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 69 property projects in Malaysia. Other similar projects by the same developer are Inspirasi, Pelangi Damansara, Pelangi Utama, Residensi Kajang, Residensi Pinang, Saville The Park, Tower B and Tower C.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
1,052 sf - 1,205 sf
Market Price
RM410,000 - RM490,000
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 RM490,000 (about RM390 psf); while the monthly rentals are from RM1,600 to RM1,700 (about RM1.43 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 4.32%, compared to 3.46% a year ago in Q1 2018. 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 RM410 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
05-Sep-19Condominium1,205 sfRM550,000
20-Aug-19Condominium1,205 sfRM480,000
20-Aug-19Condominium1,205 sfRM500,000
13-Aug-19Condominium1,073 sfRM460,000
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

Latest Pelangi Astana for rent listings:

DateTypeBuilt-upRental
11-Oct-19Room In Apartment-NA-RM500
20-Sep-19Condominium1,071 sfRM1,500
09-Sep-19Room In Apartment-NA-RM600
26-Aug-19Room In Apartment-NA-RM330
21-Aug-19Room In Apartment-NA-RM550
10-Aug-19Room In Apartment-NA-RM550
30-Jul-19Condominium1,071 sfRM1,600
23-Jul-19Condominium1,071 sfRM1,550
03-Jul-19Condominium1,188 sfRM1,900
07-Jun-19Condominium1,200 sfRM1,500

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