Section 1, Bandar Mahkota Cheras

Section 1 (also known as Seksyen 1) is a freehold landed housing estate that is located in Bandar Mahkota Cheras, Bandar Sungai Long. It consists of M-Row and Mahkota Residence.

The built-up available in this housing estate 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
RM360,000 - RM2,100,000
Total Units
-NA-
Completion Date
-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 4.29%, compared to 4.5% 2 years ago in Q1 2021. The highest rental yield ever recorded was 5.6% in Q4 2022; 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 RM330 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM340 psf; while the cheapest one is 4-bedroom / 1,425 sf with a median price of RM280 psf.

Latest Section 1 sale listings:

DateProperty TypeBuilt-upPrice
13 Aug 2023Condominium1,425 sfRM460,000
24 Jul 2023Condominium1,302 sfRM336,000
7 Jul 2023Condominium1,164 sfRM342,000
22 Jun 2023Condominium1,378 sfRM320,000
19 Jun 2023Condominium1,378 sfRM320,000
19 Jun 2023Condominium1,378 sfRM320,000
18 May 2023Condominium1,378 sfRM356,400
17 May 2023Condominium1,378 sfRM356,400
14 May 2023Condominium1,323 sfRM410,000
17 Apr 2023Condominium1,378 sfRM396,000

Latest Section 1 rental listings:

DateProperty TypeBuilt-upRental
5 Jun 2022Condominium1,396 sfRM1,500
30 May 2022Condominium1,280 sfRM1,200
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