2-Storey Commercial Shop Office @ Country Villas Resort, Melaka
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
Country Heights Holdings Berhad
Location
Melaka Tengah, Melaka
Type
Landed House
Price
RM598k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM598,000 entry price is competitive for a freehold commercial shop office in Melaka, though the absence of specified completion timeline creates uncertainty regarding actual delivery costs and potential price adjustments.
- •**Location & Connectivity**: Melaka Tengah offers established commercial activity and tourism potential, but the lack of MRT connectivity limits accessibility compared to Klang Valley properties, relying instead on road-based transport and regional connectivity.
- •**Risk & Timing**: The undefined completion date presents a material risk for investment planning and cash flow projections; buyers should seek clarity on development milestones before commitment, particularly given the commercial nature requiring operational certainty.
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 (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
RM1,800–2,400
Based on similar properties in Melaka
Gross Rental Yield
3.7%–4.7%
Annual rental / property price
Area Price Trend
+8.8%
NAPIC data 2021–2025
Price-to-Income
8.0x
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 |
|---|---|---|---|
| 1 & 2 Storey Terrace @ Taman Seri Bertam, Melaka Tengah | Melaka Tengah | RM300k | New Launch |
| Taman Bertam Perdana @ Melaka | Melaka Tengah | RM340k | Completed |
| D'Bayu Residen, Condominium @ Ayer Keroh, Melaka | Ayer Keroh | RM352k | Completed |
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 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.