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
RM380,000 - RM470,000
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 RM380,000 to RM470,000 (about RM340 psf); while the monthly rentals are from RM1,000 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 3.73%, compared to 3.18% a year ago in Q1 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 RM340 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM360 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM310 psf.

Latest Section 1 for sale listings:

DateTypeBuilt-upPrice
YesterdayCondominium-NA-RM530,000
YesterdayCondominium1,200 sfRM385,000
15-Feb-19Condominium1,396 sfRM348,300
14-Feb-19Condominium1,396 sfRM348,300
13-Feb-19Condominium1,319 sfRM460,000
08-Feb-19Condominium1,396 sfRM428,000
08-Feb-19Condominium1,425 sfRM430,000
08-Feb-19Condominium1,308 sfRM530,000
07-Feb-19Condominium1,164 sfRM380,000
07-Feb-19Low-Cost Flat1,222 sfRM390,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,396 sfRM1,200
15-Feb-19Retail1,500 sfRM4,000
12-Feb-19Condominium1,400 sfRM1,200
11-Feb-19Low-Cost Flat1,395 sfRM1,300
11-Feb-19Condominium1,222 sfRM1,100
11-Feb-19Condominium1,300 sfRM1,150
10-Feb-19Condominium1,390 sfRM1,200
10-Feb-19Condominium1,200 sfRM980
10-Feb-19Condominium1,400 sfRM1,200
10-Feb-19Condominium1,400 sfRM1,200