Bandar Rinching

Jalan 1, Semenyih, Selangor

About this project

Overview
Located South of Kuala Lumpur and close to Kajang while being part of Semenyih, Bandar Rincing is populated mainly by students and families. Besides being a residential enclave, it is also a commercial area comprising mainly of 1 & 2 storey terrace homes, semi-detached houses, bungalows and shops. When it was announced that the MRT was to be built near to Kajang town, a boom occurred which has seen much growth in the Semenyih and Kajang areas. Setia Ecohill by SP Setia and Eco Majestic by Ecoworld have been launched in Semenyih and are still being developed in 2017 with new major roads and infrastructure. Bandar Rincing has six residential zones or sections with other housing areas like Setia Ecohill,Taman Pelangi, Semenyih and Setia Ecohill surrounding them. There is also Broga Hill a short drive away from Bandar Rincing, which has a beautiful view of its hill as well as panoramic views of Klang Valley from its lookout points. There is a popular hiking trail as well as a lovely waterfall that attracts people not only from Semenyih but also visitors from greater Kuala Lumpur to this hill. The minor streets in the lower middleclass to middleclass housing area are not neat and tidy with nature strips that are not well kept or maintained although the roads are quite wide and spacious. The commercial area has a comprehensive range of products and services, both public and private that cater to the needs and wants of the population here. Amenities & Facilities
There are a host of different retail-outlets, banks, private clinics, boutiques, restaurants and cafes, mini-markets, car workshops located in the commercial centre between Bandar Rincing’s sections 4 & 5. Tesco Semenyih is situated beside Jalan Semenyih while further up this main road, are the Balai Polis Semenyih as well as Pizza Hut and KFC restaurants. Other familiar brand names like Sen Heng electrical appliance shop, 7-Eleven, TM Point, OldTown White Coffee Kopitiam, My Mydin, Maybank, CIMB,and many more have branch or franchise outlets in the shop-lot areas. There are petrol stations like Petronas and Petron nearby with a fire station just a short distance from Tesco Semenyih while Econsave and The Store also have stores a short drive away. As for schools there is SK Bandar Rincing, SMK Bandar Rincing, SJK(C) Sin Ming, SK Semenyih, Sekolah Rendah Agama Bandar Rincing besides the University of Nottingham Malaysia Campus located just 3 km away. Hospital Kajang is only 12 minutes’ drive away while it takes les than 20 minutes to get to Serdang Hospital. Accessibility & Transportation
Bandar Rincing is easily accessible by Jalan Semenyih and Persiaran Ecohill Timur which in turn connect to the KL-Seremban Highway and Setia Ecohill Expressway respectively. So this enclave once considered a bit isolated is now well linked to the rest of Klang Valley and beyond. Bus services ply along Jalan Semenyih with a few strategically placed bus-stops that offer good and convenient public transport that will be boosted when the Sungai Buloh-Kajang MRT Line is completed.
Property Type
Terraced House
Completion Year
1994
Built up
753 sqft - 11862 sqft
Tenure
Freehold
Transacted Price
RM 23,000 - RM 33,990,000
Asking Price (Sale)
RM 255,000 - RM 800,000
Asking Price (Rent)
RM 700 - RM 1,050
Developer name
Rhombus Sdn Bhd

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 123 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
27 Aug 1217 Feb 203,886 ft²10466147,0006.2
23 Sep 1314 Nov 191,302 ft²23096175,00015.3
29 Aug 1723 Oct 191,432 ft²30027930,0003.4
10 Jun 1523 Oct 191,432 ft²300140230,00019.1
25 Nov 9823 Sep 192,433 ft²15642277,9506.5

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 118 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 10 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
16 Mar 1730 Dec 19958 ft²292292--
19 Oct 1525 Mar 19829 ft²229350-100000-11.6
25 Feb 0229 Oct 18883 ft²8383--
04 Feb 1815 Aug 182,605 ft²143159-41500-18.2
16 Jan 1705 Jan 18829 ft²386386--

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 5 more unprofitable transactions

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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