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.
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 4.0%, compared to 4.5% a year ago in Q1 2021. 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 (built-up) 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 6-bedroom / 6,369 sf with a median price of RM330 psf; while the cheapest one is 5-bedroom / 3,000 sf with a median price of RM220 psf.
Latest Section 1 for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Apartment | 1,321 sf | RM400,000 |
| 14 Aug 2022 | Apartment | 1,321 sf | RM410,000 |
| 8 Aug 2022 | Condominium | 1,238 sf | RM350,000 |
| 4 Aug 2022 | Condominium | 1,238 sf | RM350,000 |
| 28 Mar 2022 | Bungalow | -NA- | RM2,720,000 |
| 17 Feb 2022 | Condominium | 1,238 sf | RM350,000 |
| 15 Jan 2022 | Condominium | 1,238 sf | RM350,000 |
| 15 Jan 2022 | Condominium | 1,222 sf | RM368,000 |
| 3 Jan 2022 | Condominium | 1,237 sf | RM350,000 |
| 8 Jan 2022 | Low-Cost Flat | 1,222 sf | RM365,000 |
Latest Section 1 for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Medium Room | -NA- | RM550 |
| 5 Jun 2022 | Condominium | 1,396 sf | RM1,500 |
| 30 May 2022 | Condominium | 1,280 sf | RM1,200 |
| 13 May 2022 | Medium Room | -NA- | RM350 |
| 11 Jan 2022 | Medium Room | -NA- | RM450 |
| 30 Dec 2021 | Condominium | 1,196 sf | RM1,300 |
| 28 Dec 2021 | Low-Cost Flat | 1,222 sf | RM1,200 |
| 27 Dec 2021 | Medium Room | -NA- | RM500 |
| 16 Dec 2021 | Condominium | 1,396 sf | RM1,400 |
| 6 Dec 2021 | Condominium | 1,400 sf | RM1,700 |