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Want to own a piece of Kuala Lumpur without emptying your wallet? You might think finding a modern stylish home in KL for less than RM550,000 is out of the question, but you’d be wrong! New projects are springing up all over the city putting budget-friendly choices within reach for both first-time buyers and smart investors. Picture yourself living in a lively KL area, near the top shopping, eating, and cultural hotspots all while staying on budget.
In this piece, I’ve put in the work to track down the top new projects in KL that’ll be ready by 2027 or 2028 all with price tags under RM550,000. These picks are great for young workers, families looking to expand, or investors after high-value properties without breaking the bank. You’ll find a mix of options here, from cool high-rise apartments to roomy layouts that work well for families. These upcoming buildings offer something for everyone, no matter what kind of place you’re after. So let’s dive in and check out these soon-to-be-finished properties – you might just find the one that fits your budget and what you’re looking for!
1. R Suite Chancery Residences @ Ampang
R Suite Chancery Residences @ Ampang is a new multi-level residential with an astonishing new development that provides well-priced accommodation that is easily accessible, close to amenities and enticing. The project is scheduled to be completed by 2027, and it comprises of one and two bedroomed units measuring between 452 sq ft to 861 square feet with a price range of RM 455,000 which is a good option for a first time mortgage borrower, young professionals, or investors in companies that provide budget homes in the vicinity of CBD of Kuala Lumpur.
The development is located in Ampang, just 5 km from the heart of KLCC, and is well-served by major highways including the AKLEH Expressway and the MRR2. One of its key highlights is its proximity to public transport, with the Ampang LRT Station just a short distance away, making commuting to the city convenient and hassle-free.
R Suite Chancery Residences offers more than just a place to live—it’s designed with modern living in mind, featuring a range of amenities aimed at enhancing comfort and well-being. These include a fully-equipped gym, a swimming pool, a landscaped garden, and 24-hour security, ensuring peace of mind for residents.
Here are the room types for R Suite Chancery Residences @ Ampang:
- Type A: 452 sq. ft. – Studio (1 Bedroom)
- Type B: 646 sq. ft. – 2 Bedrooms
- Type C: 861 sq. ft. – 2 Bedrooms
These unit types provide options ranging from compact studio layouts for singles or couples to larger, two-bedroom layouts for small families or investors seeking rental potential. This flexibility makes R Suite Chancery Residences appealing for various buyer profiles, especially those looking for affordable, city-adjacent housing options.
The units are designed with a contemporary layout that maximizes natural light and ventilation, catering to individuals and families alike. The development is particularly appealing to those who are looking for affordable housing close to urban conveniences, yet offering a quiet, residential environment.
2. Radium Arena @ Old Klang Road
Radium Arena is a great project by Radium Development and is situated in Old Klang Road which is great for people who are looking for pleasant and reasonably priced housing in Kuala Lumpur. This development consists of 2 blocks which are 40 story each and provide a total of 988 residential units which include 2 bedroom units measuring 61 sq meters to 3 bedroom dual-key units measuring 85 sq meters. The prices begin at RM410,000 which is good for first time buyers and investors.
Radium Arena offers modern living with several room types designed for flexibility and affordability. Here’s a quick breakdown of the unit types available:
- Type A: 2 bedrooms, 2 bathrooms, 658 sq ft
- Type B: 3 bedrooms, 2 bathrooms, 716 sq ft
- Type C: 3 bedrooms, 2 bathrooms, 920 sq ft (also available as a dual-key option)
With Radium Arena, the concept of the building was in modern cities, as such, it offers more than 30 amenities including the infinity pool, aqua gym, jogging path, yoga studio, and even an urban farm on the roof. Furthermore, it enjoys great accessibility with the New Pantai Expressway and KL-Seremban Highway as well as easy access to areas like Petaling Jaya and Bangsar. The completion of the development is anticipated before the end of year 2028.
This development combines sustainability with lifestyle convenience, offering a range of unit types that cater to different needs and preferences. Additionally, Radium Arena has received recognition for its green initiatives, holding a Provisional GreenRE Certification (Gold).
3. Trinity Rainfora @ Bandar Kinrara
Trinity Rainfora @ Bandar Kinrara has the potential to be a great choice for people searching for apartments under RM550,000 in Kuala Lumpur. This freehold serviced apartment, which Trinity Group has developed, boasts a one-of-a-kind design inspired by nature to boost wellness and sustainability. Its location just 400 meters from the Kinrara BK5 LRT station makes it perfect for young professionals and families who want easy access and convenience.
The area around it has plenty to offer, including shopping malls, schools, and hospitals. The project features 535 units in two 31-story towers, with apartments ranging from 739 sq ft to 1,184 sq ft in size. Prices begin at RM530,000 for smaller units making it an attractive option for cost-conscious buyers.
Trinity Rainfora @ Bandar Kinrara, Puchong offers a variety of unit types to suit different lifestyles and space requirements:
- Type A: 739 sq. ft. – 2 Bedrooms
- Type B: 883 sq. ft. – 3 Bedrooms
- Type C: 1,184 sq. ft. – 3+1 Bedrooms
On top of that, Trinity Rainfora boasts over 36 amenities including an infinity pool, yoga deck glamping forest, and even a rainforest canopy to let residents enjoy nature in a city environment. The development is set to finish in 2028 giving people plenty of time to grab a place in this promising new neighborhood.
4. Residensi ZIG @ Kiara Bay, Kepong
Residensi ZIG at Kiara Bay in Kepong by UEM Sunrise provides a contemporary eco-living concept to the becoming high density neighborhood of Kuala Lumpur. Located within the expansive Kiara Bay township, this development comprises a variety of flexible units including studio, 3 and 4 bedroom apartments that suit the various needs of the people.
Residensi ZIG at Kiara Bay, Kepong, is designed to cater to a range of lifestyles with three main unit types:
- Type A: 450 sq ft, featuring 1 bedroom—ideal for young professionals or couples seeking a cozy, compact space.
- Type B: 898 sq ft, offering 3 bedrooms—a spacious option suitable for families who value extra space and privacy.
- Type C: 998 sq ft, also with 3 bedrooms—providing a bit more room, perfect for larger families or those looking for additional living space.
The township is developed with a combination of metropolitan elements together with greeneries with three zones that are: The Waters, a lake district area, The Walk, a commercial zone and the Village that caters for multi generation families.
Residensi ZIG is focused on environmental sustainability and accessibility of the residences by having bicycle paths, decentralized urban fabric with nodes and large open spaces. Being well connected to the major highways of MRR2, LDP and DUKE and within close range to the MRT stations of Kepong Baru and Jinjang makes the residents enjoy commuting to the central of KL and other regions of Klang Valley, effortlessly. There are also international schools, malls, clinics, and parks including the Kepong Metropolitan Park which are around the area.
The above describes fully what UEM Sunrise envisions of a holistic and lively eco tolerant community that will change the perception of Kepong as a place of residence. Residensi ZIG encourages potential buyers with low prices for exquisite class, advanced amenities and a sustainable lifestyle option..
5. Lakefront Condominiums @ Emerald Hills, Cheras
The Lakefront Condominiums at Emerald Hills in Cheras offers a serene living environment surrounded by lush greenery and a 2.3-acre central lake. This freehold development is part of a 47-acre gated and guarded residential project by GuocoLand and features a range of units designed to suit different family sizes and lifestyle needs.
Here are the types of units available at Lakefront Condominiums:
- Type C: 840 sq ft with 2 bedrooms and 2 bathrooms
- Type B: 893 sq ft with 2+1 bedrooms and 2 bathrooms
- Type A: 1,195 sq ft with 3+1 bedrooms and 2 bathrooms
Each unit includes at least two dedicated parking bays, and the development emphasizes low-density living with just 33 units per acre. Amenities include a clubhouse with an Olympic-length swimming pool, a multipurpose hall, kids’ pool, jogging and cycling tracks, and a floating BBQ pavilion for residents to enjoy.
Lakefront Condominiums is a top choice for those seeking a tranquil yet connected home in Cheras.
6. Alora Residences @ Subang Jaya
Alora Residences @ Subang Jaya offers a modern living experience in USJ 25, Subang Jaya, with spacious, eco-conscious layouts that cater to various family structures. Part of the larger Avenue 25 development, this project includes two towers of serviced apartments with unit types designed to suit a range of lifestyle needs:
- Type A: 1,042 sq ft with 4 bedrooms and 2 bathrooms
- Type B: 1,028 sq ft with 3 bedrooms and 2 bathrooms
- Type C: 923 sq ft with 3 bedrooms and 2 bathrooms
Residents can enjoy amenities like an infinity pool with city views, a rooftop gym, co-working spaces, and multiple garden spaces. Nearby, major shopping centers, healthcare facilities, and educational institutions enhance daily convenience. With eco-friendly features like energy-efficient lighting and rainwater harvesting, Alora Residences is GreenRE Gold-certified for sustainability.
Strategically located near the USJ 21 LRT station and major highways, Alora Residences ensures seamless connectivity across the Klang Valley, making it ideal for commuters and families alike.
7. The Jalil Residence @ Bukit Jalil
The Jalil Residence @ Bukit Jalil offers affordable, modern living in one of Kuala Lumpur’s most exciting and connected areas. This newly launched development presents a variety of unit sizes, making it a great option for first-time buyers or those looking for an investment property under RM550,000.
Here’s a quick look at the available room types:
- Type A: 802 sq ft with 2 bedrooms and 2 bathrooms – a cozy and efficient option for small families or couples.
- Type B: 1,009 sq ft with 3 bedrooms and 2 bathrooms – perfect for those needing extra space for a growing family.
- Type C: 1,209 sq ft with 3+1 bedrooms and 2 bathrooms – a larger unit offering additional flexibility, ideal for families or those wanting more room for home offices.
Located near major highways and with easy access to public transport like the LRT, residents enjoy both convenience and connectivity. The Bukit Jalil area also offers a range of amenities including shopping malls, educational institutions, and recreational spaces.
With competitive pricing and thoughtful design, The Jalil Residence is a top choice for budget-conscious buyers looking for a quality home within Kuala Lumpur’s growing property market.
8. Sfera Residence @ Wangsa Maju
Wangsa Maju almost has a direct transformer effect wherever you may roam in the district. You inhabit the presence of the Sfera Residence without externalizing yourself from the expansive society. For some reason, you can’t ignore the world around you, and it’s your inclination that placed Sfera Residence in a respectable setting among amazing apartments priced below 550,000 Malayan Ringgit. The housing estate is expected to be completed in 2026 and the prices of the apartments are low, starting from RM470,000 which makes them favorable for first-time buyers as well as investors.
There are two towers, the tallest of which is 37 floors high and has 494 residential units ranging in size between one and three bedrooms. Certain exclusive features that set them apart include a dual key plan and a distinctive villa style that ensures something for everyone among the residents. The architectural designs of the units have imaginative area structures that vary from 541 to 1371 square feet in size to ensure unimpeded panoramic views of the gardens as well as the metropolitan area.
For the Sfera Residence @ Wangsa Maju, the available units come in various configurations tailored for different needs. Here’s a breakdown of the room types available:
- 1-Bedroom Units: Offering a compact living space ideal for singles or couples.
- 2-Bedroom Units: A slightly larger option, providing more room for a small family or additional office space.
- 3-Bedroom Units: Perfect for families, these units range up to approximately 995 to 1,371 sq ft, and some include private terraces
More than 50 resort-styled facilities including three levels, a 50-meter lap pool, yoga deck, sky dining, and co-working space give the residences various options of lifestyle as well. Sfera also has its own sky bridge residence in Wangsa Maju which offers direct access to Wangsa Walk Mall and is located around six stops from KLCC via Sri Rampai LRT Station.
