Property Review

Single Storey Terrace House @ Taman Sikamat Perdana, Seremban, N.S.D.K

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Seremban, Negeri Sembilan

Type

Landed House

Price

RM349k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM349,000 is competitive for a landed property in Seremban's suburban market, offering reasonable value for owner-occupiers, though limited appreciation potential compared to properties in higher-tier locations.
  • **Location & Connectivity**: Seremban town proximity provides basic amenities access, but the absence of MRT connectivity and reliance on personal transport may limit appeal to commuters and reduce long-term demand relative to Klang Valley alternatives.
  • **Risk & Timing**: Unspecified completion timeline presents uncertainty for buyers; leasehold tenure adds complexity regarding lease decay over time, and the project's nascent stage warrants verification of developer track record and market absorption rates before commitment.

NewProjek Score

6.3

Moderate

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM349,000
Negeri Sembilan MedianRM380,000
Priced 8% below 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

RM1,000–1,400

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

5.6x

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

RM5,226/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

ProjectLocationPrice FromStatus
2-Storey Townhouse @ Taman Bukit Mantin, N.S.D.KMantinRM250kNew Launch
Alpinia Residence @ Putra Nilai

PUTRA NILAI DEVELOPMENT SDN BHD

NilaiRM266kNew Launch
Taman Kersani, 1 & 2-Storey Terrace @ Kuala Pilah, Negeri SembilanKuala PilahRM268kCompleted
Why Consider + Risk Factors

Why Consider

  • Affordable entry point for landed property ownership in Seremban
  • Strategic location in established residential township Taman Sikamat Perdana
  • Strong rental demand potential in growing Seremban market
  • Low maintenance single storey design ideal for families
  • Accessible connectivity to Seremban town centre and highways

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.

Single Storey Terrace House @ Taman Sikamat Perdana, Seremban, N.S.D.K Property Report — Is It Worth Buying? | NewProjek | NewProjek