Property Review

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

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Durian Tunggal, Melaka

Type

Landed House

Price

RM424k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM424,000 entry price for a double-storey terrace is competitive for Melaka's landed property market, though pricing competitiveness cannot be fully assessed without comparable local projects; absence of tenure and completion timeline information limits valuation confidence.
  • **Location & Connectivity**: Durian Tunggal offers reasonable accessibility within Melaka state, but lacks MRT connectivity and appears to be car-dependent; proximity to major employment centers and essential amenities requires further verification to determine practical accessibility.
  • **Risk & Timing**: Significant risks exist due to missing critical project details (tenure type, completion date, developer track record); delayed completion timelines are common in Malaysia and could impact investment returns, while unclear tenure may affect future resale value and financing options.

NewProjek Score

5.8

Moderate

  • Developer verification status not confirmed
  • Priced 18% above area median
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM424,000
Melaka MedianRM360,000
Priced 18% 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

RM1,300–1,700

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?
RM5,000RM704kYes
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

Why Consider + Risk Factors

Why Consider

  • Located in Durian Tunggal, Melaka
  • By Developer

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.