Property Review

Bayu Biz, 2-Storey Shop Office @ Bandar Sri Sendayan, Negeri Sembilan

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Matrix Concepts

Location

Seremban, Negeri Sembilan

Type

Landed House

Price

RM1.3 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM1.29M entry point is competitive for freehold shop offices in Negeri Sembilan, though pricing appears moderate relative to similar commercial properties; actual value depends on final specifications and built-up area which are not detailed.
  • **Location & Connectivity**: Bandar Sri Sendayan offers established commercial infrastructure in Seremban with road accessibility, but lacks MRT connectivity and proximity to major transport hubs, limiting appeal to businesses requiring high-frequency commuter access or regional logistics operations.
  • **Risk & Timing**: Completion timeline is unspecified, creating uncertainty for investment planning; as a commercial property in a secondary market, absorption rates and rental demand carry moderate risk, particularly if economic conditions soften or local commercial competition increases.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 239% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,290,000
Negeri Sembilan MedianRM380,000
Priced 239% 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

RM3,800–5,200

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

20.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
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

Why Consider + Risk Factors

Why Consider

  • Located in Seremban, Negeri Sembilan
  • Freehold title property
  • By Matrix Concepts

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.