Property Review

Banyan @ Setia EcoHill 2, Semenyih, between Kajang and Bangi

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Semenyih, Selangor

Type

Landed House

Price

RM619k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM619,000 entry price, the project offers competitive positioning within the landed residential segment for Selangor's mid-range market, though final pricing and actual built-up specifications require verification against comparable nearby developments to confirm value proposition.
  • **Location & Connectivity**: Semenyih's position between Kajang and Bangi provides reasonable accessibility to employment centers, but the absence of proximate MRT connectivity limits public transport options and may impact long-term appreciation relative to MRT-served locations in the greater Klang Valley.
  • **Risk & Timing**: The lack of specified completion date presents timing uncertainty for buyers, while Semenyih's relatively developing infrastructure status carries moderate execution and market absorption risks typical of emerging township developments; due diligence on SP Setia's track record and sales performance is advisable.

NewProjek Score

7.8

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 13% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM619,000
Selangor MedianRM550,000
Priced 13% 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

RM2,000–2,700

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

5.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Cassia Residence @ Laman View, CyberjayaCyberjayaRM319kNew Launch
IOI Rio City

IOI Properties

PuchongRM320kUnder Construction
Taman Dato Harun, 1-Storey Terrace @ Pulau Indah, SelangorKlangRM329kCompleted
Why Consider + Risk Factors

Why Consider

  • Strategic location between Kajang and Bangi, excellent connectivity
  • Freehold tenure provides strong long-term value and ownership security
  • Affordable landed house at RM619,000 entry price point
  • Established Setia EcoHill 2 community with proven track record
  • High growth potential in expanding Semenyih residential market

Risk Factors

  • Under construction — completion delays are possible
  • 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.