Section 1, Bandar Mahkota Cheras

Section 1 (also known as Seksyen 1) is a freehold landed housing estate located in Bandar Mahkota Cheras, Bandar Sungai Long. It consists of M-Row and Mahkota Residence. The built-up available at this project is 1,066 sf to 6,369 sf. It was developed by Lion Group.

Lion Group is a large real estate group, and it has undertaken around 26 real estate projects in Malaysia. Other similar projects by the same developer are Banyan Close, Eastpark 72, Quartz Villa, Section 2, Section 2, Section 3, Section 5, Section 6 and Serimba.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
1,066 sf - 6,369 sf
Market Price
RM330,000 - RM2,100,000
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

This landed housing estate is not very ideal for own stay or investment, because it has no amenities nearby.

The current rental yield of Section 1 is around 4.0%, compared to 4.5% a year ago in Q1 2021. The highest rental yield ever recorded was 4.5% in Q1 2021; while the lowest one was 2.86% in Q1 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Section 1 is 3-bedroom / 1,396 sf with a median price of RM320 psf. For price wise, the most expensive one is 6-bedroom / 6,369 sf with a median price of RM330 psf; while the cheapest one is 5-bedroom / 3,000 sf with a median price of RM220 psf.

Latest Section 1 for sale listings:

DateTypeBuilt-upPrice
TodayApartment1,321 sfRM400,000
14 Aug 2022Apartment1,321 sfRM410,000
8 Aug 2022Condominium1,238 sfRM350,000
4 Aug 2022Condominium1,238 sfRM350,000
28 Mar 2022Bungalow-NA-RM2,720,000
17 Feb 2022Condominium1,238 sfRM350,000
15 Jan 2022Condominium1,238 sfRM350,000
15 Jan 2022Condominium1,222 sfRM368,000
3 Jan 2022Condominium1,237 sfRM350,000
8 Jan 2022Low-Cost Flat1,222 sfRM365,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
TodayMedium Room-NA-RM550
5 Jun 2022Condominium1,396 sfRM1,500
30 May 2022Condominium1,280 sfRM1,200
13 May 2022Medium Room-NA-RM350
11 Jan 2022Medium Room-NA-RM450
30 Dec 2021Condominium1,196 sfRM1,300
28 Dec 2021Low-Cost Flat1,222 sfRM1,200
27 Dec 2021Medium Room-NA-RM500
16 Dec 2021Condominium1,396 sfRM1,400
6 Dec 2021Condominium1,400 sfRM1,700
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