Bandar Mahkota Cheras(the I Residence)
Hulu Langat, Selangor · High-rise (condo, apartment, flat) · Freehold
Homes in Bandar Mahkota Cheras(the I Residence) have sold for a median of
RM469,000
RM395 psf on the recorded floor area
Half of the 42 recorded sales fell between RM431,250 and RM497,250. One in ten went under RM364,000, one in ten over RM529,500. Sales run from 27 April 2021 to 5 May 2025.
Up 17% from a RM412,500 median in 2021 to RM481,500 in 2024.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Selangor, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM412,500 | RM332 psf | 8 |
| 2022 | RM460,000 | RM403 psf | 21 |
| 2023 | RM480,000 | RM417 psf | 6 |
| 2024 | RM481,500 | RM419 psf | 6 |
| 2025 | RM500,000 | RM407 psf | 1 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Hulu Langat with enough recorded sales, cheapest first. By median sold price, Bandar Mahkota Cheras(the I Residence) sits 108 of 125 in that set.
101 cheaper schemes above
11 dearer schemes below
Against Selangor
Across Selangor, the median recorded sale for high-rise (condo, apartment, flat) is RM308,000 (RM340 psf), from 7,834 sales. Bandar Mahkota Cheras(the I Residence)’s own median is RM469,000 — higher than that state median. Full Selangor table.
Cash and monthly on the RM469,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM46,900
- Transfer duty (MOT): RM8,380
- Loan duty (0.5%): RM2,111
- Total cash: RM57,391
- Qualifying first home: RM46,900 (duties exempt)
Monthly carry
- Instalment (35y @ 4.00%): RM1,869
- Total monthly: RM1,869
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Bandar Mahkota Cheras(the I Residence) sold for?
- A median of RM469,000 (RM395 psf), from 42 land-office transactions between 27 April 2021 and 5 May 2025.
- What is a typical band here?
- Half of recorded sales fell between RM431,250 and RM497,250. One in ten went under RM364,000; one in ten over RM529,500.
- Has the median moved?
- From RM412,500 in 2021 to RM481,500 in 2024 (+17%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.