Property Review

D'Bayu Residen, Condominium @ Ayer Keroh, Melaka

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Ayer Keroh, Melaka

Type

Condominium

Price

RM352k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Unit pricing from RM352,000 is competitive for the Melaka condominium market, though the absence of specified tenure details and completion timeline limits ability to assess true value proposition and potential rental/resale returns.
  • **Location & Connectivity**: Ayer Keroh is a secondary residential area with good proximity to Melaka city centre and basic amenities; however, the lack of nearby MRT/LRT connectivity and reliance on road transport may constrain long-term appeal compared to better-connected urban nodes.
  • **Risk & Timing**: Incomplete project specifications (tenure, completion date, developer details) present material uncertainties; investors should exercise caution until comprehensive information is disclosed, as these factors significantly impact financing eligibility and holding period risk.

NewProjek Score

5.8

Moderate

  • Developer verification status not confirmed
  • Priced 14% above area median
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM352,000
Melaka MedianRM310,000
Priced 14% above area median

Melaka — Median Condo Prices (NAPIC)

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

RM1,000–1,400

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

4.7x

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
Taman Nuri Botani, Villament (RMM) @ Durian Tunggal, MelakaDurian TunggalRM190kCompleted
Bungalow Land @ Taman Seri Bertam, Melaka TengahMelaka TengahRM214kNew Launch
Shang Height Residence @ Melaka City - 15 min to Jonker WalkMelaka TengahRM250kNew Launch
Why Consider + Risk Factors

Why Consider

  • Strategic Ayer Keroh location near Melaka's major attractions
  • Affordable entry price at RM352,000 for condo ownership
  • Well-developed area with established infrastructure and amenities
  • Strong rental demand potential from tourists and students
  • Good investment opportunity in growing Melaka property market

Risk Factors

  • 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.