Property Review

Taman Ilham, 2-Storey Terrace @ Banting, Selangor

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Banting, Selangor

Type

Landed House

Price

RM502k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM502,000 entry price for a 2-storey terrace in Banting, the project offers competitive positioning within the affordable housing segment, though pricing appears reasonable relative to regional comparables without specification of built-up area and finishes limiting detailed value assessment.
  • **Location & Connectivity**: Banting's location in southern Selangor provides accessibility to major routes and industrial zones, but the absence of nearby MRT connectivity and limited public transport infrastructure may constrain long-term demand compared to more strategically positioned townships in the Klang Valley.
  • **Risk & Timing**: Critical project risks remain unmitigated due to missing tenure clarification, undefined completion timeline, and unnamed developer entity, which collectively elevate execution and delivery uncertainty and warrant due diligence before commitment.

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 (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

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%

Verified 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

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 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.