Glomac Centro, Kayu Ara

Glomac Centro is a leasehold mixed apartment & commercial development located in Kayu Ara, Bandar Utama. There are 344 apartment units available at this project with built-up from 1,175 sf to 1,670 sf for apartment units and 1,300 sf for shop-offices. It was developed by Glomac Bhd with a launch price of about RM500 psf for apartment units, and was completed around End 2014.

Glomac Bhd is a gigantic property developer listed on Bursa Malaysia, and it has developed about 60 property projects in Malaysia. Other similar projects by the same developer are Bandar Saujana Utama, Bayu Tasik, Bukit Saujana, Cengal Condominium, Glomac Damansara, Lakeside Residences, Saujana KLIA, Saujana Rawang, Saujana Utama 1 and Section 13.

Property Type
Mixed Apartment & Commercial
Land Tenure
Leasehold
Built-up
1,175 sf - 1,670 sf (Apartment)
1,300 sf (Shop-Office)
Market Price
RM610,000 - RM780,000 (Apartment)
Density
344 Apartments
Completed In
End 2014
Developer
Launch Price
RM500 psf (Apartment)

This mixed apartment & commercial development has some amenities nearby, i.e. schools and universities. The following are some of the main schools here:

As for universities, there are First City University College, Kolej Malaysia Lincoln University (Website) and Wawasan Open University (WOU) Bandar Utama.

The current market prices for Glomac Centro are from RM610,000 to RM780,000 (about RM570 psf) for apartment units; while the monthly rentals are from RM2,200 to RM3,100 (about RM1.87 psf) for apartment units and RM2,800 (about RM2.15 psf) for shop-offices. The highest median price psf ever recorded was RM665 psf in Q4 2016 (Apartment) and RM670 psf in Q3 2019 (Shop-Office); while the lowest one was RM486 psf in Q1 2019 (Apartment) and RM670 psf in Q1 2019 (Shop-Office).

The current rental yield of Glomac Centro is 4.15% for apartment units. The highest rental yield ever recorded was 4.44% in Q1 2019 (Apartment); while the lowest one was 2.96% in Q4 2016 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Glomac Centro for apartment units is 3-bedroom / 1,175 sf with a median price of RM570 psf. For price wise, the most expensive one is 3-bedroom / 1,175 sf with a median price of RM570 psf; while the cheapest one is 4-bedroom / 1,670 sf with a median price of RM470 psf.

Shop-Office Layouts

Lastly, the most popular layout and size combination at Glomac Centro for shop-offices is 1,300 sf with a median rental of RM2.15 psf. For rental wise, the most expensive one is 1,300 sf with a median rental of RM2.15 psf; while the cheapest one is 1,300 sf with a median rental of RM2.15 psf.

Latest Glomac Centro for sale listings:

DateTypeBuilt-upPrice
TodayCondominium1,279 sfRM730,000
10-Sep-19Condominium1,175 sfRM648,000
10-Sep-19Condominium1,279 sfRM618,000
10-Sep-19Condominium1,279 sfRM700,000
10-Sep-19Condominium1,279 sfRM680,000
10-Sep-19Condominium1,423 sfRM840,000
08-Sep-19Condominium1,669 sfRM664,200
06-Sep-19Condominium1,669 sfRM664,200
06-Sep-19Condominium1,669 sfRM664,200
06-Sep-19Condominium1,670 sfRM664,200

Latest Glomac Centro for rent listings:

DateTypeBuilt-upRental
28-Aug-19Condominium1,175 sfRM2,300
28-Aug-19Condominium1,670 sfRM3,400
28-Aug-19Condominium1,175 sfRM2,500
28-Aug-19Condominium1,175 sfRM2,000
25-Aug-19Room In Apartment-NA-RM780
22-Aug-19Room In Apartment-NA-RM800
22-Aug-19Condominium1,145 sfRM1,900
22-Aug-19Condominium1,175 sfRM2,600
22-Aug-19Room In Apartment-NA-RM775
13-Aug-19Room In Apartment-NA-RM750

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