πŸ“Š Property Intelligence Report

Taman Nuri 3B5, Double Storey Terrace (Garden Home) @ Durian Tunggal, Melaka

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

β€”

Location

Durian Tunggal, Melaka

Type

Landed House

Price

RM424k+

Tenure

β€”

Completion

β€”

NewProjek Verdict

Taman Nuri 3B5 presents an affordable entry-point for first-time homebuyers seeking landed property in Melaka, with competitive pricing at RM424,000 for double-storey terrace units. However, the listing lacks critical information including land tenure, completion timeline, and proximity to public transportation, which may impact long-term value and convenienceβ€”prospective buyers should request these details from the developer before making investment decisions. The absence of MRT connectivity suggests reliance on personal vehicles, positioning this development more suitable for those prioritizing affordability and space over urban accessibility.

🟑 MEDIUM RISK
  • β€’ Developer verification status not confirmed
  • β€’ Priced 18% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM424,000
Melaka MedianRM360,000
Priced 18% above area median

Melaka β€” Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM1,300–1,700

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

5.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kβœ… Yes
RM7,000RM1.0 milβœ… Yes
RM10,000RM1.5 milβœ… Yes
RM15,000RM2.3 milβœ… Yes
RM20,000RM3.2 milβœ… 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
Bungalow Land @ Taman Seri Bertam, Melaka TengahMelaka TengahRM214kNew Launch
Shang Height Residence @ Melaka City - 15 min to Jonker WalkMelaka TengahRM250kNew Launch
Seri Serindit Residensi @ Bukit Serindit, Melaka (3km - Jonker Walk)Melaka TengahRM270kNew Launch
Why Consider + Risk Factors

βœ… Why Consider

  • β€’ Located in Durian Tunggal, Melaka
  • β€’ By Developer

⚠️ Risk Factors

  • β€’ Under construction β€” completion delays are possible
  • β€’ No MRT/LRT station listed nearby β€” 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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