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 and 1,500 sf for retail 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)
1,500 sf (Retail)
Market Price
RM370,000 - RM480,000 (Apartment)
Density
624 Apartments & 67 Shop-Offices
Completed In
-NA-
Developer
Cheras Hong Soon Development Sdn Bhd
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 RM370,000 to RM480,000 (about RM340 psf) for apartment units; while the monthly rentals are from RM1,100 to RM1,400 (about RM0.93 psf) for apartment units and RM4,000 (about RM2.67 psf) for retail units. The highest median price psf ever recorded was RM389 psf in Q3 2015 (Apartment); while the lowest one was RM176 psf in Q2 2011 (Apartment).

The current rental yield of Mahkota Residence is 3.25% for apartment units. The highest rental yield ever recorded was 4.09% in Q2 2017 (Apartment); while the lowest one was 2.84% in Q4 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 RM350 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM310 psf.

Retail Layouts

Lastly, the most popular layout and size combination at Mahkota Residence for retail units is 1,500 sf with a median rental of RM2.67 psf. For rental wise, the most expensive one is 1,500 sf with a median rental of RM2.67 psf; while the cheapest one is 1,500 sf with a median rental of RM2.67 psf.

Latest Mahkota Residence for sale listings:

DateTypeBuilt-upPrice
YesterdayCondominium1,300 sfRM430,000
YesterdayCondominium1,167 sfRM380,000
07-Dec-18Low-Cost Flat1,160 sfRM380,000
07-Dec-18Condominium1,064 sfRM378,000
05-Dec-18Condominium1,164 sfRM380,000
05-Dec-18Condominium1,396 sfRM438,000
02-Dec-18Condominium1,164 sfRM388,000
02-Dec-18Condominium1,164 sfRM430,000
02-Dec-18Condominium1,425 sfRM500,000
01-Dec-18Condominium1,390 sfRM398,000

Latest Mahkota Residence for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM350
TodayRoom In Apartment-NA-RM350
11-Dec-18Room In Apartment-NA-RM450
11-Dec-18Room In Apartment-NA-RM350
09-Dec-18Condominium1,308 sfRM1,300
08-Dec-18Condominium1,425 sfRM1,000
08-Dec-18Condominium1,126 sfRM1,000
03-Dec-18Room In Apartment-NA-RM350
03-Dec-18Room In Apartment-NA-RM350
30-Nov-18Condominium1,300 sfRM1,150