Jason Lim · Johor Bahru property advisor

10 years in Malaysian property · Jason Lim, REN 84424 · Bahasa Melayu · 中文版 · Bahasa Indonesia

Kuala Lumpur · Area guide

Cheras property

A large, established district south-east of the city centre, with newer condominiums along the MRT Kajang line at prices Malaysian families can reach.

The numbers

Prices and rents in Cheras

One line per project, as cited on its page: recorded transactions where published, otherwise asking prices, with the source and date.

ProjectTenureCompletedPriceRent
M VerticaLeasehold2022RM747 psf (down about 6.6%)
iProperty, viewed 2 Oct 2026
RM2,100–4,300 a month
PropertyGuru listings, 2 Oct 2026
Pertama ResidencyLeasehold2009RM481 psf (middle range RM456–587 psf), last 48 months
EdgeProp project page, Oct 2026
RM1,600 – RM1,800 a month (4 listings)
PropertyGuru listings, Oct 2026
Trion @ KLFreehold2021–2023RM718 psf (middle range RM655–778 psf), last 48 months
EdgeProp project page, Oct 2026
RM2,200 – RM2,400 (1 bed), RM2,450 – RM3,500 (2 bed) a month
PropertyGuru listings, Sep–Oct 2026
V Residence 2 @ Sunway VelocityFreehold2018RM950 psf, 1,087 sq ft unit, Aug 2024
EdgeProp, viewed Oct 2026
About RM1,900 – RM6,800 a month
PropertyGuru listings, Oct 2026

Figures and sources as shown on each project page, checked October 2026. Asking prices are what owners want, not what units sold for.

Living here

What to know about Cheras

Getting around

MRT Kajang line stations including Cochrane, Maluri and Taman Connaught; Chan Sow Lin is an interchange with the LRT Sri Petaling line and the MRT Putrajaya line.

Everyday life

MyTOWN, IKEA Cheras, Sunway Velocity and AEON Taman Maluri.

Before you buy

Most units here sell below Kuala Lumpur’s RM1 million minimum for foreign buyers, so the resale market is mainly local. Price for local buyers when you plan your exit.

Foreign buyers

The Kuala Lumpur rules that apply in Cheras

Minimum price: RM1 million

Foreign buyers may buy residential property in Kuala Lumpur only at RM1 million or more, and not low-cost, affordable or Bumiputera-quota units.

State consent from PTGWP

Every purchase by a foreigner needs consent from the Federal Territories Land and Mines Office (Pejabat Tanah dan Galian Wilayah Persekutuan), applied for through your lawyer.

8% stamp duty on homes from 1 January 2026

Federal rule: transfers of residential property to non-citizens and foreign companies (not permanent residents) pay a flat 8% stamp duty.

Summary of the state rules on the Kuala Lumpur property page. Confirm the current position with your lawyer. See also Can a foreigner buy it?

Straight answers

Frequently asked questions

Which projects in Cheras are freehold?

On this site: Trion @ KL, V Residence 2 @ Sunway Velocity. For the others, the title is leasehold or not confirmed; check the tenure and the years remaining on the title before you buy.

Can a foreigner buy property in Cheras?

Yes, subject to the Kuala Lumpur rules: Minimum price: RM1 million; State consent from PTGWP. State consent is needed and stamp duty for foreigners buying a home is 8% from 1 January 2026.

What do units in Cheras rent for?

Examples from the project pages: M Vertica: RM2,100–4,300 a month (PropertyGuru listings, 2 Oct 2026); Pertama Residency: RM1,600 – RM1,800 a month (4 listings) (PropertyGuru listings, Oct 2026); Trion @ KL: RM2,200 – RM2,400 (1 bed), RM2,450 – RM3,500 (2 bed) a month (PropertyGuru listings, Sep–Oct 2026); V Residence 2 @ Sunway Velocity: About RM1,900 – RM6,800 a month (PropertyGuru listings, Oct 2026).

Can you find me a unit in Cheras?

Yes. Send me your budget, size and timing on WhatsApp and I will shortlist units across the IQI network, with recorded prices for each building.

Looking in Cheras?

Tell me your budget, size and timing. I will send a shortlist with recorded prices and rents for each building.