Section 5 of Bandar Mahkota Cheras is one of the newer housing developments in the area that stood empty for many years upon completion as many of the buyers were property speculators.
Located within a somewhat active part of Cheras just opposite Jaya Jusco, many expect capital appreciation of these homes to be good; with a number of the original buyers having already made a handsome profit off their purchase.
The only incident to have seriously marred the history of Section 5 of Bandar Mahkota Cheras was a robbery cum rape case which happened in 2009 where a group of migrants working on the new developments stopped a couple in their car to rob them and rape the girl. This case left the residents feeling extremely shaken and fearful for their safety.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Section 5 | 0 |
RM185,000
-
RM2,480,000
RM 180 psf - RM 688 psf |
RM1,200 - RM1,200 | NIL | 2.25 % |
| Cheras Vista | Sept 2017 |
RM320,000
-
RM3,200,000
RM 108 psf - RM 1,168 psf |
RM2,300 - RM2,300 | NIL | 1.98 % |
| Pearl Villa | 2014 |
RM329,000
-
RM4,000,000
RM 295 psf - RM 3,916 psf |
NIL | NIL | NIL |
| Section 6 | 2010 |
RM189,000
-
RM5,000,000
RM 280 psf - RM 666 psf |
RM650 - RM650 | NIL | 3.62 % |
| Taman Seri Budiman | May 2009 |
RM399,000
-
RM4,700,000
RM 285 psf - RM 587 psf |
RM1,200 - RM1,200 | NIL | 0.61 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 845,000 psf | - |
| 4,000 SQ. FT and above | - | RM 1,747,500 psf | - |
Note:
| Down Payment (10%) | RM 38,800 |
| Loan Amount ( 90 %) | RM 349,200 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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