Property Review

Setia EcoHill 2

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Semenyih, Selangor

Type

Landed House

Price

RM580k – RM980k

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: The RM580,000 entry price point is competitive for freehold landed houses in the Semenyih corridor, offering reasonable value relative to comparable developments in the area, though pricing may reflect the semi-suburban location rather than premium positioning.
  • **Location & Connectivity**: Semenyih's accessibility is limited by the absence of MRT connectivity, relying primarily on road-based transport; proximity to major employment centers and shopping districts would depend heavily on car usage, which may constrain long-term appeal for certain buyer segments.
  • **Risk & Timing**: The absence of a specified completion date introduces execution uncertainty typical of mid-to-later stage launches; buyer protection depends on standard regulatory frameworks, and market absorption risk remains moderate given Semenyih's gradual development trajectory and competitive new supply in the region.

NewProjek Score

8.5

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM580,000
Selangor MedianRM550,000
Priced 5% above area median

Selangor — Median Condo Prices (NAPIC)

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

RM1,800–2,500

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

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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Sunsuria Forum SOHO @ Setia Alam

SP Setia

Setia AlamRM298kRecently Completed
Vierra Residence @ Kinrara, KLPuchongRM300kNew Launch
Cassia Residence @ Laman View, CyberjayaCyberjayaRM319kNew Launch
Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures long-term ownership and wealth building
  • SP Setia's reputation delivers quality construction and reliability
  • Strategic Semenyih location offers affordable suburban living near KL
  • Landed houses provide space and privacy for families
  • Strong investment potential in growing 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 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.