Property Review

LSH Segar

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Location

Cheras, Kuala Lumpur

Type

Condominium

Price

RM567k+

Tenure

Completion

2025

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM567,000 offers accessibility for first-time buyers, though competitiveness depends on unit size, finishes, and amenities relative to comparable Cheras developments; lack of tenure clarity is a significant gap requiring clarification.
  • **Location & Connectivity**: Cheras provides established residential infrastructure and accessibility via major roads, but the absence of nearby MRT connectivity limits long-term transit appeal compared to newer developments along rapid transit corridors, potentially affecting future resale demand.
  • **Risk & Timing**: 2025 completion represents moderate near-term delivery risk; the unspecified developer profile warrants due diligence on track record and financial stability, and buyer sentiment toward the Cheras market may shift depending on broader KL property cycles before handover.

NewProjek Score

6.7

Moderate

  • Developer verification status not confirmed
  • 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

4.6x

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
Ria Bangsar SouthBangsar SouthRM300kNew Launch
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Cheras, Kuala Lumpur
  • By Developer
  • Completion expected 2025

Risk Factors

  • Under construction — completion delays are possible
  • 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.