๐Ÿ“Š Property Intelligence Report

Alpinia Residence @ Putra Nilai

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Nilai, Negeri Sembilan

Type

Serviced Apartment

Price

RM266k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Alpinia Residence @ Putra Nilai presents a competitively priced entry-level serviced apartment option in the growing Nilai area, though the absence of MRT connectivity may limit appeal to commuters seeking convenient public transport access. The lack of critical information regarding tenure type and completion timeline raises due diligence concerns that prospective buyers should clarify with the developer before investment commitment. Overall, this project appears suitable for investors targeting the Nilai submarket or owner-occupiers with flexibility on location, provided that missing project specifications are obtained and verified.

๐ŸŸข LOW RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced below area median โ€” potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM266,000
Negeri Sembilan MedianRM320,000
Priced 17% below area median

Negeri Sembilan โ€” Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM800โ€“1,100

Based on similar properties in Negeri Sembilan

Gross Rental Yield

3.7%โ€“4.7%

Annual rental / property price

Area Price Trend

+10.3%

NAPIC data 2021โ€“2025

Price-to-Income

4.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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

โœ… Why Consider

  • โ€ข Located in Nilai, Negeri Sembilan
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

โญ 2,400+ buyers ยท ๐Ÿ  522 projects

๐Ÿ’ฐ 2% cashback on every purchase