Sold for: RM2.25 million (RM347.54 psf)

Concluded by: Jessica Tung (REN 05827) (012-381 7783) of Propnex Realty Sdn Bhd

When: January 2020

Noteworthy:
● Leasehold
● Land area: 6,474 sq ft; built-up: 6,000 sq ft
● 6 bedrooms; 7 bathrooms
● Amenities: Short drive to Sungai Long morning market, shops and eateries as well as Putra Specialist Hospital Kajang (around 2km), private and government schools, Sungai Long Golf & Country club and Impian Golf & Country Club
● Easy access to the Kajang Dispersal Link Expressway (SILK) and Jalan Sungai Long

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Bandar Mahkota Cheras is a township in Cheras, Selangor. The 901-acre township is developed by Narajaya Sdn Bhd comprising mainly landed homes.

Located between Cheras and Kajang, residents in Bandar Mahkota Cheras could reach major business hubs in Kajang and Cheras within a 10 to 15km drive.

According to Jessica Tung from Propnex Realty Sdn Bhd who concluded the deal, the bungalow is in a quiet and safe environment within a gated and guarded community.

The unit is well-maintained and comes with high quality fittings, such as Grade A marble tiles giving the interior a luxurious and elegant look, noted Tung.

“The buyer likes the unit for its spaciousness and the wide street in front of the house,” she said, adding that the seller decided to dispose of the unit for cash needed in another investment.

According to EdgeProp.my data, no transaction was recorded in 2019 but two bungalows were sold in 2018 at an average RM1.6 million or RM238 psf.

From 2015 to 2017, four bungalows in Bandar Mahkota Cheras were sold at prices ranging from RM244 and RM378 psf.

There were 28 sales listings on EdgeProp.my as at mid-June 2020 asking for an average RM2.8 million or RM394 psf.

Interested to buy a unit in Bandar Mahkota Cheras? Or click here for more property listings in Cheras​. Click here to know more about Jessica Tung and potential good deals.

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