Alam Damai, Cheras

Alam Damai is a leasehold town that is located in Cheras, Kuala Lumpur. It is a well-established neighborhood in Kuala Lumpur known mainly for its residential makeup. Majority of its inhabitants consist of Malay families, thereby contributing to a strong Malay presence in the area. Currently one of its strongest aspects is its picturesque hillside location. With the area being placed on the foothills, its residents are able to enjoy a quiet and peaceful ambiance. Additionally, the community is home to a big recreational park, known as Alam Damai Recreational Park. This park serves as the go-to destination for most residents with its assorted amenities which include sports facilities, picnic spots and jogging tracks.

The built-up available in this town is 1,650 sf to 5,000 sf for houses. It was developed by I&P Group (aka Island & Peninsular).

I&P Group (aka Island & Peninsular) is a gigantic 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.

Property Type
Town
Land Tenure
Leasehold
Built-up
1,650 sf - 5,000 sf (House)
Market Price
RM720,000 - RM2,550,000 (House)
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

This town has some amenities nearby, e.g. schools, universities and transit stations. The following are some of the major schools here:

As for universities, there are UCSI College and UCSI University.

The current rental yield of Alam Damai is 2.82% for houses. The highest rental yield ever recorded was 3.67% in Q3 2019 (house); while the lowest one was 2.08% in Q4 2017 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Alam Damai for houses is 4-bedroom / 2,000 sf with a median price of RM480 psf. For price wise, the most expensive one is 5-bedroom / 3,000 sf with a median price of RM520 psf; while the cheapest one is 5-bedroom / 2,500 sf with a median price of RM300 psf.

Latest Alam Damai sale listings:

DateProperty TypeBuilt-upPrice
13 May 2023Condominium990 sfRM297,000
28 Mar 2023Terrace2,560 sfRM1,698,000
21 Mar 2023Semi-Detached4,500 sfRM1,580,000
18 Mar 2023Terrace-NA-RM1,215,000
15 Mar 2023Terrace-NA-RM810,000
2 Mar 2023Terrace2,000 sfRM1,180,000
7 Mar 2023Terrace3,197 sfRM1,215,000
15 Feb 2023Terrace-NA-RM1,215,000
2 Feb 2023Terrace-NA-RM830,000
28 Jan 2023Condominium990 sfRM330,000

Latest Alam Damai rental listings:

DateProperty TypeBuilt-upRental
5 May 2023Apartment893 sfRM1,900
20 Feb 2023Retail1,200 sfRM4,500
21 Jan 2022Low-Cost Flat900 sfRM700
21 Jan 2022Low-Cost Flat665 sfRM700
21 Jan 2022Room-NA-RM500
21 Jan 2022House Room-NA-RM400
19 Jan 2022Room-NA-RM400
15 Jan 2022Low-Cost Flat650 sfRM600
6 Jan 2022Apartment Room-NA-RM260
4 Jan 2022Apartment Room-NA-RM300
1 user comments on Alam Damai

This apartment has good management and security with a quiet environment.

hi. boleh tahu tak management number ?? tqq