plazakelana-jaya by Glomac
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Glomac
Location
Kuala Lumpur, Selangor
Type
Condominium/Apartment
Price
RM383k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing from RM383,000 offers accessibility for first-time buyers, though unit specifications and built-up sizes require verification to assess value competitiveness against comparable freehold developments in the Klang Valley.
- •**Location & Connectivity**: Kelana Jaya benefits from established infrastructure and commercial amenities, but the absence of nearby MRT connectivity may limit long-term appeal compared to transit-oriented alternatives, despite proximity to major roads and the LRT line.
- •**Risk & Timing**: The unspecified completion timeline presents uncertainty for investors regarding cash flow and possession dates; buyers should seek clarification on project phase timelines and developer track record before committing, particularly in the current market environment.
NewProjek Score
8
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
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
RM1,200–1,700
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
3.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| 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
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block B) SP Setia | — | RM216k | Completed |
| Triowalk SP Setia | — | RM216k | Under Construction |
Why Consider
- • Freehold property in Klang Valley's vibrant Kelana Jaya location
- • Established neighbourhood with mature infrastructure and amenities nearby
- • Affordable entry price under RM400k for urban living
- • Glomac's proven track record in quality residential developments
- • Strong rental demand and capital appreciation potential in area
Risk Factors
- • Under construction — completion delays are possible
- • 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.