Property Review

Levia Residence @ Cheras, Kuala Lumpur

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Cheras, Kuala Lumpur

Type

Condominium

Price

RM684k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing from RM684,000 is competitive for the Klang Valley market and attracts first-time buyers, though unit specifications and developer track record should be verified to confirm value proposition relative to comparable projects in the vicinity.
  • **Location & Connectivity**: Cheras location offers established residential infrastructure and accessibility via major roads, but the absence of nearby MRT connectivity is a notable limitation for long-term capital appreciation and appeal to commuters relying on public transport.
  • **Risk & Timing**: Key project risks include unspecified tenure and completion timeline, which are critical details for investment decisions; buyers should obtain clarification on these fundamentals before commitment, as delayed launches or unclear freehold/leasehold status could impact returns and liquidity.

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 (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

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%

NAPIC 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
M Azura

Mah Sing Group

SetapakRM381kUnder Construction
SkyAwani PRIMA Residences, Serviced Apartment @ Brickfields, Kuala Lumpur

SkyWorld Development

BrickfieldsRM390kNew Launch
M Adora

Mah Sing Group

Wangsa MelawatiRM398kCompleted
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.