AKASA Cheras South
AKASA Cheras South by Hap Seng Land Development (Balakong) Sdn Bhd in Cheras South, Selangor. From RM 570,888, Freehold High-Rise Residential with 850-2,048 sqft layouts (2–4 bedrooms). Floor plans, distance to the nearest stations and sales gallery appointments on propertyportal.my.
AKASA Cheras South project information
| Developer | Hap Seng Land Development (Balakong) Sdn Bhd |
|---|---|
| Location | Jalan Balakong, Cheras South, 43300 Seri Kembangan, Selangor |
| Property type | High-Rise Residential |
| Tenure | Freehold |
| Land title | Commercial under HDA |
| Starting price | RM 570,888 |
| Price range | RM 570,888 – RM 1,207,888 |
| Price per sq ft | 672 |
| Built-up | 850-2,048 sqft |
| Bedrooms | 2–4 bedrooms |
| Total units | 998 |
| Blocks / floors | Tower A: 35 storeys, Tower B & C: 29 storeys floors |
| Maintenance fee | Approx RM0.33 per sqf + 10% sinking fund |
| Completion | Completed, 2021 |
AKASA Cheras South at a glance
- From price: RM 570,888 to RM 1,207,888
- Asking psf: RM 672 per sq ft
- Tenure: Freehold
- Completion: completed 2021
- Units: 998, 35 floors, 2–4 bedrooms
- Density: about 29 homes a floor (998 units ÷ 35 floors)
- Walk to rail: 31 min to KG31 Bukit Dukung (1.89 km straight-line, estimate)
AKASA Cheras South scorecard
Six sub-scores from 0 to 10, each with its formula and inputs. Data-based, not a recommendation; there is no overall total.
- Price vs area: not scored — Not enough data on record. Formula: 5 − (gap % ÷ 5), kept within 0–10. Gap = this project's lowest asking psf against the median lowest asking psf of the other new launches in the same locality (needs 2 or more). Parity = 5; every 5% cheaper adds a point.
- Rail access: 0.0 / 10 — 31 min to KG31 Bukit Dukung, 1.89 km straight-line (estimate). Formula: 10 − (walk minutes − 5) ÷ 2, kept within 0–10. Five minutes or less = 10; 25 minutes or more = 0. Walk = measured OpenStreetMap route where one exists, otherwise straight-line × 1.3 at 80 m a minute.
- Density: 1.7 / 10 — 998 units ÷ 35 floors = 28.5 a floor; 25 of 144 other projects pack more. Formula: 10 × share of the portal's projects that put more homes on each floor (units ÷ floors). Fewer homes per floor scores higher.
- Supply pressure in area: not scored — Not enough data on record. Formula: 10 × (1 − pipeline ÷ 50%), kept within 0–10. Pipeline = condominium/apartment units under construction plus planned, as a share of the units already standing (NAPIC stock table). 0% = 10; 50% or more = 0.
- Affordability vs district income: not scored — Not enough data on record. Formula: 10 − 1.5 × (years − 3), kept within 0–10. Years = entry price ÷ (median monthly household income × 12) for the district (DOSM). Three years or less = 10.
- Developer record: not scored — Not enough data on record. Formula: 10, minus 5 for each sick project, 10 for each abandoned project and 3 for each entry on the TEDUH offence list; minus 2 when TEDUH lists fewer than 2 projects (short record). Not scored until the developer is looked up on TEDUH.
Strengths
- Trains every 6 minutes at the weekday morning peak at Bukit Dukung station (GTFS Static, Prasarana via data.gov.my)
Watch-outs
- 31 min on foot to the nearest station, KG31 Bukit Dukung (OpenStreetMap)
- About 29 homes a floor (998 units over 35 floors)
Where the AKASA Cheras South asking price sits
Asking psf midpoint RM 672, below the Selangor new-launch median of RM 697 (60 projects on this site with an asking psf).
Getting around from AKASA Cheras South
| To | Rail, door to door | Car, no traffic |
|---|---|---|
| KL City Centre | 87 min: walk 31, wait 3, train 40, 2 changes, walk 4; Bukit Dukung to KLCC | 25 min |
| TRX | 69 min: walk 31, wait 3, train 32, walk 3; Bukit Dukung to Tun Razak Exchange | 28 min |
| Bangsar South | 97 min: walk 31, wait 3, train 53, 1 change, walk 6; Bukit Dukung to Kerinchi | 21 min |
| Mid Valley | 97 min: walk 31, wait 3, train 50, 1 change, walk 8; Bukit Dukung to Abdullah Hukum | 21 min |
| Cyberjaya | — | 27 min |
| Petaling Jaya SS2 | 123 min: walk 31, wait 3, train 63, 1 change, walk 21; Bukit Dukung to Taman Paramount | 28 min |
Nearest station: KG31 Bukit Dukung (Kajang Line); about 2,264 journeys start and 2,722 end there a day (30-day average); trains every 6 minutes at the weekday morning peak.
- Transit: KG31 Bukit Dukung (1.89 km), KG30 Batu 11 Cheras (2.75 km), KG29 Bandar Tun Hussein Onn (3.42 km)
- Schools: Sekolah Kebangsaan Taming Jaya (0.65 km), SMK Bandar Tun Hussein Onn (0.8 km), Sekolah Jenis Kebangsaan (Cina) Balakong (1 km)
- Shops: Amerin (0.33 km), 99 Speedmart (0.43 km), Econsave (1.21 km), AEON Mall Cheras Selatan (1.46 km), The Mines (3.98 km)
- Health: Klinik Kesihatan Balakong (0.83 km), Columbia Asia Hospital (1.14 km)
- Parks: Taman Cheras Prima (1.85 km), Green Suria Apartment Recreational Park (2.11 km)
Rail: GTFS Static and Rapid Rail ridership via data.gov.my, walk + half the peak wait + ride + 5 minutes a change. Car: OSRM on OpenStreetMap, no traffic. Places: OpenStreetMap, straight-line distance.
The market around AKASA Cheras South
- House price index (Selangor, high-rise): 213.0 in 2026 Q2 (preliminary), +0.9% on 2025 Q2 (NAPIC MHPI, 2010 = 100; covers the whole state)
AKASA Cheras South against the nearest alternatives
The closest projects in the same area or within 15% of the entry price, on the same facts and the same scorecard.
| Fact | AKASA Cheras South | Quaver Residence 5.8 km away, similar price | Trinity Nordic Residences 6.6 km away, similar price | Alamanda Heights 7.0 km away, similar price |
|---|---|---|---|---|
| From price | RM 570,888 | RM 555,000 | RM 588,888 | RM 565,000 |
| Asking psf | RM 672 | RM 525 | RM 628 | RM 565–680 |
| Built-up, sq ft | 850–2,048 | 1,023–1,851 | 937–2,014 | 971–1,050 |
| Tenure | Freehold | Leasehold | Freehold | Freehold |
| Completion | Completed 2021 | Under Construction 2027 | Under Construction 2029 | New Launch 2030 |
| Units · floors | 998 · Tower A: 35 storeys, Tower B & C: 29 storeys | 684 · Tower A: 31 levels, Tower B: 40 levels | 714 · Tower A: 27-Storey, Tower B: 29-Storey, Tower C: 29-Storey | 440 · 36 |
| Homes per floor | about 28.5 | about 17.1 | about 24.6 | about 12.2 |
| Walk to rail | 31 min (estimate), KG31 Bukit Dukung | 10 min, PY31 Serdang Raya Utara | 23 min, PY34 UPM | 26 min (estimate), PY31 Serdang Raya Utara |
| Price vs area /10 | — | — | — | — |
| Rail access /10 | 0.0 | 7.5 | 1.0 | 0.0 |
| Density /10 | 1.7 | 4.9 | 2.4 | 7.2 |
| Supply pressure in area /10 | — | 7.7 | 7.7 | 7.7 |
| Affordability vs district income /10 | — | 8.0 | 7.6 | 7.9 |
| Developer record /10 | — | — | — | — |
| Where it wins | largest layout (2,048 sq ft); earliest completion (2021) | lowest entry price (RM 555,000); lowest asking psf (from RM 525); shortest walk to rail (10 min) | — | fewest homes per floor (12.2) |
Who AKASA Cheras South suits
- Transit commuter: Weak match (0 of 3 checks) — – 31 min walk to KG31 Bukit Dukung; – Trains every 6 minutes at the morning peak; – 87 min door to door to KL City Centre by rail. Rule: Walk ≤ 10 min · peak train ≤ 5 min apart · rail to KL City Centre ≤ 35 min
- Own-stay family: Partial match (2 of 3 checks) — ✓ 3-bedroom layouts on the list (2–4); ✓ Largest layout 2,048 sq ft; – 0 schools listed within a 10-minute walk. Rule: A 3-bedroom layout on record · largest home ≥ 1,000 sq ft · a school within a 10-minute walk
- First-home buyer: Weak match (0 of 3 checks) — – District income not on record; – Smallest layout 850 sq ft, from RM 570,888; – Rail 31 min on foot. Rule: Entry price ≤ 5 years of district median income · smallest home ≤ 700 sq ft · walk to rail ≤ 10 min
- Rental investor: Weak match (0 of 3 checks) — – 31 min walk to rail; – No 1-bedroom layout on record; – Area supply not on record. Rule: Walk to rail ≤ 10 min · 1-bedroom layouts on record · incoming + planned supply < 20% of stock. Rental figures are not on record.
A match is a fit with the numbers, not advice to buy.
AKASA Cheras South: checked facts
Analysis built 2026-10-30 from the figures on this page and public data: NAPIC, DOSM via data.gov.my, KPKT TEDUH, GTFS Static and Rapid Rail ridership via data.gov.my, OpenStreetMap and OSRM. Asking prices are not valuations.
Can foreigners buy AKASA Cheras South?
The foreign-buyer minimum in Selangor is RM 3,000,000 per unit (the rule for commercial-title property, which covers this project; homes on residential strata title need RM2,000,000 in Zones 1 and 2). AKASA Cheras South is listed at RM 570,888 – RM 1,207,888, below that minimum on the prices on record. Price is only the first test: every foreign purchase needs State Authority approval.
Costs on top of the AKASA Cheras South price
| Item | On the RM 570,888 starting price |
|---|---|
| Transfer stamp duty, Malaysian buyer | RM 11,127 (1% on the first RM100,000, 2% up to RM500,000, 3% up to RM1,000,000, 4% above). |
| Transfer stamp duty, foreign buyer | 8% flat; no listed unit reaches the RM 3,000,000 foreign-buyer minimum (flat 8% on residential property from 1 January 2026, for non-citizens and foreign companies; permanent residents pay the Malaysian rate) |
| Loan agreement stamp duty | 0.5% of your loan |
| Legal fees | Bought from a licensed developer: 65% of the standard scale at this price (standard: 1.25% on the first RM500,000, 1% on the next RM7,000,000), a share fixed by Table B of the Solicitors' Remuneration Order 2023; plus 8% service tax |
AKASA Cheras South compared with other Selangor projects
This site has no other priced project in the same area, so the table lists the Selangor projects on this site whose starting price is closest to AKASA Cheras South's. Projects outside the area sit in different neighbourhoods, so location, access and surroundings will differ.
Among these 6 projects, AKASA Cheras South has the 2nd lowest entry price per sq ft, at RM 672.
| Project | Starting price | Entry price per sq ft | Sizes (sq ft) | Completion |
|---|---|---|---|---|
| AKASA Cheras South | RM 570,888 | RM 672 | 850–2,048 | 2021 |
| Amara | RM 574,200 | RM 877 | 655–1,272 | Q4 2028 |
| Alamanda Heights | RM 565,000 | RM 582 | 971–1,050 | 2030 |
| Mosaic | RM 577,000 | RM 1,036 | 557–1,509 | Q2 2029 |
| The Atera | RM 580,000 | RM 748 | 775–1,400 | Q2 2028 |
| Amaya | RM 561,000 | RM 1,041 | 539–1,230 | Q1 2028 |
Entry price per sq ft = starting price ÷ built-up of the smallest layout; bigger layouts and higher floors give other figures.
Frequently asked questions about AKASA Cheras South
How much is AKASA Cheras South?
List prices run RM 570,888–RM 1,207,888, roughly RM 672 per sq ft. A new release can carry different prices, so the latest price list is the one that counts.
What tenure and land title does AKASA Cheras South have?
Freehold, Commercial title, sold under the Housing Development Act. Developer: Hap Seng Land Development (Balakong) Sdn Bhd.
Which unit sizes does AKASA Cheras South offer?
850–2,048 sq ft, 2–4 bedrooms.
How many homes are in AKASA Cheras South?
998 units.
When is AKASA Cheras South due for completion?
It was completed in 2021.
What will maintenance cost at AKASA Cheras South?
Expected to be about RM0.33 per sq ft a month, with the sinking fund charged on top.
How do I get the AKASA Cheras South price list and floor plans?
Message Yee Woei Shyan (REN 46305, IQI Realty Sdn Bhd) on WhatsApp at +60 10-827 8932; the current price list, floor plans and a sales gallery slot are sent there.
Enquiries and sales gallery appointments: Yee Woei Shyan, REN 46305, IQI Realty Sdn Bhd. WhatsApp +60 10-827 8932.
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