Nexus Taman Pertama @ Cheras, Kuala Lumpur
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Cheras, Kuala Lumpur
Type
Serviced Apartment
Price
RM416k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Unit prices starting from RM416,000 are competitive for serviced apartments in the Cheras corridor, though without completion timelines clearly specified, cost escalation risks during construction warrant careful review of the sales and purchase agreement terms.
- •**Location & Connectivity**: Cheras offers established residential infrastructure and accessibility via major roads (Federal Highway, Jalan Cheras), though the absence of nearby MRT connectivity limits appeal compared to transit-oriented developments and may impact long-term rental yields and capital appreciation.
- •**Risk & Timing**: The lack of a specified completion date presents uncertainty for investors requiring definite occupancy timelines; developers should clarify construction milestones, as delays in this market segment can affect both owner occupation plans and investment returns.
NewProjek Score
7.5
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
3.4x
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 |
|---|---|---|---|
| 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 | Recently Completed |
Why Consider
- • Established Cheras location with mature amenities and infrastructure
- • Freehold tenure ensures long-term ownership and asset value
- • Competitive RM416,000 pricing for Kuala Lumpur serviced apartment
- • Strategic position near major commercial and residential hubs
- • Strong rental potential in popular inner-city neighbourhood
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.