Nexus Taman Pertama @ Cheras, Kuala Lumpur
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Cheras, Kuala Lumpur
Type
Serviced Apartment
Price
RM416k+
Tenure
Freehold
Completion
—
NewProjek Verdict
Nexus Taman Pertama @ Cheras presents a competitively priced entry-level serviced apartment option with the advantage of freehold tenure, making it suitable for first-time buyers or investors seeking long-term asset appreciation. However, the lack of nearby MRT connectivity is a significant drawback that may limit tenant appeal and future value growth, particularly as Kuala Lumpur's public transportation network continues to expand. The absence of a specified completion date raises concerns about project timeline certainty and should be clarified with the developer before commitment.
- • 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 (NAPIC)
| 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%
NAPIC data 2021–2025
Price-to-Income
3.4x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| M Luna Mah Sing Group | Kepong | RM295k | Under Construction |
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur | Setapak | RM300k | New Launch |
| M Nova @ Kepong | Mah Sing | Kepong | RM318k | New Launch |
✅ Why Consider
- • Located in Cheras, Kuala Lumpur
- • Freehold title property
- • By Developer
⚠️ Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
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.