Plazakelana Jaya Shop Offices by Glomac
Powered by verified data + DOSM
Generated 1 June 2026
Developer
Glomac
Location
Kelana Jaya, Selangor
Type
Commercial
Price
RM305k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Unit prices starting from RM305,000 position this as an accessible entry point for commercial investors; however, the absence of detailed specifications and completion timeline makes it difficult to assess value-for-money relative to comparable shop office developments in the Klang Valley.
- •**Location & Connectivity**: Kelana Jaya offers established commercial activity and residential proximity, but the lack of nearby MRT connectivity is a notable limitation in an era of prioritized public transport accessibility; reliance on car-dependent circulation may constrain tenant appeal and long-term marketability.
- •**Risk & Timing**: The non-specified completion date introduces execution risk and uncertainty for investors; combined with the commercial property sector's current softness and extended absorption periods, purchasers should seek clarity on development timeline and pre-launch sales velocity before committing capital.
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
RM1,000–1,300
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
2.5x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Puteri Oasis, Bungalow Lots @ Bandar Tasik Puteri, Rawang, Selangor Rawang Lakes Sdn Bhd | Rawang | RM156k | New Launch |
| Sky Curve SP Setia | — | RM180k | Under Construction |
| Saujana Rawang by Glomac Glomac | Rawang | RM200k | Under Construction |
Why Consider
- • Established Kelana Jaya location with strong commercial demand
- • Freehold tenure ensures long-term asset appreciation potential
- • Glomac's proven track record in quality developments
- • High foot traffic area ideal for retail business
- • Strategic position in Klang Valley commercial hub
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.