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 RM340 psf) for apartment units; while the monthly rentals are from RM1,000 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 3.73% 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 RM340 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
16-Feb-19Condominium-NA-RM530,000
16-Feb-19Condominium1,200 sfRM385,000
15-Feb-19Condominium1,396 sfRM348,300
14-Feb-19Condominium1,396 sfRM348,300
13-Feb-19Condominium1,319 sfRM460,000
08-Feb-19Condominium1,396 sfRM428,000
08-Feb-19Condominium1,425 sfRM430,000
08-Feb-19Condominium1,308 sfRM530,000
07-Feb-19Condominium1,164 sfRM380,000
07-Feb-19Low-Cost Flat1,222 sfRM390,000

Latest Mahkota Residence for rent listings:

DateTypeBuilt-upRental
17-Feb-19Condominium1,396 sfRM1,200
15-Feb-19Retail1,500 sfRM4,000
12-Feb-19Condominium1,400 sfRM1,200
11-Feb-19Low-Cost Flat1,395 sfRM1,300
11-Feb-19Condominium1,222 sfRM1,100
11-Feb-19Condominium1,300 sfRM1,150
10-Feb-19Condominium1,390 sfRM1,200
10-Feb-19Condominium1,200 sfRM980
10-Feb-19Condominium1,400 sfRM1,200
10-Feb-19Condominium1,400 sfRM1,200