Property Review

1.5 & 2 Storey Shop Offices @ Forest Heights, Seremban

Powered by verified data + DOSM

Generated 14 June 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**: Shop offices priced from RM800,000 offer competitive positioning within Seremban's mid-range commercial property segment; however, the absence of specified completion dates limits investor confidence in ROI timelines and may impact demand relative to completed comparable properties.
  • **Location & Connectivity**: Forest Heights' Seremban location provides access to the state capital's growing commercial ecosystem, though the lack of proximate MRT connectivity may constrain appeal to investors prioritizing public transport accessibility and could limit tenant pool compared to Klang Valley alternatives.
  • **Risk & Market Timing**: As a landed shop office development without published completion schedules, execution risk remains elevated; market sentiment for commercial properties in secondary cities is cyclical, and delayed launches or prolonged construction phases could expose early investors to extended holding periods and liquidity constraints.

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 (Verified)

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%

Verified 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

ProjectLocationPrice FromStatus
Arina @ Bandar Ainsdale

Sime Darby Property

SerembanRM424kUnder Construction
2-Storey Terrace House @ Taman Bukit Inai, Nilai, N.S.D.KNilaiRM468kNew Launch
2-Storey Terrace House @ Taman Bukit Mantin Phase 2, N.S.D.KMantinRM478kNew Launch
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 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.