Buyer guide · Melaka
Buying a subsale property in Melaka
A subsale (resale) home is bought from its current owner: you see the actual unit, the view and the neighbours, and you can move in or rent it out within months. This guide sets out the steps, the real costs and the checks, with recorded and asking prices for the 12 Melaka projects on this site.
The process
Steps to buy a subsale property
- Set your budget. Get a bank pre-assessment. Banks usually lend up to 90% for your first two properties and up to 70% from the third.
- Compare prices. Set asking prices against recorded transactions in the same building (NAPIC open data, EdgeProp, or ask Jason).
- View and check. Defects, water pressure, parking and the management office’s statement of arrears.
- Offer and earnest deposit. An offer to purchase with an earnest deposit, usually 2% to 3%, subject to contract.
- SPA and the 10% deposit. Your lawyer searches the title and the seller, then you sign the SPA and pay the balance of the 10%.
- Loan and consents. The bank values the unit. State consent is needed for foreign buyers and for some leasehold or restricted titles in Melaka.
- Completion and keys. Usually 3 months from the SPA or consent, with a 1-month extension at interest; then the title is transferred and the keys handed over.
Melaka rules
What applies to foreign buyers and sellers in Melaka
State rules as summarised on the Melaka property page; confirm the current position with your lawyer before you sign.
Minimum price, strata: above RM500,000
Foreign individuals and companies may buy a strata home (condominium or apartment) priced above RM500,000. The Malaysian Bar’s state table (as at October 2024) words it as RM500,000 and above.
Minimum price, landed: above RM1 million
Landed homes, including landed strata, need a price above RM1 million. Detached and semi-detached homes are capped at 10% of a project, with land of up to 8,000 sq ft (detached) or 5,000 sq ft (semi-detached).
What a foreigner cannot buy
Low-cost and low-medium-cost homes, single and 1½-storey terraces, shops under three storeys, property allocated to Malays, property sold at auction or by court order, and Malacca Customary Land (MCL).
No foreign ownership in the heritage zone
The state policy says foreign interests may not own property in Melaka’s Heritage Area (Kawasan Warisan). Ask your lawyer to check any city-centre title against the zone.
Quota per project
Foreign ownership of condominiums and apartments is limited to 50% of a project in urban areas and 30% outside them; commercial buildings to 30%.
State consent from PTG Melaka
Every purchase, including by permanent residents and MM2H participants, needs State Authority consent through the Melaka Land and Mines Office (Pejabat Tanah dan Galian). Approval is valid for two years.
Price evidence
Recorded and asking prices in Melaka
One line per project on this site, as shown on each project page. Transacted figures are deals recorded with the valuation department; asking figures are listings.
| Project | Figure | Source and date |
|---|---|---|
| Atlantis Residences | Not published: EdgeProp shows no recorded transactions median | EdgeProp, viewed Oct 2026 |
| Bali Residences | Not published on EdgeProp median | EdgeProp, viewed Oct 2026 |
| Ocean Palms Condominium | Not published on EdgeProp median | EdgeProp, viewed Oct 2026 |
| Silverscape Residences | Not published: EdgeProp shows no recorded transactions median | EdgeProp, viewed Oct 2026 |
| Sri Melaka Residensi | RM260 – RM277 psf · median about RM268 psf EdgeProp sold range, last 48 months | EdgeProp, Oct 2026 |
| Taman Belimbing Harmoni | RM255 psf (middle range RM202–269 psf), last 48 months median, terrace and semi-detached | EdgeProp project page, Oct 2026 |
| The Heights Residence | RM370 psf · typical RM331–403 psf median, last 48 months | EdgeProp, viewed Oct 2026 |
| The Shore @ Melaka River | RM756 psf · typical RM700–786 psf median, last 48 months | EdgeProp, viewed Oct 2026 |
Transacted figures from EdgeProp, Brickz or NAPIC as cited on each project page.
| Project | Figure | Source and date |
|---|---|---|
| Admiral Residences | RM340,000 – RM550,000 · about RM318–474 psf for sale | PropertyGuru listings, Oct 2026 |
| Atlantis Residences | RM185,000–880,000 · most RM258,000–460,000 (about RM229–449 psf) for sale | PropertyGuru listings, Oct 2026 |
| Bali Residences | RM185,000–998,000 · studios about RM295,000, 4 bedrooms about RM974,000 for sale | PropertyGuru listings, Oct 2026 |
| Ocean Palms Condominium | RM225,000–950,000 · 2 bedrooms about RM273,000, 3 bedrooms about RM399,000 for sale | PropertyGuru listings, Oct 2026 |
| Silverscape Residences | RM165,000–480,000 · most RM200,000–430,000 (about RM306–467 psf) for sale | PropertyGuru listings, Oct 2026 |
| Sri Melaka Residensi | RM294,060 – RM299,000 · about RM299–340 psf for sale (2 listings) | iProperty listings, Oct 2026 |
| Taman Nuri | RM430,000 – RM470,000 2-storey terrace (2 listings) | PropertyGuru listings, Oct 2026 |
| The Heights Residence | RM225,000–350,000 · 3 bedrooms about RM298,000 on average for sale | PropertyGuru listings, Oct 2026 |
| The Shore @ Melaka River | RM197,000–750,000 · most RM220,000–618,000 (about RM452–611 psf) for sale | PropertyGuru listings, Oct 2026 |
Asking prices from property portals in the month shown.
What it costs
Cash needed on a RM500,000 subsale home
| Item | Amount | How it is worked out |
|---|---|---|
| Down payment | RM50,000 | 10% of the price |
| Stamp duty on the transfer | RM9,000 | 1% of the first RM100,000, 2% of the next RM400,000, then 3% to RM1 million and 4% above |
| Stamp duty on a 90% loan | RM2,250 | 0.5% of the loan |
| Lawyer’s fees (SPA and loan) | about RM11,900 plus SST | Solicitors’ Remuneration Order 2023 scale |
| Valuation and disbursements | about RM1,500–3,000 | Bank valuation, searches, registration |
Illustration for a Malaysian buyer. Malaysian first-time buyers at RM500,000 or below pay no stamp duty on the transfer or loan for SPAs signed from 1 January 2026 to 31 December 2027. Foreign buyers pay 8% stamp duty on the transfer of a home from 1 January 2026. Use the buying costs calculatorCalculate my exact costs → for your numbers.
Straight answers
Frequently asked questions
Can a foreigner buy a subsale property in Melaka?
Yes, if the unit meets the Melaka minimum for foreign buyers (Minimum price, strata: above RM500,000) and is not a restricted unit, with state consent. Stamp duty for foreigners buying a home is 8% from 2026.
How long does a subsale purchase take?
Commonly three to four months from the SPA to the keys; longer when state consent is needed.
How much cash do I need for a RM500,000 subsale home?
About RM75,000 to RM78,000 including the 10% deposit, stamp duty and legal fees, before renovation. A Malaysian first-time buyer may save the stamp duty.
Where do I see what units really sold for?
Recorded transactions are published through NAPIC open data and summarised on EdgeProp and Brickz. The table above links each project on this site; Jason can pull the latest deals for a specific unit type.
General information by a registered agent, not legal or tax advice. Rates as published for 2026; your lawyer and LHDN have the final figure. Checked October 2026.
Looking for a subsale home in Melaka?
Send your budget, area and property type. I will reply with units that fit, recorded prices and a full cost estimate.