nuri-apartment-rawang by Glomac
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Glomac
Location
Rawang, Selangor
Type
Condominium/Apartment
Price
RM888k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: At RM888,000 entry price, the project offers mid-range positioning for Selangor; however, without specified completion timeline or detailed unit specifications, valuation assessment remains incomplete and buyers should request comprehensive cost breakdown and comparison with similar freehold developments in Rawang.
- •**Location & Connectivity**: Rawang presents moderate accessibility with established road networks to Kuala Lumpur; the absence of nearby MRT connectivity is a notable disadvantage compared to developments along KTM or MRT corridors, limiting long-term appreciation potential and daily commute convenience for public transport users.
- •**Risk & Development Timeline**: The lack of specified completion date represents significant execution risk; freehold tenure is favorable, but absence of transparent project timeline and developer track record details (Glomac's history should be verified) warrants cautious consideration, particularly regarding potential delays and remedial works post-handover.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 81% 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
RM2,800–3,800
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
6.9x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| 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
- • Freehold tenure provides long-term ownership security and value
- • Rawang location offers affordable pricing with growth potential
- • Glomac developer brings established reputation and quality standards
- • Strategic Selangor location near major employment centres
- • Entry-level property investment opportunity under RM900,000 price point
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.