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 6,369 sf. It was developed by Lion Group.

Lion Group is a large real estate group, and it has undertaken around 26 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 - 6,369 sf
Market Price
RM380,000 - RM2,100,000
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 3.52%, compared to 3.6% a year ago in Q2 2020. The highest rental yield ever recorded was 4.5% in Q1 2021; 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 RM370 psf; while the cheapest one is 5-bedroom / 3,000 sf with a median price of RM220 psf.

Latest Section 1 for sale listings:

DateTypeBuilt-upPrice
25 Sep 2021Low-Cost Flat1,066 sfRM335,000
24 Sep 2021Low-Cost Flat1,164 sfRM390,000
24 Sep 2021Condominium1,396 sfRM470,000
22 Sep 2021Condominium1,222 sfRM400,000
20 Sep 2021Condominium1,328 sfRM428,000
17 Sep 2021Condominium1,222 sfRM385,000
9 Aug 2021Condominium1,425 sfRM380,000
9 Aug 2021Condominium1,396 sfRM460,000
27 Jul 2021Condominium1,398 sfRM450,000
27 Jul 2021Condominium1,317 sfRM420,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
29 Oct 2021Room In Apartment-NA-RM350
25 Sep 2021Condominium1,328 sfRM1,300
9 Aug 2021Room In House-NA-RM650
19 Aug 2021Room-NA-RM380
19 Aug 2021Room-NA-RM480
13 Aug 2021Condominium1,400 sfRM999
13 Aug 2021Condominium1,425 sfRM1,200
13 Aug 2021Condominium1,328 sfRM1,300
12 Aug 2021Room-NA-RM500
12 Aug 2021Condominium1,350 sfRM1,400
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