How do you make the unit eligible for the scarce segments?
Pet-friendly whole-unit tenancies and properly managed co-living are the scarce-supply side of demand. Fewer eligible units exist than tenants asking for them, whereas generic lets compete against every identical listing in Maxim Residences @ Cheras / Taman Connaught, Kuala Lumpur.
A reversible SPEEDRENO fit-out makes the unit segment-eligible, and the finished unit lists on SPEEDHOME against that demand.
Use the calculator before you renovate Before choosing furniture or a renovation package, work out what the Maxim Residences @ Cheras / Taman Connaught, Kuala Lumpur unit could earn and how much extra money you need to put in. Run the numbers through the interactive Rental Return Calculator below.
How transit-connected is Maxim Residences Cheras?
Maxim Residences is a 542-unit leasehold serviced-apartment development by Maxim Holdings completed in 2017 at Taman Connaught, Cheras — one- to three-bedroom layouts of 619 to 1,050 sq ft beside Taman Connaught MRT and UCSI University, under Dewan Bandaraya Kuala Lumpur (DBKL).
The public record names Dewan Bandaraya Kuala Lumpur (DBKL) as the local council and the EdgeProp project record for the scheme; neither approves any unit's operating model. Sources: DBKL, EdgeProp — development-level context (542-unit serviced apartment, 619–1,050 sq ft layouts), not a parcel-level return forecast.
How do you compete in the Cheras rental market?
In established Cheras residential corridors, identical floorplans create aggressive competition for reliable tenants. Located in located along Jalan 9/142 in Taman Connaught, Cheras, Kuala Lumpur, within walking distance of the Taman Connaught MRT Station (Kajang Line), Cheras Sentral Mall, and near UCSI University, Maxim Residences by Maxim Holdings (Trenergy Infrastructure / Meridian Maxim) represents an active residential development in Kuala Lumpur. Because dozens of comparable units compete for the same pool of prospective tenants, leaving a unit in tired or standard builder-specification condition leads directly to extended vacancy and downward price pressure.
The answer is intentional specification, not excessive spending. A targeted SPEEDRENO rental fit-out delivers durable modern cabinetry, reliable air conditioning, and ergonomic work-from-home setups that appeal directly to qualified tenants, while intentionally skipping delicate luxury accents that degrade across multiple tenancies. Your property enters the market through SPEEDHOME to match with credit-screened applicants. The management by-laws determine the letting model; the interior execution secures the signing speed.
The Maxim Residences record: what the public facts verify
Verified: Maxim Residences (Maxim Residences @ Cheras) is a leasehold commercial-titled serviced apartment development by Meridian Maxim Sdn. Bhd. (Maxim Holdings) located along Jalan 9/142 in Taman Connaught, Cheras, Kuala Lumpur, completed in 2017. The development consists of 2 towers (Tower A of 34 storeys and Tower B of 28 storeys) comprising 542 residential units in layouts of 619 sq ft (1-2 bedrooms), 825 sq ft (2 bedrooms), and 1,050 sq ft (3 bedrooms) above a commercial retail podium, positioned within walking distance of the Taman Connaught MRT Station and near UCSI University. Strata reserve fund accounts, current maintenance charges, and the management's written rules on short-stay letting, student submetering, or room partitioning are not stated in named public sources.
| Question | Public-record answer |
|---|---|
| Format, tenure | high-rise residential condominium; Leasehold (99-year lease expiring c. 2112) |
| Scale | 2 towers (Towers A & B), 34 storeys, 542 serviced apartment units, completed c. 2017 |
| Layouts | 1-bedroom to 3-bedroom serviced apartment layouts (619 sq ft, 825 sq ft, 1,050 sq ft band) |
| Location | located along Jalan 9/142 in Taman Connaught, Cheras, Kuala Lumpur, within walking distance of the Taman Connaught MRT Station (Kajang Line), Cheras Sentral Mall, and near UCSI University |
| Developer | Maxim Holdings (Trenergy Infrastructure / Meridian Maxim) |
| Management position on short-stay, multi-tenancy, pets | Not published in statutory records; request building by-law handbook |
The development operates under the local jurisdiction of Dewan Bandaraya Kuala Lumpur (DBKL).
Which model is even on the table?
Nothing beyond a conventional whole-unit letting is on the table until the management answers in writing. The operating model is set by the parcel's actual layout and the management's written position on short-stay, multi-tenancy and renovation—not by bedroom count. Get the MC letter first; the model table follows.
SPEEDHOME's recommendation for Maxim Residences @ Cheras / Taman Connaught, Kuala Lumpur: whole-unit 12-month pending the MC letter — SPEEDHOME's default until management's written position arrives.
| Model | Status here | What decides it | SPEEDHOME pick |
|---|---|---|---|
| Whole-unit, 12-month | Recommended base case | Standard corporate, executive or family lease in established Maxim Residences floorplans | ✓ default |
| Existing-bedroom sharing | Conditional | Written JMB/MC rules on professional co-tenants and parking pass rules | what-if MC |
| Co-living service | Do not assume | Electrical load validation for separate air conditioning submeters | ✗ by-law |
| Short stay | Do not underwrite | Joint Management Body resolutions; many residential schemes restrict homestays | ✗ by-law |
For landlords evaluating sharing arrangements after obtaining written approval, review the room rental and co-living guide for risk mitigation protocols.
Which numbers must you run before committing any capital?
Evaluate whether higher furnishing expenditure unlocks sustainable rent premiums against competing Maxim Residences listings. Baseline acquisition outlays, ongoing service fees, and targeted furnishings must be calculated against realistic market absorption rates.
Loading the renovation ROI comparison…
- Insert your original acquisition price along with verified whole-unit asking comparables from Cheras.
- Incorporate current strata management fees, sinking fund allocations, and local council assessments to establish true baseline holding costs.
- Stress-test a clean executive furnishing package against a full designer renovation to ensure additional fit-out debt earns a sufficient marginal return.
- Model multiple tenancy sharing scenarios only if the building management confirms that multi-tenancy is permissible under current house rules.
The tool provides an objective underwriting benchmark.
What exact diligence should you run before an offer or renovation?
Understanding parcel-specific covenants and parking assignments is essential in Cheras. Verify these core components:
- Examine the strata title deed or sales agreement to confirm allocated accessory parcels, particularly car parking bays and storage areas.
- Review recent JMB or Management Corporation meeting minutes to assess operational efficiency, lift performance records, and maintenance contractor management.
- Request the formal renovation guidelines detailing allowable working hours, noise restrictions, and mandatory contractor security deposits.
- Cross-reference actual signed tenancies within Maxim Residences and neighbouring developments in Cheras to confirm current market rental bands.
What are the downside risks and stop rules?
In mature residential developments, the chief vulnerability is prolonged vacancy caused by unrealistic asking rents. If your unit remains unleased beyond several marketing cycles, adjust pricing or provide high-utility tenant incentives (such as bundled high-speed internet) rather than sinking capital into unneeded cosmetic re-works. Never attempt unpermitted architectural partitions; doing so violates building safety by-laws and risks immediate stop-work orders from Dewan Bandaraya Kuala Lumpur (DBKL) building inspectors. If short-stay letting is banned by house rules, respect the restriction immediately.
FAQ
What tenant profile is most common in Maxim Residences?
The primary tenant pool consists of UCSI University students and faculty, MRT commuters working in KL Sentral/TRX/Bukit Bintang, and young medical/retail professionals along the Cheras commercial strip.
Is Maxim Residences suitable for room-by-room rental?
While the floor plan allows co-living physically, owners must obtain written management verification that unrelated multi-tenancy is approved, especially regarding resident access cards and parking usage.
Does the developer provide warranties on recent builds?
With completion dating to c. 2017, standard statutory defect liability periods have elapsed. Individual purchasers must conduct private building audits of waterproofing, joinery, and plumbing before tenancy handover.
Can an owner conduct short-term rentals in Maxim Residences?
Homestay and short-stay operations cannot be assumed. Residential strata and gated schemes in Kuala Lumpur frequently adopt house rules restricting commercial short-stays to preserve resident security and community tranquility.
How important is car parking in this development?
Very important. Given parking regulations in Cheras, properties with dedicated, easily accessible parking bays command significantly faster tenant interest than units with constrained parking.
Matched SPEEDHOME landlord close
If you would rather not run the unit yourself, this is the part where one company takes the whole journey. A contractor leaves after the handover, an agent leaves after the signing, a handyman leaves after one fix — and rent follow-up, tenant problems and repairs fall back on you. Not because anyone failed; because it was never anyone's job in between. SPEEDRENO gets the unit rent-ready for the tenant you actually want (with a clear skip list, so you don't pay for work the market won't reward), SPEEDHOME rents it out and manages the tenancy — rent collection, tenant issues, lawful eviction when needed — and SPEEDFIX handles repairs at one price. Owners stay with SPEEDHOME because things move fast, and because there is a company with a full-time team behind the tenancy, not an individual agent. The landlord plans — Standard at RM799 a year plus SST, Protect at one month's rent, Protect+ at one and a half — sit on top of that service.
Once the parcel clears title, management, condition and comparable checks, list the compliant whole-unit tenancy with SPEEDHOME. The landlord page carries current availability and the next step; this page is the owner decision layer before that. Start with the landlord investment decision guide if the operating model itself is still open.