Property Review

Taman Ilham, 2-Storey Terrace @ Banting, Selangor

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Banting, Selangor

Type

Landed House

Price

RM502k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM502,000 is competitive for 2-storey terrace housing in the Klang Valley periphery, though the absence of specified tenure details and completion timeline makes it difficult to fully assess value proposition relative to comparable projects in the area.
  • **Location & Connectivity**: Banting's location offers affordability benefits but remains relatively peripheral to major employment hubs; the absence of nearby MRT connectivity limits public transport options, making vehicle dependency a significant consideration for commuters to central KL or Petaling Jaya.
  • **Risk & Timing**: Unmarked completion and tenure details present material uncertainties that could affect financing approval and possession timelines; buyers should verify these fundamentals with the developer before commitment, as Banting's distance from urbanised areas may also impact resale demand and capital appreciation prospects.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced in line with area median
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM502,000
Selangor MedianRM550,000
Priced 9% below 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

RM1,600–2,200

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

4.2x

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
Acacia Residences @ Salak Perdana, SepangSepangRM265kNew Launch
Rimba Heights, Bungalow Lots @ Bandar Tasik Puteri, RawangRawangRM267kNew Launch
M Sinar @ Southville City

Mah Sing Group

SouthvilleRM270kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Banting, Selangor
  • By Developer

Risk Factors

  • 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.