Property Review

Kepayang Heights 2, 3-Storey Semi-D @ Taman Bukit Kepayang, Seremban, Negeri Sembilan

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Seremban, Negeri Sembilan

Type

Semi-D

Price

RM1.1 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1.15M for a 3-storey semi-detached house in Seremban is competitively positioned within the mid-tier residential market; however, the absence of tenure details and completion timeline creates uncertainty in assessing long-term value appreciation relative to comparable developments.
  • **Location & Connectivity**: Taman Bukit Kepayang offers established residential infrastructure in Seremban's suburban area, but the lack of nearby MRT connectivity and distance from major employment centers may limit appeal to commuters seeking accessibility to Kuala Lumpur or Klang Valley economic zones.
  • **Risk & Timing Considerations**: The missing tenure specification and completion date represent material information gaps that should be clarified with the developer before commitment; market timing risk is moderate given Seremban's steady but slower growth trajectory compared to metropolitan areas, requiring realistic expectations on resale liquidity and capital appreciation

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 203% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,150,000
Negeri Sembilan MedianRM380,000
Priced 203% 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

RM3,400–4,600

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

18.3x

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
  • By Developer

Risk Factors

  • 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.