Property Review

LSH Segar

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Location

Cheras, Kuala Lumpur

Type

Condominium

Price

RM567k+

Tenure

Leasehold

Completion

2025

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM567,000 offers accessibility for first-time buyers, though comparative analysis with similar Cheras condominiums is recommended to confirm competitive positioning within the mid-range segment.
  • **Location & Connectivity**: Cheras location provides established residential infrastructure and road connectivity, but absence of proximate MRT access may limit appeal to transit-dependent occupants and could impact medium-term appreciation relative to MRT-served areas.
  • **Risk & Timing**: 2025 completion timeline presents moderate execution risk typical of ongoing projects; leasehold tenure with unspecified lease length warrants clarification as it directly affects long-term asset value and financing eligibility.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM567,000
Kuala Lumpur MedianRM850,000
Priced 33% 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

RM1,900–2,600

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

4.4x

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

RM10,802/mo

DOSM 2024

Mean Household Income

RM13,985/mo

DOSM 2024

Households Above RM8k

~61%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
M Luna

Mah Sing Group

KepongRM295kCompleted
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Ria Bangsar South

Malton Berhad

Bangsar SouthRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Strategic Cheras location with established commercial and residential infrastructure
  • Affordable entry price at RM567,000 for Kuala Lumpur condo
  • Completion 2025 offers near-term possession and rental potential
  • Strong appreciation potential in continuously developing Cheras corridor
  • Accessible to major highways and shopping centres nearby

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.