Property Review

Bungalow Land @ Taman Seri Bertam, Melaka Tengah

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

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, though the absence of completion timelines and tenure details limits full valuation assessment and may impact financing approval and future resale value.
  • **Location & Connectivity**: Taman Seri Bertam is situated in Melaka Tengah with reasonable accessibility to urban amenities, however the lack of nearby MRT connectivity means heavy reliance on private vehicles, which may limit appeal to buyers seeking public transport integration.
  • **Risk & Timing**: The non-disclosure of tenure type, completion date, and developer credentials presents material risks; potential buyers should exercise caution until these critical project parameters are clarified, as unclear timelines may expose purchasers to holding cost uncertainties and market cycle exposure.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM214,000
Melaka MedianRM360,000
Priced 41% below 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

RM600–900

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

2.9x

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

ProjectLocationPrice FromStatus
1 & 2 Storey Terrace @ Taman Seri Bertam, Melaka TengahMelaka TengahRM300kNew Launch
Why Consider + Risk Factors

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 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.