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
Apartment
Land Tenure
Leasehold
Built-up
1,052 sf - 1,205 sf
Market Price
RM410,000 - RM550,000
Density
180 Units
Completed In
2006
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 RM410,000 to RM550,000 (about RM390 psf); while the monthly rentals are from RM1,600 to RM1,800 (about RM1.37 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 3.6%, 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 RM390 psf. For price wise, the most expensive one is 3-bedroom / 1,205 sf with a median price of RM460 psf; while the cheapest one is 3-bedroom / 1,052 sf with a median price of RM390 psf.

Latest Pelangi Astana for sale listings:

DateTypeBuilt-upPrice
23-Jun-19Condominium1,205 sfRM480,000
07-Jun-19Condominium1,052 sfRM415,000
29-May-19Condominium1,071 sfRM499,000
21-May-19Condominium1,052 sfRM415,000
25-Apr-19Condominium1,050 sfRM415,000
18-Apr-19Condominium1,072 sfRM479,000
18-Apr-19Condominium1,205 sfRM500,000
27-Mar-19Condominium1,052 sfRM415,000
25-Mar-19Condominium1,052 sfRM415,000
25-Mar-19Condominium1,056 sfRM415,000

Latest Pelangi Astana for rent listings:

DateTypeBuilt-upRental
03-Jul-19Condominium1,188 sfRM1,900
07-Jun-19Condominium1,200 sfRM1,500
07-Jun-19Condominium1,200 sfRM1,500
17-Apr-19Room In Apartment-NA-RM450
05-Apr-19Condominium1,200 sfRM1,900
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

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