Mahkota Residence, Section 1, Bandar Mahkota Cheras
Mahkota Residence is a freehold mixed condominium & retail development that is located in Section 1, Bandar Mahkota Cheras. It comprises Mahkota Garden.
There are 624 condominium units and 67 shop-offices available at this condominium with built-up from 1,066 sf to 1,222 sf for condominium units. It was developed by Cheras Hong Soon Development Sdn Bhd.
Cheras Hong Soon Development Sdn Bhd is a privately held medium-scale property development company, and it has built about 9 property projects in Malaysia. Other similar projects by the same developer are Emerald Residence, Landmark, Landmark 2, Residensi Zamrud, Silk Residence, Silk Sky, Suria Residence and Vista Bangi.
The only amenities nearby this mixed condominium & retail development are some transit stations.
The current rental yield of Mahkota Residence is 4.13% for condominium units. The highest rental yield ever recorded was 5.42% in Q4 2022 (condominium); while the lowest one was 2.86% in Q1 2015 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Mahkota Residence for condominium units is 3-bedroom / 1,222 sf with a median price of RM310 psf. For price wise, the most expensive one is 3-bedroom / 1,066 sf with a median price of RM330 psf; while the cheapest one is 3-bedroom / 1,222 sf with a median price of RM310 psf.
Latest Mahkota Residence sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 25 Nov 2023 | Condominium | 1,396 sf | RM500,000 |
| 24 Nov 2023 | Low-Cost Flat | 1,222 sf | RM390,000 |
| 24 Oct 2023 | Condominium | 1,396 sf | RM470,000 |
| 14 Oct 2023 | Condominium | 1,425 sf | RM360,000 |
| 12 Oct 2023 | Low-Cost Flat | 1,237 sf | RM380,000 |
| 3 Oct 2023 | Low-Cost Flat | 1,237 sf | RM365,000 |
| 29 Sep 2023 | Condominium | 1,222 sf | RM388,000 |
| 24 Sep 2023 | Condominium | 1,398 sf | RM450,000 |
| 22 Sep 2023 | Condominium | 1,396 sf | RM500,000 |
| 11 Sep 2023 | Condominium | 1,396 sf | RM410,000 |
Latest Mahkota Residence rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 31 Oct 2023 | Condominium | 1,396 sf | RM1,699 |
| 30 Oct 2023 | Condominium | 1,425 sf | RM1,400 |
| 24 Oct 2023 | Condominium | 1,420 sf | RM1,450 |
| 23 Oct 2023 | Low-Cost Flat | 1,066 sf | RM900 |
| 18 Oct 2023 | Condominium | 1,200 sf | RM1,100 |
| 13 Oct 2023 | Condominium | 1,164 sf | RM1,600 |
| 4 Oct 2023 | Condominium | 1,400 sf | RM1,200 |
| 26 Sep 2023 | Condominium | 1,400 sf | RM1,600 |
| 14 Sep 2023 | Low-Cost Flat | 1,247 sf | RM900 |
| 11 Sep 2023 | Single Room | -NA- | RM290 |