SkyAman1 Residences @ Desa Aman, Cheras
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SkyWorld Development
Location
KL City Centre, Kuala Lumpur
Type
Condominium
Price
RM700k+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM700,000 entry price, the project offers mid-range pricing for the Cheras locality, though the value proposition requires comparison with competing developments in the same micro-market to assess competitiveness relative to built-up area, finishes, and amenities.
- •**Location & Connectivity**: Desa Aman's proximity to KL City Centre provides moderate accessibility; however, the absence of direct MRT connectivity is a notable limitation, with reliance on buses and personal transport potentially affecting long-term appeal and rental demand compared to MRT-adjacent competitors.
- •**Risk & Timing**: The unspecified completion date presents execution risk and prevents accurate assessment of holding costs and market cycle positioning; combined with leasehold tenure (depreciating asset structure), prospective buyers should clarify timelines and developer track record before commitment.
NewProjek Score
7.3
Worth Considering
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • 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
RM2,400–3,200
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
5.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 |
|---|---|---|---|
| sentul-point-suite-apartments @ KL UOA Development Bhd | Sentul | RM360k | Completed |
| The Nobel Healthcare Park KL Wellness City | Bukit Jalil | RM366k | New Launch |
| Astana At Bamboo Hills by UOA UOA Development Bhd | Sentul | RM370k | Under Construction |
Why Consider
- • Prime KL City Centre location with excellent urban connectivity
- • Competitive RM700,000 price point for centralized condominium living
- • SkyWorld Development's established reputation ensures quality construction standards
- • Desa Aman's established neighbourhood offers stable property appreciation potential
- • Urban lifestyle with proximity to shopping, dining, amenities
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.