Property Review

Nova, 2-Storey Semi-D & Bungalow @ Seremban 2 Heights

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
Executive Summary

Developer

Location

Seremban, Negeri Sembilan

Type

Bungalow

Price

RM1.8 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1.78M entry point is competitive for freehold bungalows in Seremban 2, offering reasonable value relative to comparable properties in the area, though pricing should be verified against recent market transactions to confirm positioning.
  • **Location & Connectivity**: Seremban 2 Heights provides established residential infrastructure with proximity to amenities, though the absence of MRT connectivity limits appeal for commuters; accessibility depends primarily on road networks and private transport.
  • **Risk & Timing**: The unspecified completion timeline presents uncertainty for buyers requiring occupancy schedules; market conditions in Negeri Sembilan's secondary property market warrant monitoring, particularly regarding demand sustainability and resale liquidity.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 368% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,780,000
Negeri Sembilan MedianRM380,000
Priced 368% 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

RM5,300–7,200

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

28.4x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
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 Developer

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
🔒

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.