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
1,066 sf - 1,425 sf (Apartment)
Market Price
RM370,000 - RM450,000 (Apartment)
624 Apartments & 67 Shop-Offices
Completed In
Launch Price

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 RM450,000 (about RM320 psf) for apartment units; while the monthly rentals are from RM1,100 to RM1,400 (about RM0.86 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 3.68% 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 RM320 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 RM300 psf.

Latest Mahkota Residence for sale listings:

16-Aug-19Condominium1,167 sfRM385,000
15-Aug-19Condominium1,425 sfRM420,000
22-Jul-19Condominium1,425 sfRM415,000
19-Jul-19Condominium1,222 sfRM360,000
19-Jul-19Condominium1,169 sfRM350,000
19-Jul-19Low-Cost Flat1,222 sfRM375,000
18-Jul-19Condominium1,328 sfRM399,000
23-Jun-19Condominium1,396 sfRM428,000
23-Jun-19Condominium1,369 sfRM500,000
14-Jun-19Condominium1,164 sfRM388,000

Latest Mahkota Residence for rent listings:

04-Aug-19Condominium1,222 sfRM1,200
29-Jul-19Condominium1,425 sfRM1,200
28-Jul-19Condominium1,400 sfRM1,350
27-Jul-19Condominium1,425 sfRM1,100
25-Jul-19Room In Apartment-NA-RM500
23-Jul-19Room In Apartment-NA-RM350
23-Jul-19Condominium1,425 sfRM1,100
20-Jul-19Condominium1,441 sfRM1,150
20-Jul-19Condominium1,169 sfRM1,100
19-Jul-19Condominium1,425 sfRM1,100

0 user comments on Mahkota Residence: