Property Review

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

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Cheras, Kuala Lumpur

Type

Condominium

Price

RM472k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing:** Unit pricing from RM472,000 offers moderate accessibility for first-time buyers in the Klang Valley, though price-per-square-foot competitiveness cannot be assessed without unit size specifications; represents mid-range positioning within Cheras's residential market.
  • **Location & Connectivity:** Cheras provides established residential infrastructure and road access via major arterial routes, but the absence of proximate MRT connectivity limits public transport options and may impact long-term appreciation relative to KL's rapid transit-adjacent developments.
  • **Risk & Timing:** Critical project details including tenure type, completion timeline, and developer track record are undisclosed, creating material investment uncertainties; delays in disclosure or extended construction timelines pose liquidity and planning risks for purchasers.

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 (NAPIC)

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%

NAPIC 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
M Luna

Mah Sing Group

KepongRM295kRecently Completed
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
M Nova @ Kepong

Mah Sing Group

KepongRM318kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Cheras, Kuala Lumpur
  • By Developer

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.