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 23 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.
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 3.73%, compared to 3.73% a year ago in Q1 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 RM320 psf. For price wise, the most expensive one is 3-bedroom / 1,164 sf with a median price of RM330 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM310 psf.
Latest Section 1 for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 17-Feb-20 | Condominium | 1,196 sf | RM360,000 |
| 17-Feb-20 | Condominium | 1,308 sf | RM338,000 |
| 17-Feb-20 | Condominium | 1,163 sf | RM369,999 |
| 16-Feb-20 | Condominium | 1,328 sf | RM380,000 |
| 16-Feb-20 | Condominium | 1,328 sf | RM425,000 |
| 15-Feb-20 | Condominium | 1,308 sf | RM338,000 |
| 15-Feb-20 | Condominium | 1,425 sf | RM410,000 |
| 15-Feb-20 | Condominium | 1,163 sf | RM380,000 |
| 15-Feb-20 | Condominium | 1,237 sf | RM340,200 |
| 15-Feb-20 | Condominium | 1,237 sf | RM340,200 |
Latest Section 1 for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 12-Feb-20 | Room In Apartment | -NA- | RM250 |
| 10-Feb-20 | Retail | -NA- | RM1,200 |
| 10-Feb-20 | Retail | -NA- | RM1,500 |
| 10-Feb-20 | Low-Cost Flat | 1,200 sf | RM1,100 |
| 08-Feb-20 | Condominium | -NA- | RM1,300 |
| 08-Feb-20 | Condominium | 1,222 sf | RM900 |
| 08-Feb-20 | Condominium | 1,222 sf | RM1,200 |
| 01-Feb-20 | Condominium | 1,387 sf | RM500 |
| 01-Feb-20 | Condominium | 1,222 sf | RM1,200 |
| 31-Jan-20 | Condominium | 1,245 sf | RM950 |