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 22 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
RM370,000 - RM450,000
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 RM370,000 to RM450,000 (about RM320 psf); while the monthly rentals are from RM1,100 to RM1,400 (about RM0.86 psf). The highest median price psf ever recorded was RM385 psf in Q3 2015; while the lowest one was RM177 psf in Q2 2011.

The current rental yield of Section 1 is around 3.79%, compared to 3.51% a year ago in Q3 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 RM320 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM350 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM300 psf.

Latest Section 1 for sale listings:

DateTypeBuilt-upPrice
19-Aug-19Condominium1,222 sfRM350,000
19-Aug-19Retail-NA-RM2,380,000
16-Aug-19Condominium1,167 sfRM385,000
15-Aug-19Condominium1,425 sfRM420,000
12-Aug-19House1,302 sfRM380,000
22-Jul-19Condominium1,425 sfRM415,000
19-Jul-19Condominium1,222 sfRM360,000
19-Jul-19Condominium1,169 sfRM350,000
19-Jul-19Shop-Office2,858 sfRM1,400,000
19-Jul-19Low-Cost Flat1,222 sfRM375,000

Latest Section 1 for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM600
04-Aug-19Condominium1,222 sfRM1,200
29-Jul-19Condominium1,425 sfRM1,200
28-Jul-19Condominium1,400 sfRM1,350
27-Jul-19Condominium1,425 sfRM1,100
25-Jul-19Room In Apartment-NA-RM500
23-Jul-19Room In Apartment-NA-RM350
23-Jul-19Condominium1,425 sfRM1,100
20-Jul-19Condominium1,441 sfRM1,150
20-Jul-19Condominium1,169 sfRM1,100

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