Alam Damai, Cheras
I&P Group (aka Island & Peninsular) is a very big-scale property development group, and it has built about 96 property projects in Malaysia. Other similar projects by the same developer are Alam Impian, BK6, Kota Bayuemas, Kota Seriemas, Sri Petaling and Taman Setiawangsa.
This town has many amenities nearby, e.g. universities, schools and metro transport stations. The following are some universities here:
- UCSI University
- UCSI University Block E
- UCSI University KL Campus
As for schools, there are SK Seri Anggerik and Sekolah Islam Integrasi Tahfiz As Syakirin.
The current market prices for Alam Damai are from RM830,000 to RM860,000 (about RM500 psf) for houses; while the monthly rentals are from RM1,400 to RM2,000 (about RM0.85 psf) for houses. The highest median price psf ever recorded was RM550 psf in Q2 2015 (House); while the lowest one was RM242 psf in Q1 2010 (House).
The current rental yield of Alam Damai is 2.5% for houses. The highest rental yield ever recorded was 4.09% in Q1 2017 (House); while the lowest one was 2.08% in Q2 2016 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Alam Damai for houses is 4-bedroom / 1,650 sf with a median price of RM500 psf. For price wise, the most expensive one is 4-bedroom / 1,650 sf with a median price of RM500 psf; while the cheapest one is 4-bedroom / 2,100 sf with a median price of RM400 psf.
Latest Alam Damai for sale listings:
Latest Alam Damai for rent listings: