Completed freehold homes from 850 sq ft, with a sandy beach pool
AKASA Cheras South, Jalan Balakong
AKASA Cheras South @ Jalan Balakong, Seri Kembangan, Selangor
Jalan Balakong, Cheras South, Selangor
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Project Details
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Development
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AKASA Cheras South @ Jalan Balakong, Seri Kembangan, Selangor
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Developer
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Hap Seng Land Development (Balakong) Sdn Bhd
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Land Title
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Commercial title under the Housing Development Act
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Land Area
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9.65 acres (apartments 5.45 acres, commercial 4.2 acres)
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Tenure
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Freehold
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No. of Towers
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3 Towers
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Total Units
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998 Units
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Total Floors
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Tower A: 35; Towers B and C: 29
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Total Unit Per Floor
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Tower A: 22; Towers B and C: 9
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Lifts Per Floor
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Tower A: 5 + 1 service lift; Towers B and C: 2 + 1 service lift each
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Unit Size
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Type A | 850 sq.ft. | 2 Bedroom
Type B | 1,000 sq.ft. | 3 Bedroom Type C | 1,155 sq.ft. | 3 Bedroom Type F | 1,421 sq.ft. | 4 Bedroom Type D | 1,500 sq.ft. | 4 Bedroom (Dual-Key) Type G | 2,000 sq.ft. | 4 Bedroom Type E | 2,048 sq.ft. | 4 Bedroom |
What You Get at AKASA Cheras South
Ready to Inspect
The project was completed in 2021, so you can walk the corridors, check the view from your floor and look at a real unit before you decide, instead of buying from a brochure.
Quieter Towers B and C
Towers B and C have only 9 units on each floor, sharing 2 lifts plus a service lift. Tower A is busier, with 22 units a floor served by 5 lifts plus a service lift.
Two to Four Bedrooms
An 850 sq ft two-bedroom, three-bedroom types of 1,000 and 1,155 sq ft, and four-bedroom types of 1,421 to 2,048 sq ft, including a 1,500 sq ft dual-key layout.
Sandy Beach Pool on Level 7
Level 7 has a man-made sandy beach with leisure and wading pools, an Olympic-length lap pool, gym, martial arts room, steam room, jogging track, multipurpose hall, laundry and surau.
Rooftop Lounges
The Tower A roof on Level 36 has a sky lounge, gourmet kitchen, private dining atrium and games lounge; the Level 29 roofs of Towers B and C have badminton courts, a music chamber and a star-gazing deck.
Two or Three Car Parks
Every unit comes with two or three car parks. The maintenance fee is approximately RM0.33 psf plus a 10% sinking fund, and a resident shuttle runs to nearby MRT and KTM stations.
AKASA Cheras South Layout Plans
Jalan Balakong, Cheras South
Ask About AKASA Cheras South
Nearest train stations, measured
- KG31 Bukit Dukung — about 1.9 km
- KG30 Batu 11 Cheras — about 2.7 km
Straight-line distance from AKASA Cheras South @ Jalan Balakong, Seri Kembangan, Selangor to each station on OpenStreetMap. The walk is always a little longer.
What AKASA Cheras South @ Jalan Balakong, Seri Kembangan, Selangor costs to own
Worked from the published figures on this page.
| Starting price | RM570,888 |
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| Roughly per square foot, at the smallest layout | RM672 |
| Stamp duty on the transfer, Malaysian buyer | RM11,127 |
| Stamp duty on the transfer, foreign buyer (flat 8%) | RM45,671 |
| Stamp duty on the loan agreement | 0.5% of your loan amount |
Transfer stamp duty for a Malaysian buyer is 1% on the first RM100,000, 2% on the next RM400,000, 3% on the next RM500,000 and 4% above RM1 million. Foreign individuals and companies pay a flat 8% from 1 January 2026.
How dense it is
| Units per floor | Tower A: 22; Towers B and C: 9 |
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Who it suits
- Buyers who need more room. The larger layouts reach 2,048 sq ft.
- Anyone who needs to move soon. It is completed, so you can view the actual unit and the finished common areas before committing.
- Malaysian buyers only. Foreign buyers cannot buy here: it is on a commercial title, Selangor sets RM3,000,000 as the minimum for a foreign buyer of a commercial-title building, and no unit here reaches it.
What to confirm before you sign
- The service charge per square foot. It is the cost you carry every month for as long as you own, and it varies several times over between buildings.
- Car park allocation in writing. Some city projects allocate none; you rent a bay monthly instead.
- It sits on a Commercial title under the Housing Development Act. That changes utility tariffs and assessment rates compared with a residential title — ask for the figures before you budget.
Prices are gross and change with unit and floor. Last checked .
Holding AKASA Cheras South month to month
For the starting-price unit of AKASA Cheras South, at RM570,888, a 90% loan of RM513,799 repaid over 35 years at 4% a year, my example rate, costs about RM2,275 a month. The entry unit here, 850 sq ft, carries a service charge of about RM281 a month, and the sinking fund adds RM28. Budget roughly RM2,584 a month, not yet counting assessment tax or quit rent.
Tell me which unit you are considering on WhatsApp, +60 17-880 2526, and I will work it out for that unit.
The 4% is an example rate rather than a quote, and what you sign for is priced unit by unit and floor by floor. For a different loan, scale it up or down with the table below.
Your monthly bill in parts
| Part | Each month | Where it comes from |
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| Instalment on a 90% loan of RM513,799 | RM2,275 | 90% of RM570,888, 35 years at 4% a year |
| Service charge | RM281 | RM0.33 on each of 850 square feet |
| Sinking fund | RM28 | 10% of the service charge, the legal minimum |
| Assessment tax | Two bills a year | Your local council sets it on the annual value |
| Quit rent | One bill a year | Due every 1 January |
| Total a month | RM2,584 | Instalment, service charge and sinking fund |
Work out your own instalment
The bank's formula is monthly payment = P × r ÷ [1 − (1 + r)−n]. P is the amount borrowed, r is the yearly rate ÷ 12, and n is the number of monthly payments: 420 over 35 years.
Most new home loans float. The rate is the Standardised Base Rate (SBR) plus a spread the bank sets for you, and the SBR tracks the Overnight Policy Rate, which Bank Negara has held at 2.75% from 9 July 2025. At 4.5% instead of 4%, that RM513,799 loan costs about RM157 more a month, and a 30-year term instead of 35 adds about RM178. If this would be your third or later home loan, the bank can lend at most 70% of the property's value.
| For each RM100,000, at a rate of | Repaid over 35 years | Repaid over 30 years |
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| 4.0% a year | RM443 a month | RM477 a month |
| 4.5% a year | RM473 a month | RM507 a month |
| 5.0% a year | RM505 a month | RM537 a month |
For a RM650,000 loan at 4% over 35 years, take 6.5 × RM443: about RM2,880 a month.
Service charge and sinking fund
The service charge at AKASA Cheras South is about RM0.33 a month for each square foot, and the sinking fund is billed on top of it. Under the Strata Management Act 2013, the sinking fund is at least 10% of the service charge and is kept for major repairs.
Across the 125 high-rise projects I track, the middle figure is RM0.40 per sq ft (sinking fund added before comparing). AKASA Cheras South sits below it, about RM31 a month less on the smallest unit than a building charging the middle figure.
Frequently asked questions
Where is AKASA Cheras South?
AKASA Cheras South is in Jalan Balakong, Cheras South, Selangor.
Is AKASA Cheras South freehold or leasehold?
AKASA Cheras South is freehold. Land title: Commercial title under the Housing Development Act.
How much does a unit at AKASA Cheras South cost?
Prices start from RM570,888 (gross) and vary with the unit type, floor and facing.
What layouts are available at AKASA Cheras South?
Sizes range from 850 to 2,048 sq ft, with 2 to 4 bedrooms.
How many units are there at AKASA Cheras South?
998 units in 3 towers. Floors: Tower A: 35; Towers B and C: 29.
Who is the developer of AKASA Cheras South?
AKASA Cheras South is developed by Hap Seng Land Development (Balakong) Sdn Bhd.
When will AKASA Cheras South be completed?
AKASA Cheras South was completed in 2021, so you can view it on site today.
Can a foreigner buy at AKASA Cheras South?
No. Foreign buyers cannot buy here: AKASA Cheras South is on a commercial title, Selangor sets RM3,000,000 as the minimum for a foreign buyer of a commercial-title building, in every district, and no unit here reaches it. AKASA Cheras South starts at RM570,888 and the highest price here is RM1,207,888. Every state's minimum price for foreign buyers →
Where to look next
Other projects I would put beside this one before deciding: similar budget, size or area.