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 22 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
RM240,000 - RM380,000
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 RM240,000 to RM380,000 (about RM310 psf); while the monthly rentals are from RM800 to RM1,000 (about RM0.91 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 3.09%, 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 2.65% in Q2 2016. 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 RM310 psf. For price wise, the most expensive one is 3-bedroom / 753 sf with a median price of RM320 psf; while the cheapest one is 3-bedroom / 1,104 sf with a median price of RM310 psf.

Latest Section 2 for sale listings:

DateTypeBuilt-upPrice
YesterdayLow-Cost Flat750 sfRM230,000
18-Aug-19Semi-Detached-NA-RM984,200
17-Aug-19Low-Cost Flat753 sfRM225,000
17-Aug-19Terrace3,040 sfRM799,000
15-Aug-19Condominium1,104 sfRM310,000
07-Aug-19Semi-Detached-NA-RM984,200
07-Aug-19Semi-Detached-NA-RM984,200
07-Aug-19Semi-Detached-NA-RM984,200
07-Aug-19Semi-Detached-NA-RM984,200
07-Aug-19Semi-Detached-NA-RM984,200

Latest Section 2 for rent listings:

DateTypeBuilt-upRental
11-Aug-19Room In House-NA-RM480
10-Aug-19Room In House-NA-RM480
08-Aug-19Room In House-NA-RM510
07-Aug-19Room In House-NA-RM495
07-Aug-19Room In House-NA-RM480
06-Aug-19Room In House-NA-RM480
01-Aug-19Low-Cost Flat746 sfRM700
26-Jul-19Room In House-NA-RM650
26-Jul-19Room In House-NA-RM510
26-Jul-19Room In House-NA-RM510

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