Mahkota Residence, Section 1, Bandar Mahkota Cheras

Mahkota Residence is a freehold mixed apartment & retail development located in Section 1, Bandar Mahkota Cheras. It comprises Mahkota Garden. There are 624 apartment units and 67 shop-offices available at this project with built-up from 1,066 sf to 1,425 sf for apartment units. It was developed by Cheras Hong Soon Development Sdn Bhd.

Cheras Hong Soon Development Sdn Bhd is a medium-scale property development company held privately, and it has built about 8 property projects in Malaysia. Other similar projects by the same developer are Emerald Residence, Kajang Parc, Landmark, Landmark 2, Silk Residence, Silk Sky and Suria Residence.

Property Type
Mixed Apartment & Retail
Land Tenure
Freehold
Built-up
1,066 sf - 1,425 sf (Apartment)
Market Price
RM380,000 - RM470,000 (Apartment)
Density
624 Apartments & 67 Shop-Offices
Completed In
-NA-
Launch Price
-NA-

The only amenities nearby this mixed apartment & retail development are metro transport stations.

The current market prices for Mahkota Residence are from RM380,000 to RM470,000 (about RM330 psf) for apartment units; while the monthly rentals are from RM1,200 to RM1,300 (about RM0.93 psf) for apartment units. The highest median price psf ever recorded was RM387 psf in Q3 2015 (Apartment); while the lowest one was RM176 psf in Q2 2011 (Apartment).

The current rental yield of Mahkota Residence is 3.47% for apartment units. The highest rental yield ever recorded was 4.11% in Q2 2017 (Apartment); while the lowest one was 2.86% in Q1 2015 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Mahkota Residence for apartment units is 3-bedroom / 1,396 sf with a median price of RM330 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM360 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM310 psf.

Latest Mahkota Residence for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,425 sfRM414,000
TodayCondominium1,425 sfRM414,000
17-Apr-19Condominium1,165 sfRM360,000
17-Apr-19Condominium1,163 sfRM380,000
17-Apr-19Condominium1,398 sfRM422,000
17-Apr-19Low-Cost Flat1,116 sfRM378,000
27-Mar-19Low-Cost Flat1,100 sfRM375,000
27-Mar-19Condominium1,222 sfRM380,000
26-Mar-19Condominium1,169 sfRM350,000
26-Mar-19Condominium1,396 sfRM499,000

Latest Mahkota Residence for rent listings:

DateTypeBuilt-upRental
17-Apr-19Room In Apartment-NA-RM500
17-Apr-19Room In Apartment-NA-RM450
15-Apr-19Room-NA-RM250
13-Apr-19Room In Apartment-NA-RM300
13-Apr-19Condominium1,400 sfRM1,500
10-Apr-19Condominium1,222 sfRM1,100
05-Apr-19Room In Apartment-NA-RM380
05-Apr-19Room In Apartment-NA-RM450
05-Apr-19Condominium1,164 sfRM1,400
05-Apr-19Condominium1,400 sfRM1,400