Property Review

Emerald Hills, Condominium @ Alam Damai, Cheras, Kuala Lumpur

Powered by verified data + DOSM

Generated 14 June 2026

← Back to listing
Executive Summary

Developer

Location

Cheras, Kuala Lumpur

Type

Condominium

Price

RM472k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM472,000 entry point is competitive for the Cheras market segment, offering moderate affordability relative to central KL developments, though without specified tenure details, investors cannot fully assess long-term value retention and financing eligibility.
  • **Location & Connectivity**: Alam Damai sits in an established residential enclave with good road access via trunk routes, but the absence of nearby MRT connectivity limits public transport convenience and may constrain future capital appreciation compared to transit-oriented developments in the wider Klang Valley.
  • **Risk & Timing**: The lack of disclosed completion date and developer information presents significant execution risk; potential buyers should verify developer track record and obtain clear timelines before commitment, as market conditions and interest rates may materially affect affordability during the development phase.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM472,000
Kuala Lumpur MedianRM850,000
Priced 44% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,600–2,200

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

Verified data 2021–2025

Price-to-Income

3.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Kuala Lumpur

Median Household Income

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Arte Star

Arte Corp

Sungai BesiRM245kNew Launch
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Why Consider + Risk Factors

Why Consider

  • Strategic Cheras location with established residential infrastructure
  • Affordable entry price for Kuala Lumpur condominium investment
  • Proximity to shopping centres and amenities in Alam Damai
  • Strong capital appreciation potential in growing Cheras area
  • Well-connected via major roads to Kuala Lumpur CBD

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.