Property Review

EcoMajestic Phase 3

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

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 properties in the Semenyih corridor, though final valuations depend on house specifications and completed finishes; represents reasonable value relative to comparable developments in the same locality.
  • **Location & Connectivity**: Semenyih offers established infrastructure and accessibility via federal routes, but the absence of nearby MRT connectivity limits public transport options; residents will rely on personal vehicles, which may impact long-term appreciation and appeal to non-car dependent buyers.
  • **Risk & Timing**: Extended completion timeline to Q2 2028 carries construction and market risk over a 3+ year horizon; buyers should assess developer track record and consider potential cost escalations, though Eco World's established profile provides reasonable confidence in project delivery.

NewProjek Score

7

Worth Considering

  • 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 PriceRM620,000
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 tenure ensures long-term ownership and asset appreciation potential
  • Established developer Eco World Development delivers quality projects consistently
  • Semenyih location offers affordable pricing with growth potential
  • Strategic location between Kuala Lumpur and Putrajaya corridors
  • Spacious landed houses ideal for families and investors

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.