1-Storey Semi-D, Taman Merlimau Emas Seksyen 3 @ Merlimau, Melaka
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Merlimau, Melaka
Type
Semi-D
Price
RM476k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: At RM476,000 for a freehold semi-detached property, the pricing is competitive for the Merlimau market segment, though affordability depends on buyer income levels; without specified completion dates and detailed specifications, value assessment remains preliminary and requires site inspection and comparison with comparable units.
- •**Location & Connectivity**: Merlimau offers suburban living with moderate accessibility to Melaka City, but the absence of nearby MRT connectivity limits public transport options and may reduce long-term capital appreciation compared to developments along planned transit corridors.
- •**Risk & Timing**: Key risks include unclear completion timeline and developer track record, which affect investment certainty; market timing is moderate as Melaka's property sector shows steady but modest growth, making this suitable for owner-occupiers but requiring careful evaluation for investment returns.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 32% above area median — premium pricing
Is this project priced fairly?
Melaka — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM285,000 | — |
| 2022 | RM291,000 | +2.1% |
| 2023 | RM297,000 | +2.1% |
| 2024 | RM304,000 | +2.4% |
| 2025 | RM310,000 | +2.0% |
Est. Monthly Rental
RM1,400–1,900
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
6.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Melaka
| Project | Location | Price From | Status |
|---|---|---|---|
| Shang Height Residence @ Melaka City - 15 min to Jonker Walk | Melaka Tengah | RM250k | New Launch |
| Seri Serindit Residensi @ Bukit Serindit, Melaka (3km - Jonker Walk) | Melaka Tengah | RM270k | Completed |
| Taman Rembia Damai, 1-Storey Terrace @ Alor Gajah, Melaka | Alor Gajah | RM288k | Recently Completed |
Why Consider
- • Freehold tenure ensures long-term ownership security and asset appreciation
- • Affordable semi-D at RM476k in established Melaka township
- • Strategic Merlimau location with growing residential and commercial development
- • Spacious single-storey design ideal for families and retirees
- • Strong investment potential in Melaka's expanding property market
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • 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.