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 20 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
RM260,000 - RM380,000
Density
-NA-
Completed In
-NA-
Developer
Lion Group
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 RM260,000 to RM380,000 (about RM330 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 3.75%, compared to 4.0% a year ago in Q4 2017. 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 RM330 psf. For price wise, the most expensive one is 3-bedroom / 753 sf with a median price of RM340 psf; while the cheapest one is 3-bedroom / 1,219 sf with a median price of RM310 psf.

Latest Section 2 for sale listings:

DateTypeBuilt-upPrice
TodayLow-Cost Flat740 sfRM260,000
YesterdayLow-Cost Flat753 sfRM270,000
11-Dec-18Low-Cost Flat660 sfRM160,000
11-Dec-18Semi-Detached4,168 sfRM1,000,000
11-Dec-18Low-Cost Flat660 sfRM170,000
11-Dec-18Low-Cost Flat660 sfRM198,000
YesterdaySemi-Detached-NA-RM1,000,000
YesterdaySemi-Detached2,992 sfRM1,000,000
YesterdaySemi-Detached-NA-RM1,000,000
06-Dec-18Low-Cost Flat660 sfRM198,000

Latest Section 2 for rent listings:

DateTypeBuilt-upRental
08-Dec-18Low-Cost Flat650 sfRM600
08-Dec-18Low-Cost Flat1,104 sfRM900
08-Dec-18Condominium1,104 sfRM1,200
08-Dec-18Condominium1,219 sfRM950
30-Nov-18Condominium1,104 sfRM1,000
30-Nov-18Low-Cost Flat1,100 sfRM900
28-Nov-18Low-Cost Flat750 sfRM750
24-Nov-18Room In House-NA-RM480
24-Nov-18Room In House-NA-RM480
23-Nov-18Room In House-NA-RM480