Property Review

Levia Residence @ Cheras, Kuala Lumpur

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Cheras, Kuala Lumpur

Type

Condominium

Price

RM684k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM684,000 positions this project competitively within the mid-range condominium segment, though without tenure details and completion timeline, true value assessment is constrained; comparable Cheras projects may offer similar price points.
  • **Location & Connectivity**: Cheras offers established residential infrastructure and accessibility via major roads, but the absence of nearby MRT connectivity limits public transport convenience compared to newer developments along the MRT corridor, potentially affecting long-term rental and resale appeal.
  • **Risk & Timing**: Missing critical project specifications (tenure, completion date, developer details) presents significant information gaps; buyers should exercise caution until these details are clarified, as ambiguity around timelines and land ownership structure increases investment risk and uncertainty.

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 PriceRM684,000
Kuala Lumpur MedianRM850,000
Priced 20% 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

RM2,300–3,100

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

5.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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
Icon Residence @ Mont Kiara

Mah Sing Group

Mont KiaraRM350kCompleted
sentul-point-suite-apartments @ KL

UOA Development Bhd

SentulRM360kCompleted
The Nobel Healthcare Park KL Wellness CityBukit JalilRM366kNew 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 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.

Levia Residence @ Cheras, Kuala Lumpur Property Report — Is It Worth Buying? | NewProjek | NewProjek