhood with proven track record
- • Freehold tenure ensures long-term ownership and asset appreciation
- • Affordable entry price at RM522,000 for condominium living
- • Strategic Cheras location near commercial and residential amenities
- • Strong investment potential in developed suburban area
Risk Factors
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.