Property Review

1 & 2 Storey Terrace @ Taman Seri Bertam, Melaka Tengah

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Melaka Tengah, Melaka

Type

Landed House

Price

RM300k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM300,000 entry price is competitive for landed terrace houses in Melaka, offering reasonable value for first-time buyers and investors seeking affordable properties, though pricing competitiveness depends on unit size and finishing specifications not detailed here.
  • **Location & Connectivity**: Melaka Tengah provides good accessibility to Melaka city center and commercial areas, but absence of nearby MRT connectivity limits public transportation options and may reduce long-term appeal compared to projects in Klang Valley or Selangor corridors with rapid transit access.
  • **Risk & Timing**: Significant risks include unspecified completion timeline and tenure details, which are critical factors for financing and investment planning; lack of transparency on these fundamentals warrants clarification before commitment, and broader Melaka property market absorption rates require consideration for exit liquidity.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM300,000
Melaka MedianRM360,000
Priced 17% below area median

Melaka — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM285,000
2022RM291,000+2.1%
2023RM297,000+2.1%
2024RM304,000+2.4%
2025RM310,000+2.0%
Investment Analysis

Est. Monthly Rental

RM900–1,200

Based on similar properties in Melaka

Gross Rental Yield

3.7%–4.7%

Annual rental / property price

Area Price Trend

+8.8%

Verified data 2021–2025

Price-to-Income

4.0x

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 Melaka

Median Household Income

RM6,210/mo

DOSM 2022

Mean Household Income

RM8,057/mo

DOSM 2022

Households Above RM8k

~35%

Estimated for Melaka

Comparable Projects

Similar projects in Melaka

ProjectLocationPrice FromStatus
Bungalow Land @ Taman Seri Bertam, Melaka TengahMelaka TengahRM214kNew Launch
Why Consider + Risk Factors

Why Consider

  • Strategic location in Melaka Tengah with excellent accessibility
  • Affordable entry price for landed property ownership
  • Established residential area with community infrastructure
  • Strong potential for long-term capital appreciation
  • Spacious landed homes ideal for families

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand

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Disclaimer: This report is generated using publicly available data from the government, 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.