We stayed at Hallmark hotel! only RM100 per night for a double room. It is clean, safe and decent hotel for tourist! And the most important is its strategic location, at Jalan Kubu which is 5-10 mins walking distance to Jonker street. Wide space of car park are available there, so you do not worry about the parking problem!
The only weakness is the bad sound insulation. You might be able to hear some sounds..not made by the gh**t !! The noise comes from outside and you can easily hear your neighbor talking or maybe snoring. Another thing is the mini LCD TV, no remote control provided. You can only change the channel by pressing the button beside the TV!=p
Again, It is only RM100 per night, so do n0t expect too much! hehe..Here are pictures of Hallmark Hotel

Hallmark Hotel nearby Jonker street

Nice room

Super small TV..without remote control~

Wardrobe and dressing table

Toilet without separating the shower area

Toilet again!

Free parking in front of the hotel
Here are other shortlisted Budget hotels in Malacca for reference on our next trip
1. Hotel 906 – RM96, It looks clean and simple, quite far from Jonker walk but nearer to Pure bar!
2. Queenspark Hotel – RM128, It looks new and clean. Its location is not convenient to those without own transport.
3. Melia Hotel – RM98, Clean but not as new as Hotel 906 and Queenspark Hotel. Same row with Amigo cafe.
4. Fenix Inn Hotel – RM98, Good location! Nearby shopping malls, Jonker Walk and most of the Malacca tourist attraction like Red House.

So lucky to capture this photo of Fenix Hotel from the car!!
5. Aldy Hotel -RM160, 5 min walk to Jonker walk. The main attraction is the Bamboo Hut Bistro, there are live performance for 60s oldies and big screen for soccer lover!!