Property Review

SkyAman1 Residences @ Desa Aman, Cheras

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
Executive Summary

Developer

SkyWorld Development

Location

KL City Centre, Kuala Lumpur

Type

Condominium

Price

RM700k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: The RM700,000 entry price is competitive for a Cheras-based condominium, though mid-to-high density development in this corridor means buyers should verify unit sizes and facilities against comparable projects to assess value proposition objectively.
  • **Location & Connectivity**: Desa Aman's proximity to KL City Centre offers good accessibility via major roads (Federal Highway, Middle Ring Road 2), though the absence of nearby MRT connectivity may limit long-term public transport convenience compared to newer developments along the LRT/MRT network.
  • **Risk & Timing**: The non-specified completion timeline presents a material risk for investors seeking clarity on ROI timelines and rental yield commencement; buyers should request detailed delivery schedules and clarify whether this reflects developer uncertainty or typical marketing practice for the project phase.

NewProjek Score

7.3

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM700,000
Kuala Lumpur MedianRM850,000
Priced 18% below area median

W.P. Kuala Lumpur — Median Condo Prices (NAPIC)

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

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%

NAPIC data 2021–2025

Price-to-Income

5.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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 Azura

Mah Sing Group

SetapakRM381kUnder Construction
SkyAwani PRIMA Residences, Serviced Apartment @ Brickfields, Kuala Lumpur

SkyWorld Development

BrickfieldsRM390kNew Launch
M Adora

Mah Sing Group

Wangsa MelawatiRM398kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in KL City Centre, Kuala Lumpur
  • Leasehold title property
  • By SkyWorld Development

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
🔒

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 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.