EcoMajestic Phase 3
Powered by verified data + DOSM
Generated 14 June 2026
Developer
Eco World Development
Location
Semenyih, Selangor
Type
Landed House
Price
RM620k – RM1.1 mil
Tenure
Freehold
Completion
Q2 2028
NewProjek Verdict
- •**Value & Pricing**: RM620,000 entry price is competitive for freehold landed houses in the Semenyih market, though unit specifications and built-up area should be verified against comparable developments to confirm value alignment with current market rates.
- •**Location & Connectivity**: Semenyih offers suburban affordability but lacks direct MRT access, relying on road connectivity via Federal Route 2; proximity to Putrajaya and Kuala Lumpur is moderate (30-45 minutes by car), which may limit appeal for KL-centric commuters despite planned highway improvements.
- •**Risk & Timing**: Q2 2028 completion (approximately 3+ years away) carries execution risk typical of mid-stage developments; buyer interest depends on Eco World's track record and market absorption during economic cycles, with property market conditions potentially shifting significantly by delivery date.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 13% above area median
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
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 Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| 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
- • Freehold landed houses in affordable Semenyih growth corridor
- • Eco World's established track record delivering quality residential projects
- • Strategic location near Kuala Lumpur with expansion potential
- • Competitive pricing from RM620k appeals to first-time buyers
- • Completed Q2 2028 offers medium-term investment appreciation opportunity
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.