Property Review

3-Storey Bungalow & Zero Lot @ Taman Seri Putra, Banting, Selangor

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Banting, Selangor

Type

Bungalow

Price

RM1.9 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Units priced from RM1.95 million represent mid-to-premium positioning for the Banting market; however, value assessment is constrained by the absence of detailed specifications, built-up area, and comparable transaction data for this specific development.
  • **Location & Connectivity**: Taman Seri Putra offers freehold tenure and established residential infrastructure, but connectivity is limited by the lack of nearby MRT access and distance from Kuala Lumpur's primary commercial hubs, relying primarily on road-based commuting to major employment centers.
  • **Risk & Timing**: The absence of a specified completion date introduces uncertainty regarding project timeline and delivery risk; this lack of transparency, combined with limited public information on the developer's track record, warrants enhanced due diligence before commitment.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 255% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,950,000
Selangor MedianRM550,000
Priced 255% above area median

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM6,200–8,400

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

16.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Freehold bungalow in established Taman Seri Putra residential area
  • Strategic Banting location with growing commercial and infrastructure development
  • Competitive RM1.95M pricing for spacious 3-storey bungalow property
  • Zero lot design maximizes usable space on smaller plots
  • Strong rental demand in Selangor's expanding southern corridor

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.