Section 3, Bandar Mahkota Cheras
Section 3 (also known as Seksyen 3) is a freehold landed housing estate located in Bandar Mahkota Cheras, Bandar Sungai Long. It comprises Casa Residence, Spring Villa, Suria Residence, Vista Mahkota and Vistana Mahkota. The built-up available at this project is 869 sf to 1,300 sf. Other neighbouring projects around are Casa Residence, Cheras Vista, Hulu Langat Jaya, Pearl Villa, Quartz Villa, Section 2, Section 5, Section 8, Spring Villa and Taman Sinar Mahkota.
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 3 are from RM260,000 to RM530,000 (about RM320 psf); while the monthly rentals are from RM900 to RM1,200 (about RM0.75 psf). The highest median price psf ever recorded was RM351 psf in Q1 2016; while the lowest one was RM117 psf in Q1 2009.
The current rental yield of Section 3 is around 3.62%, compared to 4.19% a year ago in Q4 2017. The highest rental yield ever recorded was 5.19% in Q4 2011; while the lowest one was 2.47% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Section 3 is 3-bedroom / 1,044 sf with a median price of RM320 psf. For price wise, the most expensive one is 4-bedroom / 1,300 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 1,247 sf with a median price of RM270 psf.
Latest Section 3 for sale listings:
|15-Feb-19||Low-Cost Flat||1,247 sf||RM330,000|
|15-Feb-19||Low-Cost Flat||953 sf||RM285,000|
|14-Feb-19||Low-Cost Flat||861 sf||RM290,000|
Latest Section 3 for rent listings:
|11-Feb-19||Low-Cost Flat||1,247 sf||RM800|
|10-Feb-19||Low-Cost Flat||1,044 sf||RM900|
|02-Feb-19||Low-Cost Flat||1,044 sf||RM900|
|01-Feb-19||Low-Cost Flat||1,200 sf||RM1,200|
|21-Jan-19||Low-Cost Flat||1,300 sf||RM1,100|