Nexus Taman Pertama @ Cheras, Kuala Lumpur
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Cheras, Kuala Lumpur
Type
Serviced Apartment
Price
RM416k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Unit prices from RM416,000 position this project as mid-range for Kuala Lumpur serviced apartments, offering reasonable entry-level accessibility, though value proposition depends on final built-up areas and amenity offerings relative to comparable developments in the Cheras corridor.
- •**Location & Connectivity**: Cheras provides established residential infrastructure and accessibility via major roads, but the absence of nearby MRT connectivity is a notable limitation in an era of prioritized public transport investment, potentially affecting long-term demand compared to developments along the Klang Valley transport network.
- •**Risk & Timing**: The lack of specified completion timeline introduces execution and delivery uncertainty; investors should seek clarification on project phases and launch dates, as delays in property completion are not uncommon in Malaysia and directly impact rental income and capital appreciation timelines.
NewProjek Score
8
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM1,400–1,900
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
3.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
| M Luna Mah Sing Group | Kepong | RM295k | Completed |
Why Consider
- • Established Cheras location with excellent commercial and amenities connectivity
- • Freehold tenure provides long-term ownership security and asset value
- • Competitively priced serviced apartment in high-demand Kuala Lumpur area
- • Strategic position near major transport routes and business hubs
- • Strong rental potential in vibrant residential and commercial district
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.