Desa Tiara Residences, Condominium @ Bandar Mahkota Cheras, Selangor
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Cheras, Selangor
Type
Condominium
Price
RM522k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM522,000 entry price is competitive for the Cheras market segment, though value assessment is limited without unit size specifications, finishes, and amenities comparison to nearby developments.
- •**Location & Connectivity**: Cheras offers established residential infrastructure and accessibility via major roads, though the absence of nearby MRT connectivity may limit appeal to commuters prioritizing public transport access to central business districts.
- •**Risk & Timing**: The unspecified completion timeline presents uncertainty for buyers, and lack of developer name raises due diligence concerns; recommend verifying track record and obtaining firm completion dates before commitment.
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
4.4x
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
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
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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.