Property Review

Queensville

Powered by verified data + DOSM

Generated 24 May 2026

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Executive Summary

Developer

SP Setia

Location

Semenyih, Selangor

Type

Bungalow

Price

RM1.5 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1.52 million entry point is competitive for landed bungalows in Semenyih's mid-range segment, though value assessment is limited by absent tenure details and completion timeline specifications that typically impact affordability comparisons.
  • **Location & Connectivity**: Semenyih offers suburban appeal with moderate accessibility to Kuala Lumpur via major roads, but the absence of nearby MRT connectivity restricts commuter convenience compared to transit-oriented developments, potentially limiting future demand.
  • **Risk & Timing**: Incomplete project information (tenure type and completion date not disclosed) creates uncertainty for investment decisions; buyers should seek clarification on these fundamentals before commitment, as they significantly affect resale potential and holding period returns.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 176% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,520,000
Selangor MedianRM550,000
Priced 176% 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

RM4,800–6,600

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

12.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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

  • Located in Semenyih, Selangor
  • By SP Setia

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.