Property Review

Taman Sutera Wangi @ Batu Berendam

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Batu Berendam, Melaka

Type

Bungalow

Price

RM580k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM580,000 entry price is competitive for landed bungalows in Melaka, offering reasonable affordability compared to Kuala Lumpur markets, though value assessment is constrained by lack of unit specifications and floor area details.
  • **Location & Connectivity**: Batu Berendam lacks direct MRT access and major expressway proximity, limiting connectivity to Melaka city center and regional hubs; suitability depends heavily on reliance on personal vehicles and local amenities availability.
  • **Risk & Timing**: Absence of specified completion date and tenure information presents significant due diligence gaps; potential buyers should prioritize obtaining detailed timelines, financing structure, and legal documentation before commitment to mitigate project execution and ownership clarity risks.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 61% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM580,000
Melaka MedianRM360,000
Priced 61% 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

RM1,700–2,300

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

7.8x

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

ProjectLocationPrice FromStatus
1 & 2 Storey Terrace @ Taman Seri Bertam, Melaka TengahMelaka TengahRM300kNew Launch
Taman Bertam Perdana @ MelakaMelaka TengahRM340kCompleted
D'Bayu Residen, Condominium @ Ayer Keroh, MelakaAyer KerohRM352kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Batu Berendam, Melaka
  • By Developer

Risk Factors

  • Premium pricing relative to area median may limit resale upside
  • 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.