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.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
1,066 sf - 1,425 sf
Market Price
RM350,000 - RM410,000
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 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:

DateTypeBuilt-upPrice
7 Jan 2021Condominium1,169 sfRM380,000
28 Dec 2020Condominium1,398 sfRM438,000
29 Dec 2020Condominium1,396 sfRM380,000
27 Dec 2020Condominium1,398 sfRM438,000
13 Dec 2020Condominium1,396 sfRM380,000
11 Dec 2020Condominium1,222 sfRM350,000
9 Dec 2020Condominium1,425 sfRM420,000
9 Dec 2020Condominium1,396 sfRM410,000
8 Dec 2020Condominium1,396 sfRM430,000
7 Dec 2020Condominium1,317 sfRM370,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
11 Jan 2021Condominium1,396 sfRM1,500
9 Jan 2021Condominium1,400 sfRM1,400
3 Jan 2021Room In Apartment-NA-RM800
7 Jan 2021Condominium1,396 sfRM1,600
28 Dec 2020Room In Apartment-NA-RM600
28 Dec 2020Room In Apartment-NA-RM480
23 Dec 2020Condominium1,396 sfRM1,500
22 Dec 2020Room In Apartment-NA-RM500
22 Dec 2020Condominium1,396 sfRM1,500
20 Dec 2020Condominium1,396 sfRM1,700
0 user comments on Section 1