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
RM360,000 - RM430,000
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 3.37%, 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:

DateTypeBuilt-upPrice
TodayCondominium1,317 sfRM370,000
YesterdayCondominium1,328 sfRM360,000
24 Sep 2020Condominium1,169 sfRM380,000
10 Sep 2020Condominium1,317 sfRM398,000
17 Sep 2020Condominium1,396 sfRM438,000
18 Sep 2020Condominium-NA-RM349,000
20 Sep 2020Condominium1,400 sfRM520,000
21 Sep 2020Condominium1,222 sfRM380,000
15 Sep 2020Condominium1,164 sfRM420,000
17 Sep 2020Condominium1,328 sfRM388,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
10 Sep 2020Condominium1,222 sfRM1,200
18 Sep 2020Condominium1,425 sfRM1,200
4 Aug 2020Condominium1,396 sfRM1,300
9 Aug 2020Condominium1,222 sfRM1,100
15 Sep 2020Room In Apartment-NA-RM400
19 Jul 2020Terrace1,800 sfRM1,800
13 Sep 2020Condominium1,425 sfRM1,100
5 Sep 2020Condominium1,328 sfRM1,250
12 Sep 2020Low-Cost Flat1,222 sfRM1,000
10 Sep 2020Condominium1,396 sfRM1,200
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