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
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 RM320 psf); while the monthly rentals are from RM700 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 4.36%, compared to 2.47% a year ago in Q2 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 RM320 psf. For price wise, the most expensive one is 3-bedroom / 1,104 sf with a median price of RM320 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
18-Apr-19Semi-Detached-NA-RM1,500,000
26-Mar-19Low-Cost Flat753 sfRM240,000
19-Mar-19Terrace-NA-RM550,000
19-Mar-19Terrace3,040 sfRM798,000
14-Mar-19Low-Cost Flat753 sfRM235,000
13-Mar-19Low-Cost Flat860 sfRM343,000
13-Mar-19Condominium1,219 sfRM385,000
13-Mar-19Low-Cost Flat1,100 sfRM350,000
05-Mar-19Terrace3,040 sfRM1,000,000
05-Mar-19Low-Cost Flat750 sfRM235,000

Latest Section 2 for rent listings:

DateTypeBuilt-upRental
07-Apr-19Low-Cost Flat700 sfRM750
06-Apr-19Condominium1,161 sfRM1,100
05-Apr-19Low-Cost Flat1,104 sfRM1,000
05-Apr-19Low-Cost Flat1,104 sfRM1,000
05-Apr-19Low-Cost Flat1,200 sfRM1,099
04-Apr-19Low-Cost Flat1,104 sfRM1,050
23-Mar-19Retail1,092 sfRM2,000
07-Mar-19Condominium752 sfRM850
07-Mar-19Low-Cost Flat1,104 sfRM1,000
07-Mar-19Low-Cost Flat660 sfRM700