Seremban Sentral TOD set to drive RM300mil revenue, create 2,500 jobs

The RM2 billion Seremban Sentral Transit-Orientated Development (TOD) is projected to generate up to RM300 million in annual business revenue and create about 2,500 new jobs spanning healthcare, retail, logistics, tourism, and services sectors.

The integrated development is expected to become a major economic driver for Negeri Sembilan, providing a boost to both local businesses and employment opportunities while enhancing the city’s profile as a modern urban hub.

Property experts anticipate that the project will benefit significantly from improved connectivity once the Electric Train Service (ETS) between Johor Bahru and Kuala Lumpur launches on Dec 12.

“The enhanced transport link is expected to increase accessibility, making Seremban Sentral an attractive location for investors, businesses, and residents alike. In the longer term, this improved connectivity is likely to drive up property values in the surrounding area, further cementing the TOD’s role as a catalyst for sustainable urban growth,” he told NST Property.

Transport Minister Anthony Loke said in his officiating speech at the groundbreaking ceremony on Saturday that Seremban Sentral is more than just a physical development project.

It represents a new chapter that will strengthen the identity of this city as a modern and sustainable economic centre, he said.

Loke reportedly said he is targeting multinational companies (MNCs) to establish their backend offices in Seremban.

He acknowledged that current demand for office space in the city is modest, but over the coming years, he aims to position Seremban Sentral as a prime destination for MNCs seeking cost-effective rents and access to talent.

Loke highlighted the direct connectivity to the ETS and noted that the ongoing Seremban Station upgrade is expected to be completed by 2028.

The Railway Assets Corp (RAC), a federal statutory body under the Transport Ministry and the owner of the land, signed an agreement in May this year with the Sunway Group to develop the area into a mini-township.

Sunway was successful in its tender bid, as it had given the highest value in terms of returns to the RAC and the cost it paid for the land was even higher than the government’s valuation.

Tan Sri Sir Dr Jeffrey Cheah KBE AO, founder and chairman of Sunway, said the group aspires to be a strong strategic partner with RAC in this visionary development agenda to drive inclusive, sustainable and equitable economic growth for Negeri Sembilan.

“This long-term partnership will ensure Seremban Sentral delivers not only economic impact but also broad social and community benefits,” he said in a statement.

The 20.8-acre project will be developed over two phases, with the construction of the first phase beginning in 2026, consisting of the 250-bed Sunway Seremban Medical Centre, to be built adjacent to Seremban Railway Station, a 1.2 million sq ft shopping mall and a 300,000 sq ft office tower.

The phase is slated for completion by 2030.

Phase Two, spanning 3.2 million sq ft, will introduce residential, commercial, and community amenities, including serviced apartments. Development will be carried out in stages from 2029 through 2039, further cementing Seremban Sentral as a fully integrated urban centre.

Overall, the project will honour Seremban’s historical identity by restoring and enhancing Seremban Yard, a colonial-era landmark, while preserving its mature trees to maintain the site’s original landscape character.

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