Property Review

2-Storey Commercial Shop Office @ Country Villas Resort, Melaka

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Country Heights Holdings Berhad

Location

Melaka Tengah, Melaka

Type

Landed House

Price

RM598k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM598,000 is competitive for landed commercial shop office in Melaka, offering freehold tenure which provides long-term asset security, though pricing competitiveness depends on built-up area and comparison with nearby commercial developments.
  • **Location & Connectivity**: Melaka Tengah provides moderate accessibility to Melaka's commercial hub, but the absence of MRT connectivity limits public transport advantages; reliance on personal vehicles or local bus services may restrict tenant appeal for service-based businesses requiring high foot traffic.
  • **Risk & Timing**: Completion timeline is unspecified, presenting uncertainty for investment planning and cash flow projections; buyers should verify detailed timelines with Country Heights Holdings Berhad before commitment, particularly given current market volatility in secondary commercial properties.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 66% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM598,000
Melaka MedianRM360,000
Priced 66% above 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

RM1,800–2,400

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

8.0x

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

Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures long-term ownership security and wealth appreciation
  • Established developer Country Heights Holdings brings credibility and quality
  • Melaka Tengah location offers vibrant commercial and tourism opportunities
  • Affordable entry price at RM598,000 for commercial property
  • Strategic location near major attractions supports rental income potential

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

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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.