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 1,425 sf. It was developed by Lion Group.
Lion Group is a large real estate group, and it has undertaken around 25 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.
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 3.37%, compared to 4.0% a year ago in Q3 2019. The highest rental yield ever recorded was 8.08% in Q2 2019; 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 combination at Section 1 is 3-bedroom / 1,396 sf with a median price of RM310 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 / 1,308 sf with a median price of RM280 psf.
Latest Section 1 for sale listings:
|24 Sep 2020||Condominium||1,169 sf||RM380,000|
|10 Sep 2020||Condominium||1,317 sf||RM398,000|
|17 Sep 2020||Condominium||1,396 sf||RM438,000|
|18 Sep 2020||Condominium||-NA-||RM349,000|
|20 Sep 2020||Condominium||1,400 sf||RM520,000|
|21 Sep 2020||Condominium||1,222 sf||RM380,000|
|15 Sep 2020||Condominium||1,164 sf||RM420,000|
|17 Sep 2020||Condominium||1,328 sf||RM388,000|
Latest Section 1 for rent listings:
|10 Sep 2020||Condominium||1,222 sf||RM1,200|
|18 Sep 2020||Condominium||1,425 sf||RM1,200|
|4 Aug 2020||Condominium||1,396 sf||RM1,300|
|9 Aug 2020||Condominium||1,222 sf||RM1,100|
|15 Sep 2020||Room In Apartment||-NA-||RM400|
|19 Jul 2020||Terrace||1,800 sf||RM1,800|
|13 Sep 2020||Condominium||1,425 sf||RM1,100|
|5 Sep 2020||Condominium||1,328 sf||RM1,250|
|12 Sep 2020||Low-Cost Flat||1,222 sf||RM1,000|
|10 Sep 2020||Condominium||1,396 sf||RM1,200|