Pelangi Astana, Bandar Utama, Petaling Jaya

Pelangi Astana is a leasehold apartment located in Bandar Utama, Petaling Jaya. There are 180 units available at this project with built-up from 1,052 sf to 1,205 sf. It was developed by MKH Bhd (aka Metro Kajang) with a launch price at about RM190 psf, and was completed in around 2006.

MKH Bhd (aka Metro Kajang) is a very large-scale property developer listed on Bursa Malaysia, and it has built about 60 property projects in Malaysia. Other similar projects by the same developer are Pelangi Damansara, Pelangi Utama and Saville The Park.

Property Type
Land Tenure
1,052 sf - 1,205 sf
Market Price
RM440,000 - RM590,000
180 Units
Completed In
Launch Price
About RM190 psf

This apartment has many amenities nearby, e.g. schools, metro transport stations and universities.

The current market prices for Pelangi Astana are from RM440,000 to RM590,000 (about RM420 psf); while the monthly rentals are from RM1,500 to RM1,900 (about RM1.58 psf). The highest median price psf ever recorded was RM539 psf in Q4 2016; while the lowest one was RM190 psf in Q1 2004.

The current rental yield of Pelangi Astana is around 4.17%, compared to 3.21% 2 years ago in Q4 2017. The highest rental yield ever recorded was 7.11% in Q4 2009; while the lowest one was 3.21% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Pelangi Astana is 3-bedroom / 1,071 sf with a median price of RM420 psf. For price wise, the most expensive one is 3-bedroom / 1,205 sf with a median price of RM490 psf; while the cheapest one is 3-bedroom / 1,052 sf with a median price of RM420 psf.

Latest Pelangi Astana for sale listings:

01-Feb-19Penthouse1,216 sfRM560,000
19-Jan-19Condominium1,072 sfRM410,000
18-Jan-19Condominium1,052 sfRM415,000
02-Jan-19Condominium1,073 sfRM495,000
28-Dec-18Condominium1,205 sfRM570,000
28-Dec-18Condominium1,073 sfRM498,000
28-Dec-18Condominium1,071 sfRM415,000
26-Dec-18Condominium1,052 sfRM420,000
25-Dec-18Condominium1,052 sfRM408,000
12-Dec-18Condominium1,208 sfRM595,000

Latest Pelangi Astana for rent listings:

08-Mar-19Room In Apartment-NA-RM330
08-Mar-19Condominium1,200 sfRM1,500
24-Feb-19Condominium1,200 sfRM1,650
11-Feb-19Condominium1,020 sfRM1,800
10-Feb-19Condominium1,100 sfRM1,600
17-Jan-19Condominium1,205 sfRM1,600
11-Jan-19Room In Apartment-NA-RM700
28-Dec-18Room In Apartment-NA-RM650
24-Dec-18Condominium1,089 sfRM1,500
16-Dec-18Condominium1,100 sfRM1,500