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 21 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 and Section 6.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
1,066 sf - 1,425 sf
Market Price
RM370,000 - RM460,000
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 market prices for Section 1 are from RM370,000 to RM460,000 (about RM330 psf); while the monthly rentals are from RM1,200 to RM1,300 (about RM0.93 psf). The highest median price psf ever recorded was RM386 psf in Q3 2015; while the lowest one was RM177 psf in Q2 2011.

The current rental yield of Section 1 is around 3.79%, compared to 3.34% a year ago in Q2 2018. The highest rental yield ever recorded was 3.91% in Q4 2016; 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 RM330 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM350 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM300 psf.

Latest Section 1 for sale listings:

DateTypeBuilt-upPrice
16-Jun-19Terrace2,000 sfRM465,000
14-Jun-19Condominium1,164 sfRM388,000
13-Jun-19Condominium1,163 sfRM380,000
13-Jun-19Condominium1,425 sfRM410,000
13-Jun-19Condominium1,425 sfRM460,000
07-Jun-19Condominium1,164 sfRM359,000
07-Jun-19Low-Cost Flat1,164 sfRM359,000
04-Jun-19Low-Cost Flat1,266 sfRM345,000
30-May-19Condominium1,425 sfRM460,000
30-May-19Condominium1,389 sfRM520,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
16-Jun-19Room In Apartment-NA-RM320
15-Jun-19Condominium1,400 sfRM1,350
15-Jun-19Condominium1,164 sfRM1,100
14-Jun-19Condominium1,116 sfRM1,099
14-Jun-19Condominium1,400 sfRM1,599
13-Jun-19Condominium1,200 sfRM1,250
12-Jun-19Room In Apartment-NA-RM500
09-Jun-19Shop-Office11,888 sfRM11,888
09-Jun-19Terrace-NA-RM2,500
08-Jun-19Condominium900 sfRM1,100