glomac-centro-shop-office by Glomac
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Glomac
Location
Kuala Lumpur, Selangor
Type
Commercial
Price
RM1.5 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing and Value**: Unit prices starting from RM1.5 million position this project at a mid-to-upper tier for shop-office space in KL; value assessment requires comparison with similar freehold commercial offerings, though pricing appears aligned with central KL commercial markets.
- •**Location and Connectivity**: The project's connectivity is constrained by the absence of proximate MRT access, potentially limiting tenant appeal and long-term capital appreciation; viability depends heavily on alternative transport links, road accessibility, and the specific micro-location within Kuala Lumpur.
- •**Risk and Timing**: The lack of a specified completion date introduces execution uncertainty and extends the investment timeline; commercial property markets are cyclical, and delayed delivery could impact rental demand and resale conditions upon completion.
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
11.7x
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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
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.