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 3.14%, compared to 4.0% 2 years 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 RM280 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM330 psf; while the cheapest one is 3-bedroom / 1,396 sf with a median price of RM280 psf.
Latest Section 1 for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 7 Jan 2021 | Condominium | 1,169 sf | RM380,000 |
| 28 Dec 2020 | Condominium | 1,398 sf | RM438,000 |
| 29 Dec 2020 | Condominium | 1,396 sf | RM380,000 |
| 27 Dec 2020 | Condominium | 1,398 sf | RM438,000 |
| 13 Dec 2020 | Condominium | 1,396 sf | RM380,000 |
| 11 Dec 2020 | Condominium | 1,222 sf | RM350,000 |
| 9 Dec 2020 | Condominium | 1,425 sf | RM420,000 |
| 9 Dec 2020 | Condominium | 1,396 sf | RM410,000 |
| 8 Dec 2020 | Condominium | 1,396 sf | RM430,000 |
| 7 Dec 2020 | Condominium | 1,317 sf | RM370,000 |
Latest Section 1 for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 11 Jan 2021 | Condominium | 1,396 sf | RM1,500 |
| 9 Jan 2021 | Condominium | 1,400 sf | RM1,400 |
| 3 Jan 2021 | Room In Apartment | -NA- | RM800 |
| 7 Jan 2021 | Condominium | 1,396 sf | RM1,600 |
| 28 Dec 2020 | Room In Apartment | -NA- | RM600 |
| 28 Dec 2020 | Room In Apartment | -NA- | RM480 |
| 23 Dec 2020 | Condominium | 1,396 sf | RM1,500 |
| 22 Dec 2020 | Room In Apartment | -NA- | RM500 |
| 22 Dec 2020 | Condominium | 1,396 sf | RM1,500 |
| 20 Dec 2020 | Condominium | 1,396 sf | RM1,700 |