Pelangi Damansara, Bandar Utama, Petaling Jaya

Pelangi Damansara (also known as Pelangi Apartment) is a leasehold apartment located in Bandar Utama, Petaling Jaya. There are 2,240 units available at this project with built-up from 750 sf to 1,044 sf. It was developed by MKH Bhd (aka Metro Kajang) with a launch price at around RM160 psf, and was completed in about Aug 2003.

MKH Bhd (aka Metro Kajang) is a very large-sized real estate company listed on KLSE, and it has constructed around 70 real estate projects in Malaysia. Other similar projects by the same developer are Inspirasi, Nexus Residences, Pelangi Astana, Pelangi Utama, Residensi PR1MA Kajang, Residensi Pinang, Saville The Park and Tower B.

Property Type
Land Tenure
750 sf - 1,044 sf
Market Price
RM300,000 - RM440,000
2,240 Units
Completed In
Aug 2003
Launch Price
About RM160 psf

This apartment has some amenities nearby, for example schools and metro transport stations.

The current rental yield of Pelangi Damansara is around 4.4%, compared to 4.65% a year ago in Q3 2018. The highest rental yield ever recorded was 6.11% in Q2 2011; while the lowest one was 3.72% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Pelangi Damansara is 3-bedroom / 750 sf with a median price of RM400 psf. For price wise, the most expensive one is 3-bedroom / 932 sf with a median price of RM430 psf; while the cheapest one is 3-bedroom / 750 sf with a median price of RM400 psf.

Latest Pelangi Damansara for sale listings:

YesterdayCondominium750 sfRM300,000
25-Mar-20Condominium800 sfRM299,000
25-Mar-20Low-Cost Flat764 sfRM280,000
24-Mar-20Condominium750 sfRM295,000
22-Mar-20Low-Cost Flat657 sfRM100,000
18-Mar-20Low-Cost Flat650 sfRM159,000
18-Mar-20Low-Cost Flat750 sfRM290,000
17-Mar-20Condominium900 sfRM390,000
17-Mar-20Low-Cost Flat650 sfRM180,000
17-Mar-20Condominium900 sfRM389,000

Latest Pelangi Damansara for rent listings:

TodayRoom In Apartment-NA-RM550
TodayCondominium850 sfRM1,380
YesterdayCondominium860 sfRM1,500
YesterdayCondominium900 sfRM1,200
26-Mar-20Low-Cost Flat750 sfRM1,100
24-Mar-20Room In Apartment-NA-RM450
23-Mar-20Condominium900 sfRM1,200
23-Mar-20Condominium900 sfRM1,300
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