Freehold Land 4.90 Acres Bandar Mahkota Cheras, Cheras

An outstanding chance to secure freehold development land situated in the well-established township of Bandar Mahkota Cheras, one of the most prominent residential areas in the Cheras corridor.

Encircled by fully developed communities, commercial hubs, and essential amenities, this land is perfect for residential projects or strategic land banking with significant end-user demand.

Land Details
Location: Bandar Mahkota Cheras, Mukim Cheras
Land Area: 1.9818 hectares / 4.8972 acres
Tenure: Freehold
Current Use: Agricultural
Terrain: Flat land
Surrounding: Established residential area

Asking Price: RM77 psf
Total Price: RM16,425,576 (Negotiable)

Development Strengths;
-Freehold land within a fully matured township
-Flat topography minimizes earthwork and construction expenses
-Suitable for landed housing, low-rise strata, or boutique residential projects (subject to approval)
-Strong owner-occupier and rental market in Mahkota Cheras
-Limited remaining land parcels of this size in the area

Price Comparison & Market Positioning;
-Bandar Mahkota Cheras residential land: typically transacting at ~RM90 – RM120 psf
-Nearby mature Cheras townships: generally RM100 – RM150 psf, depending on zoning and accessibility

Subject land asking at RM77 psf:
-Below prevailing market average
-Attractive entry price for developers
-Provides room for healthy GDV margin and pricing flexibility

This pricing offers a strategic advantage for developers aiming for lower land costs in a proven residential market.

Ideal For;
Landed residential development
Low-rise strata housing (subject to authority approval)
Medium-term land banking with potential capital appreciation
A rare freehold land parcel in Bandar Mahkota Cheras presenting a competitive entry price, mature surroundings, and robust development fundamentals.

Contact for feasibility discussion, layout review & site inspection.