Property Review

1.5 & 2 Storey Shop Offices @ Forest Heights, Seremban

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

OSK Property

Location

Seremban, Negeri Sembilan

Type

Landed House

Price

RM800k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM800,000 for landed shop offices in Seremban, the project offers moderate pricing relative to regional benchmarks, though value assessment is constrained by the lack of specified completion timeline and limited comparable data for this specific property typology in the area.
  • **Location & Connectivity**: Forest Heights provides accessible positioning within Seremban's commercial corridor; however, the absence of nearby MRT connectivity and reliance on road-based transportation may limit appeal to occupants or investors prioritizing seamless public transit integration.
  • **Risk & Timing**: The non-specified completion date represents a material risk for purchasers regarding capital lockup duration and project delivery certainty; additionally, the shop office market in Seremban carries moderate absorption risk given secondary-tier market status and evolving commercial workspace demand patterns.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 111% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM800,000
Negeri Sembilan MedianRM380,000
Priced 111% above area median

Negeri Sembilan — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM290,000
2022RM298,000+2.8%
2023RM305,000+2.3%
2024RM313,000+2.6%
2025RM320,000+2.2%
Investment Analysis

Est. Monthly Rental

RM2,400–3,200

Based on similar properties in Negeri Sembilan

Gross Rental Yield

3.7%–4.7%

Annual rental / property price

Area Price Trend

+10.3%

NAPIC data 2021–2025

Price-to-Income

12.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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 Negeri Sembilan

Median Household Income

RM5,226/mo

DOSM 2022

Mean Household Income

RM6,788/mo

DOSM 2022

Households Above RM8k

~29%

Estimated for Negeri Sembilan

Comparable Projects

Similar projects in Negeri Sembilan

Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures long-term ownership and asset appreciation
  • Strategic Seremban location offers growing commercial opportunities
  • Shop office design provides dual residential-commercial income potential
  • Competitive RM800k pricing in established Forest Heights development
  • Ideal for owner-occupier or investment portfolio diversification

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.

1.5 & 2 Storey Shop Offices @ Forest Heights, Seremban Property Report — Is It Worth Buying? | NewProjek | NewProjek