Successfully restoring degraded forest areas depends on seedlings adapting their growth to suit harsh environments. Hence, the requirements for seedlings’ growth need to be addressed before replanting degraded sites. The present study determines the effect of abiotic factors viz. light irradiance (8%, 30%, and 100%), nutrient addition (no fertiliser (NF), NPK, and vermicompost) on the growth performance and photosynthetic capacity of two dipterocarp species seedlings, Shorea leprosula Miq. and Shorea acuminata Dyer. The morphological characteristics assessed for growth performance comprised plant height, stem diameter, leaf count, leaf area, relative chlorophyll concentration, biomass, and root-to-shoot ratio. Li-Cor 6400 and 6800 were used to measure the leaf gas exchange traits, including photosynthetic rate (A), transpiration rate (E), intercellular CO2 concentration (Ci), stomatal conductance (gsw), and water-use efficiency (WUE). Our results demonstrated that different levels of light intensity and nutrient amendment significantly impacted plant-growth performance. Plants grown in 30% irradiance showed better growth performance in terms of relative height growth rate (RHGR), mean number of leaves, and leaf areas 41%, 24%, and 32% higher than the control. The A value was also higher in 30% irradiance, but no significant differences were observed between each level of light irradiance. The addition of vermicompost gave better growth for RHGR, relative diameter growth rate (RDGR), mean number of leaves, biomass, and relative chlorophyll concentrations 47%, 40%, 131%, 19%, and 27% higher than the control, respectively. However, the results obtained for photosynthetic parameters were contrary to growth performance. The photosynthesis rate (A) was higher (14.8%) in NPK compared to the control, and the other photosynthetic parameters did not differ significantly despite different nutrient amendments. In terms of species, S. leprosula has better growth performance and photosynthetic characteristics than S. acuminata in different light irradiance and nutrient amendments, thereby rendering S. leprosula the preferred rehabilitation species. Generally, nutrient addition of either NPK or vermicompost and 30% light irradiance gave better morphological and physiological growth for both species. The outcome of this study could provide a better understanding on the forest rehabilitation strategy to reduce the seedling-mortality rate, particularly for climax tree species.