Property Review

2-Storey Terrace House @ Taman Sikamat Perdana, Seremban, N.S.D.K

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Seremban, Negeri Sembilan

Type

Landed House

Price

RM449k+

Tenure

Completion

NewProjek Verdict

  • **Pricing and Value**: At RM449,000, the property offers competitive positioning for 2-storey terrace houses in Seremban's mid-market segment, though pricing competitiveness should be verified against comparable landed properties in established neighbourhoods within the same price range.
  • **Location and Connectivity**: Seremban's central location provides reasonable connectivity to Kuala Lumpur via the North-South Expressway; however, the absence of nearby MRT connectivity limits public transport options and may affect long-term appreciation relative to properties in metropolitan areas with rail access.
  • **Risk and Timing Considerations**: The absence of specified tenure details and project completion timeline presents material information gaps that require clarification; delayed completion or unclear freehold/leasehold status could impact investment returns and should be resolved before commitment.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 18% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM449,000
Negeri Sembilan MedianRM380,000
Priced 18% 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

RM1,300–1,800

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

7.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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
2-Storey Townhouse @ Taman Bukit Mantin, N.S.D.KMantinRM250kNew Launch
Alpinia Residence @ Putra Nilai

PUTRA NILAI DEVELOPMENT SDN BHD

NilaiRM266kNew Launch
Taman Kersani, 1 & 2-Storey Terrace @ Kuala Pilah, Negeri SembilanKuala PilahRM268kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Seremban, Negeri Sembilan
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • 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.