Bandar Rinching, Semenyih
Bandar Rinching (also known as Bandar Rincing) is a freehold town that is located in Semenyih, Selangor. It is a well-established and matured township that was developed back in 1994. For many years, it had only landed houses, but the recent surge in development has brought about the introduction of high-rise residential projects. One of its advantages is its location on a hilltop, which means that flooding is not a common occurrence here. However, its southern region houses an industrial area which can be a potential setback to the area's growth and future property value. This could potentially discourage buyers who prioritize peace, quiet, and wholesome living. Nevertheless, Bandar Rinching remains an attractive area for property investment given its existing infrastructure, great amenities, and easy accessibility to major highways and public transportation.
The built-up available in this town is 2,200 sf to 2,749 sf for houses. It was developed by Rhombus Sdn Bhd, and was completed in around 1994.
Rhombus Sdn Bhd is a privately held medium-scale property development company, and it has built about 7 property projects in Malaysia. Other similar projects by the same developer are Section 1, Section 2, Section 3, Section 4, Section 5 and Section 6.
The only amenities nearby this town are some schools. Some of the schools here include SK Bandar Rinching, SMK Bandar Rinching and Tenby International School Setia Ecohill.
The current rental yield of Bandar Rinching is 2.75% for houses. The highest rental yield ever recorded was 3.35% in Q4 2020 (house); while the lowest one was 2.27% in Q2 2016 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Bandar Rinching for houses is 5-bedroom / 2,749 sf with a median price of RM310 psf. For price wise, the most expensive one is 5-bedroom / 2,200 sf with a median price of RM380 psf; while the cheapest one is 5-bedroom / 2,749 sf with a median price of RM310 psf.
Latest Bandar Rinching sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| Today | Shop-Office | 2,650 sf | RM670,000 |
| Today | House | 1,496 sf | RM387,000 |
| Today | Terrace | -NA- | RM364,500 |
| Today | Terrace | 1,432 sf | RM306,000 |
| Today | Terrace | 800 sf | RM350,000 |
| Yesterday | Terrace | 1,700 sf | RM530,008 |
| 30 Aug 2024 | Terrace | 1,432 sf | RM306,000 |
| 30 Aug 2024 | Terrace | 1,200 sf | RM399,008 |
| 7 Sep 2024 | Condominium | 860 sf | RM290,000 |
| 6 Sep 2024 | Condominium | 860 sf | RM249,000 |
Latest Bandar Rinching rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 10 Sep 2024 | Condominium | 1,013 sf | RM1,100 |
| 9 Sep 2024 | Condominium | 1,050 sf | RM1,150 |
| 6 Sep 2024 | Condominium | 1,000 sf | RM1,400 |
| 5 Sep 2024 | Condominium | 880 sf | RM1,198 |
| 5 Sep 2024 | Condominium | 1,051 sf | RM1,100 |
| 4 Sep 2024 | Condominium | 880 sf | RM1,100 |
| 4 Sep 2024 | Condominium | 1,050 sf | RM1,100 |
| 4 Sep 2024 | Condominium | 860 sf | RM900 |
| 4 Sep 2024 | Apartment Room | -NA- | RM570 |
| 23 Aug 2024 | Retail | 1,400 sf | RM2,000 |