PROPERTY REVIEWS · REVIEW #467High-RiseShow unitStudent rental investment Nilai, Negeri Sembilan

OSK Areca: a rental investment for Nilai's student town.

Official video thumbnail from Sean Tan (@iherng) · Published on YouTubeOpen on YouTube

Filmed at the show unit in August 2026, while the project was still being built. Finishes, prices and surroundings may have changed since.

CHAPTER 01

What sets it apart

OSK Areca puts 944 units on 2.53 acres with no retail, so it is purely residential. Residents park in an elevated car park joined to the tower, some on the same level as their unit. Above it is a large facility deck with a lap pool, gym, barbecue terrace and yoga studio, plus a separate sports block with a half basketball court, games room and co-working space that Sean says cost about RM2 million. A jogging track runs across the roof.

Six lifts serve 30 units a floor along 2.4 m corridors, and ceilings are 3.05 m, a minimum the local council sets for every project in Nilai. Type A is 592 sq ft with one bedroom plus one and starts at about RM287,000; Type B, the 753 sq ft two-bedroom Sean tours, has a yard big enough for a second kitchen. Prices average about RM500 psf.

CHAPTER 02

Where it is

It sits at a roundabout on Bandar Baru Nilai's main road, near AEON Mall, where the roads, walkways and landscaping are wide and well built. Its tenants are the town's students, from INTI and USIM to Mila University (formerly Manipal), which plans for 30,000 students on 150 acres, along with workers at nearby industrial parks and data centres, and airline crews. The developer will run shuttles, and Nilai KTM station is about 15 minutes' drive away.

CHAPTER 03

Rent and returns

The developer is shortlisting operators who can furnish and run units for investors, as co-living rooms or short stays, at proposed returns of 8% to 11% a year. Sean says units let to students nearby already rent well, but buyers should be clear on the target tenant, the rent, the furnishing budget and who will manage the unit before they commit.

What caught Sean's eye

Room to breathe in a compact unit

Nilai's council requires 3.05 m ceilings in every project, and the developer went further with 2.4 m common corridors, where Sean usually considers 1.8 m a luxury. With wider walls, they make a 753 sq ft unit big enough for a six-seat dining table.

SEAN'S TAKE

3 on 3

The three things Sean likes and the three he doesn't, from his own list at the end of the episode.

WHAT SEAN LIKES
  • 1The town as it is today: hospitals, schools, universities, shops and the KTM are all in place, with more coming in new industrial parks, data centres and expanding campuses. The council's wide roads, walkways and landscaping set Bandar Baru Nilai well apart from old Pekan Nilai.
  • 2A clear target: students and young professionals, for investment or a first own-stay. The developer will propose management companies to furnish and run units for investors, at a proposed 8% to 11% a year at today's prices.
  • 3Design that fits the tenant: a deck modelled on the developer's PJ project, with a 50 m pool, about RM2 million spent on a separate sports and co-working block, a rooftop and a new park at the entrance. Wider walls, taller ceilings and wider corridors make the units spacious enough for a six-seat dining table and a yard that can hold a second kitchen.
WHAT SEAN DOESN'T
  • 1The empty land all around: much of it is still green, so early buyers gain if Nilai grows as planned. Sean prices an investment on existing amenities and rents, adding only a little for confirmed future projects.
  • 2It is an investment product: every unit is compact, with no three- or four-bedroom options, so families are better served by Nilai's landed homes. Investors must also decide whether to manage the unit themselves or take the developer's furnishing and management package.
  • 3No shops in the project: students and young professionals keep late hours, and food or services mean a 7 to 10 minute walk to a new commercial area or a Grab to AEON. Retail would add convenience, at some cost to privacy and security.
“

A well-planned rental asset for a student city in the making; families should look at Nilai's landed homes instead.

— iherng Journal editorial note

Editorial Note: This summary is distilled from Sean Tan's public video breakdown and verified episode documentation. All property specifications and opinions reflect the recording date and should be verified for present-day listings.

ORIGINAL EPISODE

PROPERTY REVIEW #467 | OSK ARECA, NILAI

30:40

Sources & Verification Data

Based on Sean's full English captions for this August 2026 episode and its video description. The 3 on 3 follows the three things he likes and the three he doesn't, in his order, at the end of the video. The developer's team showed Sean the sales gallery and show unit while the project was under construction. Returns are the developer's proposed figures; Sean puts the sports block at about RM2 million in the video, while his description gives about RM4 million for the facilities.

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