BANYAN
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM2.4 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM2.4M entry point, BANYAN positions itself in the upper-middle segment; pricing appears aligned with SP Setia's portfolio standards, though without specified tenure clarity, true value assessment requires confirmation of land ownership structure.
- •**Location & Connectivity**: Selangor location offers established residential appeal, but absence of listed MRT proximity suggests reliance on personal transport; connectivity depends on specific sub-location within Selangor, which materially impacts long-term demand and appreciation potential.
- •**Risk & Timing**: Missing completion and tenure specifications represent material gaps that increase investment uncertainty; buyers should obtain these clarifications before commitment, as they directly affect timeline expectations, regulatory compliance, and exit strategy feasibility.
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
20.0x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
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.