Section 8, Bandar Mahkota Cheras
Section 8 (also known as Seksyen 8) is a freehold mixed housing estate that is located in Bandar Mahkota Cheras, Bandar Sungai Long. The built-up available in this housing estate is 1,300 sf to 1,500 sf for houses and 2,800 sf for shop-offices. Other neighbouring developments nearby are Eastpark 72, Mahkota Villa, Pearl Villa, Quartz Villa, Section 3, Section 5, Section 6, Taman Bukit Permai, Taman Desa Permai and Taman Seri Budiman.
This mixed housing estate is not very ideal for own stay or investment, because it has no amenities around.
The current rental yield of Section 8 is 2.24% for houses. The highest rental yield ever recorded was 3.6% in Q1 2014 (house); while the lowest one was 2.24% in Q3 2021 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Section 8 for houses is 4-bedroom / 1,300 sf with a median price of RM410 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 4-bedroom / 1,500 sf with a median price of RM320 psf.
Lastly, the most popular layout and size (built-up) combination at section 8 for shop-offices is 2,800 sf with a median price of rm340 psf. For price wise, the most expensive one is 2,800 sf with a median price of RM340 psf; while the cheapest one is 2,800 sf with a median price of RM340 psf.
Latest Section 8 sale listings:
|27 Oct 2023||House||1,300 sf||RM528,000|
|27 Oct 2023||Terrace||1,300 sf||RM528,000|
|5 Sep 2023||Terrace||1,300 sf||RM538,000|
|26 Aug 2023||Terrace||1,300 sf||RM520,000|
|14 Aug 2023||Terrace||1,300 sf||RM530,000|
|29 Jun 2023||Shop-Office||2,800 sf||RM950,000|
|29 Jun 2023||Terrace||1,300 sf||RM750,999|
|8 Jun 2023||Terrace||1,800 sf||RM450,000|
|1 Jun 2023||Terrace||1,300 sf||RM580,000|
|15 May 2023||Terrace||1,800 sf||RM465,000|
Latest Section 8 rental listings:
|22 Apr 2023||Retail||1,540 sf||RM2,500|
|19 Oct 2022||Retail||1,540 sf||RM2,000|
|16 Oct 2022||Master Room||-NA-||RM680|
|16 Oct 2022||Medium Room||-NA-||RM520|
|13 Sep 2022||Medium Room||-NA-||RM400|
|24 Aug 2022||Single Room||-NA-||RM450|
|1 Aug 2022||Terrace||1,300 sf||RM1,300|
|25 Jul 2022||Single Room||-NA-||RM450|
|19 Apr 2022||Retail||1,540 sf||RM2,000|
|17 Dec 2021||Terrace||1,400 sf||RM1,500|