Property Review

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

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
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 units in Melaka, offering reasonable value for first-time buyers and investors seeking affordable properties, though final valuation depends on unit size and finishes not detailed here.
  • **Location & Connectivity**: Taman Seri Bertam in Melaka Tengah provides good accessibility to commercial and administrative hubs, though absence of nearby MRT limits public transport options and may reduce long-term appreciation compared to KL/Selangor properties with rail connectivity.
  • **Risk & Timing**: Critical due diligence gaps exist—tenure type, completion timeline, and developer track record are not specified, creating uncertainty for purchase commitment; clarity on these factors is essential before proceeding, particularly regarding completion delays common in smaller Melaka developments.

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 (NAPIC)

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%

NAPIC 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
Taman Nuri Botani, Villament (RMM) @ Durian Tunggal, MelakaDurian TunggalRM190kCompleted
Bungalow Land @ Taman Seri Bertam, Melaka TengahMelaka TengahRM214kNew Launch
Shang Height Residence @ Melaka City - 15 min to Jonker WalkMelaka TengahRM250kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Melaka Tengah, Melaka
  • By Developer

Risk Factors

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

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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