Rsku Seri Kenanga by Glomac
Powered by verified data + DOSM
Generated 16 July 2026
Developer
Glomac
Location
Rawang, Selangor
Type
Condominium/Apartment
Price
RM250k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry-level pricing from RM250,000 offers affordability for first-time buyers, though per-unit value depends on unit size and finishes; competitive positioning within Rawang market requires comparison with nearby alternatives to assess value proposition.
- •**Location & Connectivity**: Rawang location provides suburban accessibility with established infrastructure, but absence of direct MRT connectivity limits convenience for KL commuters; reliance on road networks and potential future public transport improvements should be evaluated based on individual work locations.
- •**Risk & Timing**: Completion timeline not specified presents uncertainty for buyers regarding occupancy and ROI timelines; developer track record and market absorption rates in Rawang should be verified before commitment, particularly given the property's location away from major transportation hubs.
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
1.9x
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 |
|---|---|---|---|
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block C) SP Setia | — | RM216k | Completed |
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
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.