Property Review

3-Storey Semi-D @ 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

Semi-D

Price

RM1.5 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM1.5M for a 3-storey semi-detached property in Banting, the unit offers competitive positioning within the secondary market segment, though the absence of specified built-up area limits precise value assessment and comparison benchmarking.
  • **Location & Connectivity**: Taman Seri Putra's accessibility is constrained by the absence of nearby MRT connectivity, relying instead on road-based transport to Kuala Lumpur and other economic centers, which may limit appeal to commuter-focused buyers despite proximity to Banting town.
  • **Risk & Timing**: The lack of specified completion date presents execution uncertainty and potential delivery delays, while the secondary location combined with limited public transport infrastructure introduces longer holding periods and potentially slower capital appreciation compared to strategically-connected developments.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 173% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,500,000
Selangor MedianRM550,000
Priced 173% 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

RM4,800–6,500

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

12.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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 tenure ensures permanent ownership and asset appreciation
  • Taman Seri Putra established neighbourhood with proven track record
  • Strategic Banting location balances affordability with urban accessibility
  • 3-storey semi-D layout maximizes space for growing families
  • Strong rental demand in developing Selangor 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.