2-Storey Commercial Shop Office @ Country Villas Resort, Melaka
Powered by verified data + DOSM
Generated 29 July 2026
Developer
Country Heights Holdings Berhad
Location
Melaka Tengah, Melaka
Type
Landed House
Price
RM598k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: RM598,000 for a 2-storey commercial shop office is competitively positioned for Melaka's market, though pricing competitiveness depends on built-up area and comparable units in the vicinity; freehold tenure adds intrinsic value and appeals to both owner-occupiers and investors.
- •**Location & Connectivity**: Melaka Tengah offers established commercial activity and accessibility via main roads, but the absence of nearby MRT connectivity limits appeal to tenants and buyers seeking public transport convenience, potentially constraining long-term rental yields and resale demand compared to Klang Valley locations.
- •**Risk & Timing**: The absence of a specified completion date introduces uncertainty for investors; this project requires clarification on construction timeline and developer track record to assess execution risk, and current market timing favors projects with transparent timelines and established occupancy in competitive commercial markets.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 66% above area median — premium pricing
Is this project priced fairly?
Melaka — Median Condo Prices (Verified)
| 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
RM1,800–2,400
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
7.2x
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
RM6,891/mo
DOSM 2024
Mean Household Income
RM8,686/mo
DOSM 2024
Households Above RM8k
~39%
Estimated for Melaka
Similar projects in Melaka
| Project | Location | Price From | Status |
|---|---|---|---|
| 1 & 2 Storey Terrace @ Taman Seri Bertam, Melaka Tengah | Melaka Tengah | RM300k | New Launch |
| Double Storey Cluster @ Taman Nuri Heights, Durian Tunggal, Melaka | Durian Tunggal | RM469k | New Launch |
| Double Storey Terrace @ Taman Bertam Putra near Tanjung Minyak & Melaka Tengah | Melaka Tengah | RM478k | New Launch |
Why Consider
- • Freehold property in established Melaka Tengah commercial area
- • Affordable entry price for commercial shop office investment
- • Country Heights Holdings: reputable developer with track record
- • Strategic location near Melaka city centre amenities
- • Strong rental potential in growing commercial hub
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.