Section 2, Bandar Mahkota Cheras

Section 2 (also known as Seksyen 2) is a freehold landed housing estate located in Bandar Mahkota Cheras, Bandar Sungai Long. It comprises Mahkota Point, Pangsapuri BMC, Sunstone Villa, Suria Court, Taman Sinar Mahkota and Taman Sinar Mahkota 2. The built-up available at this project is 753 sf to 1,219 sf. It was developed by Lion Group.

Lion Group is a large-scale property development group, and it has built about 21 property projects in Malaysia. Other similar projects by the same developer are Banyan Close, Eastpark 72, Quartz Villa, Section 1, Section 2, Section 3, Section 5 and Section 6.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
753 sf - 1,219 sf
Market Price
RM250,000 - RM370,000
Density
-NA-
Completed In
-NA-
Developer
Launch Price
-NA-

This landed housing estate is not very ideal for own stay or investment, as it has no amenities around.

The current market prices for Section 2 are from RM250,000 to RM370,000 (about RM330 psf); while the monthly rentals are from RM800 to RM900 (about RM0.82 psf). The highest median price psf ever recorded was RM379 psf in Q1 2016; while the lowest one was RM108 psf in Q3 2009.

The current rental yield of Section 2 is around 3.78%, compared to 3.53% a year ago in Q1 2018. The highest rental yield ever recorded was 5.78% in Q4 2011; while the lowest one was 2.15% in Q4 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Section 2 is 3-bedroom / 1,104 sf with a median price of RM330 psf. For price wise, the most expensive one is 3-bedroom / 1,104 sf with a median price of RM330 psf; while the cheapest one is 3-bedroom / 1,219 sf with a median price of RM300 psf.

Latest Section 2 for sale listings:

DateTypeBuilt-upPrice
15-Feb-19Low-Cost Flat660 sfRM185,000
15-Feb-19Low-Cost Flat660 sfRM185,000
15-Feb-19Low-Cost Flat740 sfRM260,000
15-Feb-19Low-Cost Flat753 sfRM270,000
14-Feb-19Low-Cost Flat660 sfRM185,000
13-Feb-19Low-Cost Flat753 sfRM240,000
13-Feb-19Low-Cost Flat753 sfRM240,000
10-Feb-19Terrace-NA-RM518,000
09-Feb-19Terrace-NA-RM465,000
09-Feb-19Low-Cost Flat753 sfRM240,000

Latest Section 2 for rent listings:

DateTypeBuilt-upRental
TodayLow-Cost Flat750 sfRM850
YesterdayLow-Cost Flat670 sfRM750
13-Feb-19Terrace-NA-RM2,000
11-Feb-19Low-Cost Flat670 sfRM750
11-Feb-19Low-Cost Flat1,104 sfRM950
03-Feb-19Room In Apartment-NA-RM200
23-Jan-19Room In House-NA-RM480
21-Jan-19Low-Cost Flat750 sfRM1,000
16-Jan-19Low-Cost Flat850 sfRM800
16-Jan-19Low-Cost Flat850 sfRM700