📊 Property Review

glomac-centro-shop-office by Glomac

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

Glomac

Location

Kuala Lumpur, Selangor

Type

Commercial

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Insufficient pricing information available (TBA) makes comparative valuation difficult; freehold tenure is a positive asset quality factor, though final unit prices and per-square-foot metrics are needed to assess competitiveness against similar commercial offerings in KL.
  • **Location & Connectivity**: Situated in Kuala Lumpur with no adjacent MRT connectivity listed, which limits accessibility for office/retail users; proximity to alternative transport modes (bus routes, roads) and surrounding commercial ecosystem requires verification to determine practical locational advantage.
  • **Risk & Timing**: Unspecified completion timeline presents uncertainty for investors and occupants; lack of defined delivery schedule may indicate early-stage development, creating execution and market timing risks that should be clarified before commitment.

NewProjek Score

7.5

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

✅ Why Consider

  • Freehold title offers permanent ownership and long-term value appreciation
  • Glomac's established reputation ensures quality construction and reliable delivery
  • Strategic KL location attracts high foot traffic and tenants
  • Commercial property provides stable rental income and investment returns
  • Shop-office hybrid model suits diverse business and entrepreneurial needs

⚠️ Risk Factors

  • 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.