nuri-apartment-rawang by Glomac
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Glomac
Location
Rawang, Selangor
Type
Condominium/Apartment
Price
RM888k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM888,000 entry price for a freehold condominium, Nuri Apartment offers competitive positioning within the mid-range segment, though pricing justification depends on unit specifications and built-up area which should be verified against comparable properties in Rawang.
- •**Location & Connectivity**: Rawang provides suburban accessibility with established road networks (Federal and New Klang Valley Expressways nearby), suitable for commuters; however, the absence of proximate MRT connectivity limits public transportation options and may impact long-term asset appreciation compared to strategically connected locations.
- •**Risk & Timing**: The unspecified completion timeline presents execution risk and potential delays in possession; investors should clarify delivery schedules with the developer, and market absorption rates in Rawang's competitive supply should be assessed before commitment.
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
7.4x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • Located in Rawang, Selangor
- • Freehold title property
- • By Glomac
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.