New homes in Cheras: under RM500,000
Cheras has 9 new home projects with homes under RM500,000.
The prices shown are what you actually pay (the net price). 7 come with land you own forever. 4 are close to a train station. 2 are already built, so you can see the real home before you decide. The rest are still being built, and the first will be ready in 2026.
New homes in Cheras: under RM500,000
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Residensi Naluri
Bandar Mahkota Cheras, Cheras · MKH Berhad
From RM223,0003 home types in this budget · 600–850 sq ft · 2/3 bedrooms- Ready 2029
- Freehold
- Near Bandar Tun Hussein Onn
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Rio Cheras South
Balakong, Cheras · Green Target Group
From RM429,0002 home types in this budget · 831–942 sq ft · 3/4 bedrooms- Ready 2029
- Freehold
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Maxim D'Parc
Alam Damai, Cheras · Maxim Group
From RM310,0003 home types in this budget · 580–811 sq ft · 2/3 bedrooms- Ready 2030
- Leasehold
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The Connaught One
Taman Connaught, Cheras · UEM Land Berhad
From RM319,0002 home types in this budget · 452–708 sq ft · 1/2 bedrooms- Ready 2027
- Freehold
- Near Taman Connaught
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PSV2 Residence
Bandar Tasik Selatan, Cheras · Platinum Victory Development Sdn Bhd
From RM465,0002 home types in this budget · 947–1,087 sq ft · 3/4 bedrooms- Ready 2028
- Leasehold
- Near Bandar Tasik Selatan
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Maxxon Residence
Cheras · Hexxon Development Sdn. Bhd
From RM489,0001 home type in this budget · 1,000 sq ft · 3 bedrooms- Ready 2028
- Freehold
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Tiara Vista Residensi
Cheras · KUEEN LAI PROPERTIES S/B
From RM391,0002 home types in this budget · 852–950 sq ft · 3 bedrooms- Ready 2026
- Freehold
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Emerald 9
Taman Cuepacs, Cheras · GUOCOLAND MALAYSIA BERHAD
From RM374,0001 home type in this budget · 675 sq ft · 2 bedrooms- Built, see the real home
- Freehold
- Near Taman Suntex
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Akasa
Cheras · Hap Seng Land
From RM474,0001 home type in this budget · 850 sq ft · 2 bedrooms- Built, see the real home
- Freehold
Other areas below RM500k
All new launches in CherasQuestions buyers ask
How many new launches in Cheras cost under RM500,000?
9 projects that are still selling have homes under RM500,000, at the price you actually pay (checked 2026-11-07).
Which come with land you own forever (freehold)?
Freehold: Residensi Naluri, Rio Cheras South, The Connaught One, Maxxon Residence, Tiara Vista Residensi, Emerald 9, Akasa.
Which can I see now, and which are ready next?
Already built, so you can see the real home: Emerald 9, Akasa. Still being built, the earliest first: Tiara Vista Residensi (2026), The Connaught One (2027), PSV2 Residence (2028).
Prices are net prices, the amount you actually pay. For a few projects the price is our own estimate. Sold-out projects and home types are not shown. Checked 2026-11-07.