Rsku Seri Kenanga by Glomac
Powered by verified data + DOSM
Generated 1 June 2026
Developer
Glomac
Location
Rawang, Selangor
Type
Condominium/Apartment
Price
RM250k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM250,000 entry price for a freehold condominium in Rawang, the project offers competitive pricing for first-time buyers and investors seeking affordable units, though long-term capital appreciation may be moderate given the sub-urban location and lack of premium amenities typical of higher-priced developments.
- •**Location & Connectivity**: Rawang's established residential infrastructure provides reasonable accessibility via major roads (Federal Route 2, Federal Route 1), but the absence of nearby MRT connectivity limits convenience for KL-bound commuters and may impact future rental demand compared to MRT-adjacent developments in the Klang Valley.
- •**Risk & Timing**: The unspecified completion timeline presents uncertainty for buyers' occupancy planning and financing considerations; early-stage projects in secondary locations like Rawang carry moderate execution risk, and market conditions during completion may differ significantly from current pricing dynamics.
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
RM800–1,100
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
2.1x
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 |
|---|---|---|---|
| Nadi SP Setia | — | RM150k | Recently Completed |
| Nadi 2 SP Setia | — | RM150k | Recently Completed |
| Puteri Oasis, Bungalow Lots @ Bandar Tasik Puteri, Rawang, Selangor Rawang Lakes Sdn Bhd | Rawang | RM156k | New Launch |
Why Consider
- • Freehold tenure ensures permanent ownership and asset security
- • Affordable entry price in growing Rawang locality
- • Glomac's established reputation delivers quality construction standards
- • Strategic Selangor location with expansion potential
- • Excellent value proposition for first-time homebuyers
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.