๐Ÿ“Š Property Intelligence Report

Taman Nuri Heights, Double Storey Bungalow @ Durian Tunggal, Melaka

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Durian Tunggal, Melaka

Type

Bungalow

Price

RM697k+

Tenure

Freehold

Completion

โ€”

NewProjek Verdict

Taman Nuri Heights offers competitively priced freehold double storey bungalows in the Durian Tunggal area, making it suitable for budget-conscious buyers seeking property ownership in Melaka; however, the absence of nearby MRT connectivity and unspecified completion timeline present potential concerns for those prioritizing accessibility and project certainty. The freehold tenure and affordable entry price point provide reasonable value for mid-range residential investors, though prospective buyers should seek clarification on completion dates and conduct thorough due diligence on the developer's track record before committing.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Freehold tenure provides long-term ownership security
  • โ€ข Priced 94% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM697,000
Melaka MedianRM360,000
Priced 94% 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

RM2,100โ€“2,800

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

9.4x

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

Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Durian Tunggal, Melaka
  • โ€ข Freehold title property
  • 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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