Property Review

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

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Banting, Selangor

Type

Bungalow

Price

RM1.9 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1.95 million entry price is competitive for freehold bungalows in Selangor's secondary markets, though pricing relative to built-up area and finishes requires comparison with similar Banting developments to assess true value proposition.
  • **Location & Connectivity**: Banting offers affordable suburban living with road access to major routes, but lacks MRT connectivity and relies on private transport; proximity to Port Klang and industrial zones may limit residential appeal for buyers seeking developed township amenities.
  • **Risk & Timing**: Completion timeline is unspecified, creating uncertainty for investors regarding returns and occupancy dates; the project's location in a secondary area carries longer capital appreciation timelines compared to established KL or Selangor city-centre developments.

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 (Verified)

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%

Verified data 2021–2025

Price-to-Income

15.2x

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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Freehold bungalow with competitive pricing in Banting
  • Strategic location near Klang Valley commercial centres
  • Zero lot design maximizes space efficiency and value
  • Strong appreciation potential in developing Selangor corridor
  • Spacious 3-storey layout ideal for growing families

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 the government, 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.