Property Review

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

Powered by verified data + DOSM

Generated 14 June 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 for freehold landed houses, the project offers competitive positioning within the Semenyih market segment, though pricing appears mid-range relative to similar developments in established townships like Kajang and Bangi.
  • **Location & Connectivity**: Semenyih's position between Kajang and Bangi provides reasonable highway access via the East Coast Expressway, but the absence of nearby MRT connectivity limits public transport options and may affect long-term mobility appeal compared to more transit-oriented developments in the Klang Valley.
  • **Risk & Timing**: The lack of specified completion timeline presents uncertainty regarding project delivery; buyers should exercise caution regarding developer track record and payment schedule certainty, as SP Setia's execution history should be verified alongside obtaining clear contractual completion dates before commitment.

NewProjek Score

6.8

Moderate

  • Developer verification status not confirmed
  • 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 (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

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%

Verified 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

Why Consider + Risk Factors

Why Consider

  • Established SP Setia developer with proven track record
  • Freehold landed houses with strong long-term value
  • Strategic location between Kajang and Bangi corridors
  • Affordable entry price for freehold property investment
  • Growing Semenyih area with expanding infrastructure development

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 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.