Alam Damai, Cheras
Alam Damai is a leasehold town located in Cheras, Kuala Lumpur. It is a substantial residential area which population mainly comprises of Malay and is located in between of Taman Connaught and Taman Len Seng. One will generally enjoy a peaceful and quiet environment, as it is situated on a foothill. Nevertheless, there are also attractions here which appeal to its residents such as the large Alam Damai recreational park within its confine.
The built-up available in this town is 1,650 sf to 2,200 sf for houses. It was developed by I&P Group (aka Island & Peninsular).
I&P Group (aka Island & Peninsular) is a very big-scale property development group, and it has built about 110 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 College
- UCSI College KL Campus
- UCSI University
- UCSI University Block A
- 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 rental yield of Alam Damai is 2.58% for houses. The highest rental yield ever recorded was 3.77% in Q2 2017 (House); while the lowest one was 2.18% in Q3 2019 (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 / 2,100 sf with a median price of RM490 psf. For price wise, the most expensive one is 4-bedroom / 1,650 sf with a median price of RM520 psf; while the cheapest one is 4-bedroom / 2,000 sf with a median price of RM450 psf.
Latest Alam Damai for sale listings:
|01-Apr-20||Low-Cost Flat||700 sf||RM165,000|
Latest Alam Damai for rent listings:
|15-Mar-20||Low-Cost Flat||662 sf||RM1,200|