Akasa, Balakong, Selangor

Akasa (also known as Akasa @ Cheras South) is a freehold integrated office, residential & retail hub located in Balakong, Selangor. There are 998 condominium units available at this project with built-up from 850 sf to 1,500 sf for condominium units. It was developed by Hap Seng Land Sdn Bhd with a launch price of around RM560 psf for condominium units, and was completed about 2021.

Hap Seng Land Sdn Bhd is a mid-sized real estate organization held privately, and it has undertaken around 16 real estate projects in Malaysia. Other similar projects by the same developer are Andana, Aria, Bandar Sri Indah, D'Alpinia, Kingfisher Park, Kingfisher Sulaman, Menara Hap Seng, Menara Hap Seng 3, Nadi and The Horizon Residences.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
850 sf - 1,500 sf (Condominium)
Market Price
RM480,000 - RM870,000 (Condominium)
Density
998 Condominiums
Completed In
2021
Launch Price
RM560 psf (Condominium)

The only amenities nearby this integrated office, residential & retail hub are some schools. Some of the schools here are Raudhah Islamic School, SK Taming Jaya and SR Islam Al Hidayah.

The current rental yield of Akasa is 4.12% for condominium units. The highest rental yield ever recorded was 4.12% in Q4 2021 (condominium); while the lowest one was 3.93% in Q3 2021 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Akasa for condominium units is 2-bedroom / 850 sf with a median price of RM560 psf. For price wise, the most expensive one is 4-bedroom / 1,421 sf with a median price of RM610 psf; while the cheapest one is 4-bedroom / 1,500 sf with a median price of RM550 psf.

Latest Akasa for sale listings:

DateTypeBuilt-upPrice
TodayCondominium-NA-RM640,000
17 Dec 2021Condominium1,155 sfRM680,000
8 Dec 2021Condominium1,000 sfRM594,799
5 Dec 2021Condominium1,500 sfRM831,499
5 Dec 2021Condominium1,155 sfRM699,000
5 Dec 2021Condominium1,000 sfRM601,000
5 Dec 2021Condominium850 sfRM499,000
4 Dec 2021Condominium1,155 sfRM680,000
3 Dec 2021Condominium850 sfRM467,000
2 Dec 2021Condominium1,155 sfRM680,000

Latest Akasa for rent listings:

DateTypeBuilt-upRental
TodayMaster Room-NA-RM1,000
TodayMedium Room-NA-RM800
TodayMedium Room-NA-RM700
TodaySingle Room-NA-RM600
TodayCondominium850 sfRM1,200
TodayCondominium1,000 sfRM1,600
YesterdayShop-Office1,582 sfRM2,400
YesterdayShop-Office1,389 sfRM4,500
28 Dec 2021Office2,174 sfRM3,300
18 Dec 2021Condominium850 sfRM1,400
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