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 2,600 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 - 2,600 sf
Market Price
RM350,000 - RM730,000
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 3.47%, compared to 4.74% a year ago in Q3 2022. 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 RM290 psf. For price wise, the most expensive one is 3-bedroom / 1,164 sf with a median price of RM330 psf; while the cheapest one is 5-bedroom / 2,600 sf with a median price of RM280 psf.

Latest Section 1 sale listings:

TarikhJenis HartanahBinaanHarga
7 May 2024Low-Cost Flat1,066 sfRM380,000
3 May 2024Low-Cost Flat1,222 sfRM370,000
3 May 2024Low-Cost Flat1,222 sfRM365,000
3 May 2024Condominium1,425 sfRM360,000
12 Apr 2024Condominium1,425 sfRM380,000
9 Apr 2024Condominium1,396 sfRM435,000
8 Apr 2024Low-Cost Flat1,066 sfRM380,000
29 Mar 2024Low-Cost Flat1,222 sfRM390,000
8 Mar 2024Condominium1,222 sfRM368,000
23 Feb 2024Condominium1,160 sfRM380,000

Latest Section 1 rental listings:

TarikhJenis HartanahBinaanSewaan
2 May 2024Condominium1,400 sfRM1,500
21 Apr 2024Apartment Room-NA-RM450
19 Apr 2024Low-Cost Flat1,222 sfRM1,200
18 Apr 2024Condominium1,396 sfRM1,600
17 Apr 2024Apartment Room-NA-RM500
31 Mar 2024Low-Cost Flat1,222 sfRM1,200
28 Mar 2024Low-Cost Flat1,066 sfRM1,100
19 Mar 2024Condominium1,396 sfRM1,300
4 Mar 2024Room-NA-RM600
13 Mar 2024Apartment Room-NA-RM500
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