Seri Serindit Residensi @ Bukit Serindit, Melaka (3km - Jonker Walk)
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Melaka Tengah, Melaka
Type
Condominium
Price
RM270k+
Tenure
—
Completion
—
NewProjek Verdict
Seri Serindit Residensi offers an affordable entry point into the Melaka property market with its competitive pricing from RM270,000 and convenient proximity to the popular Jonker Walk heritage district. However, prospective buyers should note the absence of critical project details including tenure type and completion timeline, alongside the lack of nearby MRT connectivity which may limit long-term capital appreciation and tenant appeal. Due diligence is recommended to clarify these outstanding specifications before investment commitment.
- • 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
RM800–1,100
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
3.6x
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 | New Launch |
| Bungalow Land @ Taman Seri Bertam, Melaka Tengah | Melaka Tengah | RM214k | New Launch |
| Shang Height Residence @ Melaka City - 15 min to Jonker Walk | Melaka Tengah | RM250k | New Launch |
✅ Why Consider
- • Located in Melaka Tengah, Melaka
- • By Developer
⚠️ Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — 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.