Bungalow Land @ Taman Seri Bertam, Melaka Tengah
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Melaka Tengah, Melaka
Type
Bungalow
Price
RM214k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM214,000 entry price, the project offers competitive positioning for bungalow land in Melaka Tengah; however, actual value assessment is constrained by absence of detailed specifications, built-up area, and comparative pricing data relative to similar developments in the locality.
- •**Location & Connectivity**: Taman Seri Bertam benefits from Melaka Tengah's established residential status and proximity to commercial amenities, though the absence of nearby MRT connectivity limits accessibility to public transportation networks, making vehicle dependency a consideration for potential occupants.
- •**Risk & Timing**: Material risks exist due to missing critical information including tenure type, completion timeline, and developer track record; these gaps create uncertainty regarding legal rights, project delivery, and investment timeline, warranting comprehensive due diligence before commitment.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
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
RM600–900
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
2.9x
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 |
|---|---|---|---|
| Taman Nuri Botani, Villament (RMM) @ Durian Tunggal, Melaka | Durian Tunggal | RM190k | Completed |
| 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 |
Why Consider
- • Established residential area in central Melaka with strong community
- • Affordable bungalow land at RM214,000 entry price point
- • Strategic location in Melaka Tengah for accessibility
- • Potential for value appreciation in growing Melaka market
- • Suitable for owner-occupation or long-term rental investment
Risk Factors
- • Under construction — completion delays are possible
- • 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.