Damai Bakti, Alam Damai, Cheras

Damai Bakti is a leasehold landed housing estate located in Alam Damai, Cheras.The built-up available at this project is 1,650 sf. It was developed by I&P Group (aka Island & Peninsular) with a launch price at around RM161 psf.

I&P Group (aka Island & Peninsular) is a very big-sized real estate group, and it has constructed around 107 real estate projects in Malaysia. Other similar projects by the same developer are Canting, Damai Budi, Damai Jasa, Damai Murni, Damai Rasa, Laman Bakawali, Nukilan 3, Pentas, Puncak Setiawangsa and Tari.

Property Type
Landed Housing
Land Tenure
1,650 sf
Market Price
Completed In
Launch Price
About RM161 psf

The only amenities nearby this landed housing estate are some schools. Few of the schools here are SK Alam Damai, SMK Alam Damai, SRA Al Mubarakah, SRA Al Mukhlisin and Sekolah Islam Integrasi Tahfiz As Syakirin.

The current market prices for Damai Bakti are from RM730,000 (about RM440 psf); while the monthly rentals are from RM1,600 to RM2,000 (about RM0.98 psf). The highest median price psf ever recorded was RM515 psf in Q1 2017; while the lowest one was RM212 psf in Q3 2011.

The current rental yield of Damai Bakti is around 3.09%. The highest rental yield ever recorded was 3.09% in Q2 2019; while the lowest one was 2.76% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Damai Bakti for sale listings:

19-Mar-19Terrace1,400 sfRM690,000
10-Feb-19Terrace1,850 sfRM680,000

Latest Damai Bakti for rent listings:

14-Feb-19Terrace2,700 sfRM1,900
13-Feb-19Terrace1,800 sfRM1,900

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