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.
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 RM800 to RM1,000 (about RM0.90 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 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:
Latest Section 2 for rent listings:
|Today||Low-Cost Flat||660 sf||RM700|
|15-Jun-19||Low-Cost Flat||1,104 sf||RM900|
|08-Jun-19||Low-Cost Flat||753 sf||RM750|
|01-Jun-19||Low-Cost Flat||708 sf||RM999|
|31-May-19||Low-Cost Flat||1,104 sf||RM900|
|19-May-19||Room In House||-NA-||RM630|
|19-May-19||Room In House||-NA-||RM510|