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 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:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 25 Sep 2021 | Low-Cost Flat | 1,066 sf | RM335,000 |
| 24 Sep 2021 | Low-Cost Flat | 1,164 sf | RM390,000 |
| 24 Sep 2021 | Condominium | 1,396 sf | RM470,000 |
| 22 Sep 2021 | Condominium | 1,222 sf | RM400,000 |
| 20 Sep 2021 | Condominium | 1,328 sf | RM428,000 |
| 17 Sep 2021 | Condominium | 1,222 sf | RM385,000 |
| 9 Aug 2021 | Condominium | 1,425 sf | RM380,000 |
| 9 Aug 2021 | Condominium | 1,396 sf | RM460,000 |
| 27 Jul 2021 | Condominium | 1,398 sf | RM450,000 |
| 27 Jul 2021 | Condominium | 1,317 sf | RM420,000 |
Latest Section 1 for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 29 Oct 2021 | Room In Apartment | -NA- | RM350 |
| 25 Sep 2021 | Condominium | 1,328 sf | RM1,300 |
| 9 Aug 2021 | Room In House | -NA- | RM650 |
| 19 Aug 2021 | Room | -NA- | RM380 |
| 19 Aug 2021 | Room | -NA- | RM480 |
| 13 Aug 2021 | Condominium | 1,400 sf | RM999 |
| 13 Aug 2021 | Condominium | 1,425 sf | RM1,200 |
| 13 Aug 2021 | Condominium | 1,328 sf | RM1,300 |
| 12 Aug 2021 | Room | -NA- | RM500 |
| 12 Aug 2021 | Condominium | 1,350 sf | RM1,400 |