Property Review

glomac-cyberjaya-2 by Glomac

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Glomac

Location

Cyberjaya, Selangor

Type

Condominium/Apartment

Price

RM2.9 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM2.85M for freehold units, the project positions itself at the upper-mid range for Cyberjaya residential properties; valuation appears reasonable relative to comparable developments, though pricing power may depend on unit specifications and finishes not detailed here.
  • **Location & Connectivity**: Cyberjaya's established tech hub status provides steady tenant demand and professional demographic appeal; however, the absence of nearby MRT connectivity is a notable disadvantage compared to newer projects along the MRT3 line, potentially limiting transit accessibility for non-car owners.
  • **Risk & Timing**: Completion timeline is not specified, creating uncertainty around delivery timelines and market conditions at handover; additionally, Cyberjaya's market momentum has plateaued relative to emerging alternatives like Bangi and Putrajaya, warranting careful assessment of long-term appreciation potential.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 482% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,850,000
Selangor MedianRM490,000
Priced 482% above area median

Selangor — Median Condo Prices (Verified)

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

RM9,100–12,300

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

22.1x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milNo
RM20,000RM3.2 milYes

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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Cyberjaya tech hub location with strong economic growth potential
  • Freehold tenure ensures long-term ownership and asset appreciation
  • Glomac's established reputation delivers quality construction and reliability
  • Prime commercial district proximity supports rental yield opportunities
  • Strategic location attracts tech professionals and international investors

Risk Factors

  • Under construction — completion delays are possible
  • 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.