SkyAman1 Residences @ Desa Aman, Cheras
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SkyWorld Development
Location
KL City Centre, Kuala Lumpur
Type
Condominium
Price
RM700k+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: RM700,000 entry price positions this project in the mid-range segment for KL City Centre condominiums; competitiveness depends on unit size and finishes, though pricing appears reasonable relative to central location, though lacks comparison with similar nearby developments.
- •**Location & Connectivity**: Desa Aman in Cheras offers established residential accessibility with proximity to KL City Centre; however, the absence of nearby MRT connectivity is a material drawback, requiring reliance on private transport or buses, which may limit appeal to buyers prioritizing public transit access.
- •**Risk & Timing**: Completion timeline is unspecified, presenting uncertainty for investors and end-users; combined with leasehold tenure (typically 99 years in Malaysia) and SkyWorld Development's track record needing verification, due diligence on developer credibility and realistic delivery schedules is essential 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
5.7x
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
RM10,234/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 |
|---|---|---|---|
| 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
- • 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
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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.