glomac-centro-shop-office by Glomac
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Glomac
Location
Kuala Lumpur, Selangor
Type
Commercial
Price
RM1.5 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM1.5 million entry point, the project positions itself in the mid-to-premium commercial segment; pricing appears competitive for freehold shop-office units in KL, though actual value depends on unit size, specifications, and comparative analysis with nearby developments.
- •**Location & Connectivity**: The Kuala Lumpur location provides urban accessibility, but the absence of nearby MRT connectivity is a notable limitation for tenant attraction and long-term capital appreciation, particularly as Malaysia's public transport network expands.
- •**Risk & Timing**: The lack of specified completion date presents uncertainty for investors regarding cash flow timing and market conditions at launch; this ambiguity warrants clarification before commitment, and the commercial property sector's current oversupply in KL adds execution risk.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 206% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM4,800–6,500
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
Verified data 2021–2025
Price-to-Income
12.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | Stretch |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
- • Prime Kuala Lumpur location with excellent commercial potential
- • Freehold tenure ensures long-term asset ownership and value
- • Glomac's established reputation delivers quality commercial developments
- • Strategic shop-office mix ideal for business entrepreneurs
- • Strong capital appreciation potential in growing KL market
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 the government, 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.