Property Review

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

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Semenyih, Selangor

Type

Landed House

Price

RM619k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing and Value**: Entry price of RM619,000 is competitive for freehold landed houses in the Semenyih corridor, offering reasonable value compared to similar developments in nearby Kajang and Bangi, though final pricing depends on unit specifications and finishes.
  • **Location and Connectivity**: Semenyih location provides proximity to established townships (Kajang/Bangi) and major highways, but the absence of nearby MRT connectivity limits public transport options and may impact long-term appreciation relative to future transit-oriented developments in the Klang Valley.
  • **Risk and Timing**: SP Setia's track record mitigates development risk; however, the unspecified completion timeline introduces uncertainty for buyers, and timing entry into a suburban market requires careful consideration of broader economic cycles and property cycle dynamics in the outer Klang Valley region.

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

4.8x

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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Freehold landed house at affordable RM619,000 price point
  • Strategic location between Kajang and Bangi corridors
  • SP Setia developer ensures quality construction and after-sales support
  • Semenyih emerging township with growing infrastructure development
  • Strong investment potential in expanding Selangor property 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 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.