CompletedFreehold

glomac-damansara-residences by Glomac

by GlomacDamansara, Kuala Lumpur

From

RM1.2mil

Price From

RM1.2mil

ReviewWorth ConsideringBased on verified transaction data

glomac-damansara-residences by Glomac Review — Worth Buying?

NP Score

7/10

Worth Considering

The case for buying

  • Damansara prime location in established Kuala Lumpur neighbourhood
  • Freehold tenure offers long-term ownership and investment security
  • Glomac reputable developer with track record of quality
  • Strategic accessibility to Damansara's commercial and retail hubs
  • Strong capital appreciation potential in sought-after area

The honest verdict

Pricing & Value

Starting price of RM1.2 million positions this project in the mid-to-upper segment for Damansara; competitive relative to comparable freehold developments, though final value depends on unit specifications and finishes.

Location & Connectivity

Damansara offers established commercial and residential amenities with good road accessibility; however, the absence of proximate MRT connectivity may limit appeal to public transport-dependent buyers and could impact long-term demand compared to rail-adjacent projects.

Risk & Timing

Lack of specified completion date creates uncertainty for investors regarding timeline and returns; recommend clarifying project milestones and developer track record before commitment, particularly in the current market where delivery delays present moderate risk.

Unlock the full data report — free with sign-in:

  • Market price analysis — is it fairly priced?
  • Investment analysis — rental yield & capital growth
  • Loan eligibility — salary needed to buy
  • Area income profile (DOSM)
  • Comparable projects side-by-side
View Full Report — Free with Sign-in

No payment needed · Takes 10 seconds

Compare more Kuala Lumpur property reviews →

Project Details

Property Type

Condominium/Apartment

Land Tenure

Freehold

Construction Status

Completed

Bumi Discount

Not Available

About glomac-damansara-residences by Glomac

Affordable Homes](https://www.glomac.com.my/project/glomac-damansara-residences/#) Affordable Homes](https://www.glomac.com.my/project/glomac-damansara-residences/#)

glomac-damansara-residences by Glomac Video Tour

Watch a video tour of glomac-damansara-residences by Glomac in Damansara, Kuala Lumpur. Condominium/Apartment by Glomac.

Video sourced from YouTube. Not affiliated with the developer.

More videos →

Facilities & Amenities

Swimming Pool
Gym
24h Security
Playground
Clubhouse

Why Consider glomac-damansara-residences by Glomac?

Based on location data and market analysis

  • Damansara prime location in established Kuala Lumpur neighbourhood
  • Freehold tenure offers long-term ownership and investment security
  • Glomac reputable developer with track record of quality
  • Strategic accessibility to Damansara's commercial and retail hubs
  • Strong capital appreciation potential in sought-after area

Investment Snapshot

Based on verified transaction data for Kuala Lumpur

Est. Monthly Rental

RM4,1005,500

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Airbnb Estimate

RM4,800/mo

RM220/night × 72% occupancy · 4.8% gross yield

See Airbnb guide →

Area Price Trend

+9%

Verified sold prices 2021–2025

Price-to-Income

9.3x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Kuala Lumpur (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Damansara

Browse real verified transaction prices for nearby properties

Can I afford this?

Estimate only — actual bank approval depends on your credit profile and existing commitments.

Est. monthly repayment

RM 4,912/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 1,080,00048% Interest — RM 983,202

Minimum gross monthly income typically needed

RM 8,187/mo

Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.

Check with your real income →

Estimated cash needed upfront

Down payment (10%)RM 120,000
Stamp duty (MOT + loan)RM 37,400
Legal fees (SPA + loan)RM 25,300
Total upfrontRM 182,700

Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).

Full stamp duty & legal fee breakdown →
Property PriceRM 1,200,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of glomac-damansara-residences by Glomac?

glomac-damansara-residences by Glomac starts from RM1.2mil. Contact the developer directly on NewProjek for the latest pricing.

Where is glomac-damansara-residences by Glomac located?

glomac-damansara-residences by Glomac is located in Damansara, Kuala Lumpur, Malaysia.

Who is the developer of glomac-damansara-residences by Glomac?

glomac-damansara-residences by Glomac is developed by Glomac.

What type of property is glomac-damansara-residences by Glomac?

glomac-damansara-residences by Glomac is a Condominium/Apartment development with Freehold tenure.

What is the construction status of glomac-damansara-residences by Glomac?

glomac-damansara-residences by Glomac is currently Completed.

Berapa harga glomac-damansara-residences by Glomac?

glomac-damansara-residences by Glomac dijual bermula dari RM1.2mil. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Completed Project

Looking to buy or rent glomac-damansara-residences by Glomac?

This project is already completed. Browse subsale transactions, current listings, and market data below.

Search Transaction HistoryFind Subsale ListingsOr search rentals →

Still want to contact the developer? (e.g., for clubhouse access, complaints, second-phase info)

Contact developer →
Glomac

Glomac

Petaling Jaya, Selangor

I confirm that I have read the privacy policy and allow my information to be shared with this developer who may contact me later.

View all projects by Glomac
Save to Favourites

Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

Search Transaction Data →

Follow for new-launch reviews

We review new launches like this one — verified prices, real verdicts, no fluff. Follow @newprojek.my so the next one finds you.