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.
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:
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:
|07-Feb-19||Low-Cost Flat||1,222 sf||RM390,000|
Latest Mahkota Residence for rent listings:
|11-Feb-19||Low-Cost Flat||1,395 sf||RM1,300|