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 960 sf to 1,700 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.
This town has some amenities nearby, e.g., schools and universities. The following are some of the major schools here:
- SK Bandar Rinching
- SMK Bandar Rinching
- Tenby International School Setia Ecohill
The current rental yield of Bandar Rinching is 4.33% for houses. The highest rental yield ever recorded was 7.08% in Q1 2014 (house); while the lowest one was 2.11% in Q3 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 3-bedroom / 1,300 sf with a median price of RM230 psf. For price wise, the most expensive one is 3-bedroom / 960 sf with a median price of RM350 psf; while the cheapest one is 3-bedroom / 1,300 sf with a median price of RM230 psf.
Latest Bandar Rinching sale listings:
|26 Nov 2023||Agricultural Land||-NA-||RM850,000|
|29 Nov 2023||Condominium||860 sf||RM190,000|
|27 Nov 2023||Condominium||860 sf||RM360,000|
|19 Nov 2023||Penthouse||4,446 sf||RM2,700,000|
|23 Nov 2023||Condominium||945 sf||RM290,000|
|19 Nov 2023||Semi-Detached||2,000 sf||RM610,000|
Latest Bandar Rinching rental listings:
|1 Dec 2023||House Room||-NA-||RM180|
|26 Nov 2023||Apartment Room||-NA-||RM398|
|20 Nov 2023||Single Room||-NA-||RM398|
|2 Nov 2023||Condominium||1,040 sf||RM950|
|2 Nov 2023||Condominium||900 sf||RM1,150|
|1 Nov 2023||Low-Cost Flat||950 sf||RM850|
|30 Oct 2023||Low-Cost Flat||845 sf||RM800|
|30 Oct 2023||Single Room||-NA-||RM450|
|26 Oct 2023||Low-Cost Flat||850 sf||RM1,100|
|25 Oct 2023||Condominium||1,000 sf||RM1,300|