Property Review

Alpinia Residence @ Putra Nilai

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

PUTRA NILAI DEVELOPMENT SDN BHD

Location

Nilai, Negeri Sembilan

Type

Serviced Apartment

Price

RM266k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM266,000 is competitive for serviced apartments in the Klang Valley periphery; however, unit sizes and developer track record should be verified to assess whether pricing reflects genuine value relative to comparable projects in the region.
  • **Location & Connectivity**: Nilai's strategic position between Kuala Lumpur and Selangor offers affordability, but the absence of nearby MRT connectivity and reliance on road-based transport limits accessibility; suitability depends on buyer preference for car-dependent living or long-distance commuting tolerance.
  • **Risk & Timing**: Critical project details including tenure type, completion timeline, and developer credentials are not disclosed, creating uncertainty for investment decisions; prospective buyers should obtain comprehensive information on these fundamentals before commitment, as delays or unfavorable tenure structures could impact liquidity and returns.

NewProjek Score

7.5

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

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

RM800–1,100

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

4.0x

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

RM5,591/mo

DOSM 2024

Mean Household Income

RM7,305/mo

DOSM 2024

Households Above RM8k

~31%

Estimated for Negeri Sembilan

Comparable Projects

Similar projects in Negeri Sembilan

ProjectLocationPrice FromStatus
1-Storey Terrace @ Taman Nilam, Chengkau, Rembau, Negeri SembilanRembauRM312kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Nilai, Negeri Sembilan
  • By PUTRA NILAI DEVELOPMENT SDN BHD

Risk Factors

  • 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.