BANYAN
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM2.4 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM2.4 million entry point positions BANYAN in the upper-middle segment; competitive valuation depends on unit size and finishes, though lack of detailed specifications limits assessment of true value proposition compared to regional benchmarks.
- •**Location & Connectivity**: Selangor location benefits from state accessibility, but absence of nearby MRT connectivity is a material disadvantage for long-term appreciation and tenant appeal, requiring reliance on personal vehicles or future transit infrastructure development.
- •**Risk & Timing**: Incomplete project details (tenure, completion date) present information gaps that obscure investment timeline and legal structure; SP Setia's track record provides developer credibility, though market timing and interest rate environment should be carefully evaluated before commitment.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 390% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM7,700–10,400
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
18.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| RM15,000 | RM2.3 mil | Stretch |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
- • By SP Setia
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.