๐Ÿ“Š Property Intelligence Report

Phase 6 OAK HILL Series @ Melaka, near Bukit Katil, MITC & Ayer Keroh

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Melaka Tengah, Melaka

Type

Landed House

Price

RM645k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Phase 6 OAK HILL Series offers a competitively priced landed house option in the Melaka Tengah area with convenient proximity to major commercial and recreational zones including MITC and Ayer Keroh; however, the absence of MRT connectivity and unspecified tenure and completion details present notable limitations for potential buyers requiring clarity on long-term value and delivery timelines. The project's positioning near established commercial hubs provides practical accessibility benefits, though interested parties should seek clarification from the developer regarding freehold/leasehold status and project milestones before committing. Overall, this represents a mid-range opportunity suitable for buyers prioritizing location convenience over public transportation access, contingent upon obtaining comprehensive project information.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 79% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM645,000
Melaka MedianRM360,000
Priced 79% above area median

Melaka โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM285,000โ€”
2022RM291,000+2.1%
2023RM297,000+2.1%
2024RM304,000+2.4%
2025RM310,000+2.0%
Investment Analysis

Est. Monthly Rental

RM1,900โ€“2,600

Based on similar properties in Melaka

Gross Rental Yield

3.7%โ€“4.7%

Annual rental / property price

Area Price Trend

+8.8%

NAPIC data 2021โ€“2025

Price-to-Income

8.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโš ๏ธ Stretch
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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 Bertam Perdana @ MelakaMelaka TengahRM340kNew Launch
D'Bayu Residen, Condominium @ Ayer Keroh, MelakaAyer KerohRM352kNew Launch
1-Storey Terrace, Taman Merlimau Emas Seksyen 3 @ Merlimau, MelakaMerlimauRM358kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Melaka Tengah, Melaka
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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