EcoMajestic Phase 3
Powered by NAPIC + DOSM data
Generated 30 April 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 corridor, offering reasonable value relative to comparable developments, though appreciation potential depends on market conditions through the extended 2028 completion timeline.
- •**Location & Connectivity**: Semenyih offers affordability and emerging township infrastructure, but the absence of nearby MRT connectivity is a significant limitation for commuters; reliance on car dependency may impact long-term demand and rental appeal compared to MRT-adjacent locations.
- •**Risk & Timing**: The Q2 2028 completion date represents a 3+ year construction period with exposure to potential delays, financing cost increases, and market volatility; buyers should assess their financial capacity to service a mortgage through a prolonged holding period before occupancy.
NewProjek Score
8
Worth Considering
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced 13% above area median
Is this project priced fairly?
Selangor — Median Condo Prices (NAPIC)
| 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%
NAPIC 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
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Cassia Residence @ Laman View, Cyberjaya | Cyberjaya | RM319k | New Launch |
| IOI Rio City IOI Properties | Puchong | RM320k | Under Construction |
| Taman Dato Harun, 1-Storey Terrace @ Pulau Indah, Selangor | Klang | RM329k | Completed |
Why Consider
- • Freehold tenure ensures long-term property ownership and equity growth
- • Eco World's established reputation delivers quality construction and reliability
- • Strategic Semenyih location balances affordability with suburban convenience
- • Competitive pricing from RM620k attracts first-time and investor buyers
- • Eco-focused development promises sustainable living with modern amenities
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 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.