NILAI

Negeri Sembilan, Malaysia

65
Properties within neighbourhood
1
Convenience Store
0
Shopping Malls
0
Supermarkets & Markets
2
Public Transport
2
Educations
0
Places of Worship
1
Medicals
0
Banks
0
Petrol Station

average

Crime Level

Nilai-KLIA Highway

Highways

Putra Nilai, Seri Pajam, D'Camelia Court, Alamanda Superlink Homes 2, Damai Floresta, Warisan Villa, Azalea, Bellina Villas @ Nilai Springs, The Villas, Alpinia Residence

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About This Map

Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Nilai *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review

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Nilai is an upcoming town on the edge of the Kuala Lumpur city centre, that is technically located in the district of Seremban and the state of Negeri Sembilan. Due to its proximity to the Kuala Lumpur city centre, Nilai has been gaining the attention of developers and home buyers. As Nilai is located on the outskirts, the cost of land here is on the lower side, as is the cost of building a home or even a township.

Nilai is also popularly known as a student township as it has many institutions of higher education in the area. Of the most renowned institutions in this area is the INTI International University, Nilai University, Universiti Sains Islam Malaysia, Islamic University College of Malaysia, and Manipal International University. The number of universities in this town has resulted in a very healthy student rental market in Nilai.

With the number of upcoming developments in Nilai, hypermarkets and businesses are mushrooming in town. Within just the town area there is Mydin, Tesco, Giant, Nilai Square and the Nilai 3 Wholesale Centre, with the latter two drawing crowds even from the city.

As a result of Nilai’s increasing popularity, there are a number of upcoming new developments and townships in town. Of the most popular one offering some of the most affordable homes in a beautiful environment with its own communal gardens is Pajam Nilai. There is also Putra Nilai which comprises a massive 6,233 acres of land, which its development started in the early 90s.

Approaching the year 2017, Nilai is now seeing healthy development growth and is a preferred township of first time home buyers

Consumer Price Index

This is a representation of Negeri Sembilan Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.35% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 2.889% in the year 2014 while surging by 2.717% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.4 in 2014, 113.4 in 2015.

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