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 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 3.47%, 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 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
TodayCondominium1,425 sfRM414,000
17-Apr-19Condominium1,165 sfRM360,000
17-Apr-19Condominium1,163 sfRM380,000
17-Apr-19Condominium1,398 sfRM422,000
17-Apr-19Low-Cost Flat1,116 sfRM378,000
30-Mar-19Condominium1,425 sfRM460,000
27-Mar-19Low-Cost Flat1,100 sfRM375,000
27-Mar-19Condominium1,222 sfRM380,000
27-Mar-19House6,369 sfRM2,100,000
27-Mar-19House6,369 sfRM2,100,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
17-Apr-19Office2,700 sfRM4,000
17-Apr-19Room In Apartment-NA-RM500
17-Apr-19Room In Apartment-NA-RM450
15-Apr-19Room-NA-RM250
13-Apr-19Room In Apartment-NA-RM300
13-Apr-19Condominium1,400 sfRM1,500
10-Apr-19Condominium1,222 sfRM1,100
05-Apr-19Room In Apartment-NA-RM380
05-Apr-19Room In Apartment-NA-RM450
05-Apr-19Condominium1,164 sfRM1,400