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Project review

The Maxxon Residence

Cheras, Kuala LumpurCondominium

The Maxxon Residence is a freehold residential development strategically located in Bandar Damai Perdana, Cheras. Set on approximately 9.6 acres of elevated land, this thoughtfully designed…

Price From:RM 450K – RM 675KBuilt-up:1000 - 1500 sqftTenure:FreeholdCompletion:Est Q3 2028
See this price in your own currency

Foreign buyers judge value in the units they buy at home. Convert the asking price and the price per unit of area.

Price from

S$140,850

Price per unit of area

S$140.85 / sq ft

Indicative only, at rates as of 12 August 2026 · Bank Negara Malaysia and market mid-rates

The Maxxon Residence condominium project view in Cheras, Kuala Lumpur

Quick Project Decision

The short answer first — then dig into photos, price and risk below.

Good investment?

The Maxxon Residence is a freehold condominium in Cheras, Kuala Lumpur, by Hexxon Group, priced from RM 450,000 (1000 - 1500 sqft), completing Est Q3 2028, with an estimated gross rental yield of 3.8%–4.4%. Lewis Chong rates it 7.2/10 — a conditional buy. Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Best for

First-Time Buyer. Long-term holding / Entry budget / Own stay.

Project snapshot

Check the practical details first before reading the deeper investment view.

Project Details Table

Cross-check these details against the developer's brochure before you book a viewing.

Project Name

The Maxxon Residence

Location

Cheras, Kuala Lumpur

Developer

Hexxon Group

Tenure

Freehold

Completion Year

Est Q3 2028

Price From

RM 450K – RM 675K

Built-up Range

1000 - 1500 sqft

Total Units

816

Key selling points

A clean first scan of the project before you compare package, layout and risk.

Price and unit guide

Use these numbers as a shortlist guide for unit comparison.

3 investment scenarios

A simple stress test factoring in vacancy buffer, rental guide and monthly holding guide.

Scenario

Conservative

Monthly Rent

RM 1,450

Cash Gap

-RM 1,099
Show all details

Gross Yield

3.9%

Vacancy Buffer

2 months / year

Monthly Holding

RM 2,307

What it means

Stress-test case. Use this when you want more buffer for vacancy, furnishing and rental competition.

Scenario

Balanced

Monthly Rent

RM 1,550

Cash Gap

-RM 886
Show all details

Gross Yield

4.1%

Vacancy Buffer

1 month / year

Monthly Holding

RM 2,307

What it means

Base planning case. Useful for checking whether the project still feels comfortable after normal vacancy buffer.

Scenario

Optimistic

Monthly Rent

RM 1,650

Cash Gap

-RM 726
Show all details

Gross Yield

4.4%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 2,307

What it means

Upside case. Only use after checking strong furnished rental evidence and tenant demand.

This is a decision guide, not a guaranteed return. It excludes personal tax, insurance, special assessment and future rate changes.

Rent figures are benchmark estimates pending verification against current nearby listings and Brickz / EdgeProp / NAPIC transaction evidence — this site does not invent transacted prices.

Cost and affordability check

Hidden cost guide

SPA / legal buffer (SPA = Sale & Purchase Agreement)RM 4,500
Stamp duty bufferRM 13,500
Loan agreement bufferRM 2,250
Renovation / move-in bufferRM 11,250

Confirm nett price, rebate and booking terms before paying.

Estimated cash to start

RM 45,000 down payment + RM 31,500 upfront buffers

The cash buffer figure shown in the calculator below already includes these upfront buffers.

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Monthly Holding Cost

Quick guide only. Lewis can help check a more realistic bank package before you book.

Estimated instalment

RM 1,842

Maintenance guide

RM 350

Sinking fund guide

RM 35

Assessment & quit rent guide

RM 80

Monthly holding guide

RM 2,307

Cash buffer guide

RM 65,250

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Same-area price comparison

Compare asking prices of nearby new launches in the same area and state for market context.

ProjectProperty TypeTenurePrice From
The Maxxon ResidenceCurrentCondominiumFreeholdRM 450,000
The Connaught OneServiced ResidenceFreeholdRM 419,000
Levia ResidenceCondominiumLeaseholdRM 527,000
Emerald 9Serviced ResidenceFreeholdRM 613,000
Sunway Velocity 3Serviced ResidenceLeaseholdRM 774,000

Location intelligence

Use this as a viewing checklist. Confirm exact travel time with Google Maps or Waze on your actual viewing day.

State

Kuala Lumpur

Map

Cheras, Kuala Lumpur

Lewis investment analysis

Lewis's honest take: overall score, realistic rental yield, the main risks, and which alternatives to compare before you decide.

Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Suitable for

First-Time BuyerOwn-Stay Buyer

Avoid if

Short-Term FlipperBuyer avoiding supply competitionBuyer needing immediate move-in

May not suit buyers who need confirmed walking distance to rail transit.

May not suit buyers who need to move in immediately or inspect the exact completed unit.

Risk

Medium

Holding Period

5-8 years

Confidence

7.4/10

Continue your research

FAQ and enquiry

Common buyer questions, related projects and a shorter enquiry form for next-step checks.

Buyer questions

The Maxxon Residence is listed with a market listing reference price guide of RM 450K – RM 675K. Final nett price, rebates, package, and availability should be confirmed with Lewis before viewing or booking.

More buyer questions (16)

Get price list, floor plans — or book a viewing

Enter your details and Lewis sends the latest price list, floor plans and rental-yield notes on WhatsApp. Usually within ~15 min (9am–9pm).

Usually replies within a few hours, 9am–9pm MYT (same as SGT).

Prefer to chat directly? WhatsApp Lewis

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